SJM still leader of casino market share

2013-6-4

From：Macau Business

SJM Holdings Ltd has seen its market share of casino gross gaming revenue in Macau decrease by 3 percent month-to-month, to 23 percent in May.

However, the operator continues to lead the market.

Sands China Ltd held steady in second spot at 21 percent, down by one percent month-to-month, according to unofficial market data compiled by our sister publication Business Daily.

Galaxy Entertainment Ltd also retained third place despite having slipped by one percentage point from 19 to 18 percent.

Melco Crown Entertainment Ltd stayed in fourth place, with a 14 percent market share.

Wynn Macau Ltd remained in fifth with a 12 percent share, while MGM China Holdings Ltd was in sixth position, with an 11 percent share.

Macau casinos generated MOP29.6 billion (US$3.7 billion) in gross revenues last month, up by 13.5 percent year-on-year, according to official figures released yesterday.

It was the second highest monthly record of all time, only beaten by March’s MOP31.3 billion.

Union Gaming Research Macau said in a note on the May numbers that the market was on track for around 16 percent expansion year-on-year during 2013.

“This contemplates VIP growth of around 10 percent (as compared to eight percent in 2012) and mass market tables and slots growth of around 30 percent (in line with the previous three years),” stated the research house.

Copyright@Macau Business