Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Macau Gaming August Update: MTD ADR Up 25+% YoY Driven by Robust VIP Demand

Based on our research and checks, we Estimate that the average daily revenue (ADR) in Macau was ~738 mn MOP during the period of Aug 1-13, up 25% year-over-year. The growth trajectory is similar to that of last week. We estimate that VIP and mass segment grew ~35% and 6% year-over-year in August respectively.  VIP rolling at Sun City remains extremely robust at 44% yoy MTD, excluding luck factor.   We estimate that for the entire month of Aug, overall GGR should be up ~21% yoy. ...(continued)

This insight is part of Smartkarma. For more follow this link.



This post first appeared on Smartkarma | Intelligent Investing, please read the originial post: here

Share the post

Macau Gaming August Update: MTD ADR Up 25+% YoY Driven by Robust VIP Demand

×

Subscribe to Smartkarma | Intelligent Investing

Get updates delivered right to your inbox!

Thank you for your subscription

×