Sands China and Galaxy represented 45.5 % of all Macau gaming market results in H1
Wednesday 04 de September 2019 / 10:22
⏱ 2 min read
(Macau).- Sands China and the Galaxy Entertainment Group continued to hold the largest market shares of the local gaming market in the first half of this year, but with Galaxy seeing a slight decrease in its share due to a tumble in VIP revenues, a report by brokerage Deutsche Bank indicated.
The first half of this year saw the total gross gaming revenues fall 0.5 per cent year-on-year to some MOP149.5 million, with mass-market results rising to occupy about 52 per cent of the total.
According to the report, Sands China held a 24.1 per cent market share in the first six months of 2019, an increase of 1.1 percentage points from the same period last year and with its total gaming revenues growing up 4.1 per cent to MOP35.9 billion (US$4.4 billion).
Meanwhile, Galaxy market share dropped 2.5 percentage points to 21.4 per cent, with the gaming group having recorded a 11.9 per cent drop in gaming revenues to some MOP31.9 billion.
Most of the Galaxy drop was due to a 24.8 per cent year-on-year fall in VIP revenues to MOP15.4 billion in the first half of this year, but with the gaming group headed by Lui Che-Woo still holding the largest VIP market share at 25.2 per cent.
Sands China also saw its VIP results contract, falling by 6.6 per cent to MOP9.9 billion, with the group holding the fourth position in terms of market share with 16.2 per cent.
After Galaxy, Wynn Macau accounted for 19.9 per cent of the VIP sector’s revenues, followed by Melco (17.4 per cent), Sands China (16.2 per cent), SJM (12.8 per cent) and MGM China (8.5 per cent).
However, Sands China was still king in terms of mass market, with a 29.5 per cent market share assisted by an 8.8 per cent year-on-year rise in mass results to some MOP26 billion.
In the mass arena, Sands was followed by Galaxy (18.7 per cent), SJM (15.3 per cent), Melco (14.6 per cent), Wynn (12.2 per cent) and MGM (9.7 per cent).
Categoría:Gaming
Tags: Sin tags
País: Macao
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