Tech Support

Technical support issues

Global Research and Evidence Lab at UBS

MGM China has gained the most market share in January, with its casino share increasing from 17.5 percent in December 2023 to 20 percent in January 2024, according to UBS.

In an investment note from the Global Research and Evidence Lab at UBS, analysts note that Macau’s mass and VIP gross gaming revenue (GGR) daily run rates were up 2 percent and 21 percent respectively, compared to 4Q23E, in January.

“MGM and Wynn gained market share in January at the expense of Sands, Galaxy, Melco, and SJM, in line with MGM’s management commentary.”

MGM was the biggest market share gainer, with a 20 percent market share in January, partly due to more events and positive luck in the VIP segment.

Wynn Macau has gained 0.5 percentage points in casino share, reaching 14 percent.

Sands and Galaxy emerged as the biggest market share donors, losing 1.2 percentage points of market share in January compared to 4Q23E. UBS says they remain positive in the sector and prefer MGM and Galaxy as sector top picks.

Even though Sands lost market share, as per the provided data, Sands China still holds the position of market share leader, with 24 percent.

SJM, a Macau gaming legacy, remains at the bottom with a market share of 12 percent. Melco experienced a decrease of 0.5 percentage points in casino share in January, resulting in a 13.5 percent market share.
바카라사이트 순위 Send private email
Friday, February 23, 2024
Appreciate it! Lots of write ups.  Feel free to visit my page;
home loans in hartford Send private email
Tuesday, February 27, 2024
Powered by FogBugz