Macau Oct GGR Market Share Review:Oct Breakdown Disappointing

October’s market share breakdown suggests that Studio City has failed tocreate any meaningful impact on market share in the property’s first fivedays of operation (Fig.1). In fact, MPEL’s market share went down in Octas the minimal incremental GGR from Studio City was offset by the loss ofshare at other properties.

    Early results suggest that daily win per table at Studio City was ~US$5800(Fig. 1), which is even lower than the market’s low-end range of $7000