Early reads on Golden Week in China

The crowds at casinos (MPEL, MGM, WYNN, LVS, GXYEF, SJMHF) in Macau during Golden Week continue to impress, according to analysts.

The May Day period is a national holiday in China.

The positive read for May traffic at casinos follows up on a 10.6% gain in gaming revenue in the region for April.

Early channel checks for the luxury sector haven't been quite as rosy. Mainland shoppers' demand for luxury goods is seen as lighter than a year ago.

China luxury sellers: Gucci (GUCG), Prada, Louis Vuitton (LVMUY), Coach (COH), Ralph Lauren (RL), Michael Kors (KORS), Swatch (SWGAY), Burberry (BURBY), Tiffany (TIF).

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Comments (2)
  • Hillbilly Stock Star
    , contributor
    Comments (746) | Send Message
    $MALDF too! ,...http://bit.ly/1g3DQCJ
    5 May 2014, 06:59 PM Reply Like
  • spokanimal
    , contributor
    Comments (266) | Send Message
    We should see the first, meaningful, channel checks on Golden Week crowds in macau within a few days.


    The #1, Las Vegas Sands Message Board where you usually first see these things is at:




    Unlike other message boards, freeforums is very informative, and policed for the riff-raff that is so common on other message boards.
    6 May 2014, 04:35 PM Reply Like
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