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3rd month in a row of lower Macau gaming revenue

Sep. 02, 2014 10:20 AM ETLas Vegas Sands Corp. (LVS) StockLVS, MGM, WYNN, MLCO, SJMHF, GXYEFBy: Clark Schultz, SA News Editor11 Comments
  • Sands China (NYSE:LVS) took over the market share lead from SJM Holdings (OTCPK:SJMHF) in August as SJM's VIP business fell off, according to Macau Business Daily.
  • Overall, Macau gaming showed a 6.1% year-over-year decline in August to 28.9B patacas ($3.61B) due in part to an anti-corruption crackdown in the region which limited some junkets.
  • Macau August market share: Sands China 24.6%, SJM Holdings 22.4%, Galaxy Entertainment (OTCPK:GXYEF) 21%, Melco Crown (MPEL) 13%, Wynn Macau (NASDAQ:WYNN) 10.1%, MGM China (NYSE:MGM) 8.9%.

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