- Macau's Gaming Inspection and Coordination Bureau issues a breakdown of Q2 gaming revenue.
- The previously-reported 13.3 Y/Y drop in total revenue included a 4.8% drop in the mass-market segment.
- VIP baccarat fell 19.3% to follow on last year's 42% decline.
- VIP play fell to 42% of all casino revenue, compared to 58% last year.
- A category with positive growth was live multi game (electronic tables w/live dealer), up 1.9% Y/Y.
- Analysts are quick to note that some of the comparisons are skewed by the reclassification of many tables to adjust to smoking regulations.
- Macau casino stocks: Wynn Macau (OTCPK:WYNMF, OTCPK:WYNMY), Sands China (OTCPK:SCHYY, OTCPK:SCHYF), MGM China (OTCPK:MCHVF, OTCPK:MCHVY), Galaxy Entertainment (OTCPK:GXYEF), SJM Holdings (OTCPK:SJMHF, OTCPK:SJMHY), Melco Crown (MPEL).