• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Thursday 21 August 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

Bright Galaxy?

Newsdesk by Newsdesk
Wed 25 Feb 2009 at 16:00
How to set up for IR success

The flagship property of Galaxy Entertainment Group, Galaxy Macau.

Print Friendly, PDF & Email

One month doesn’t make a trend, but it appears Galaxy Entertainment Group’s table win numbers are moving in the right direction—probably chiefly at the expense of Crown Macau.

Normally market share numbers for Macau include slots, so table win numbers alone (and unofficial figures at that) aren’t the whole story. It would certainly be unfair for Asian Gaming Intelligence to misrepresent the performance of those operators who are particularly strong in slots.

Nevertheless, with all those caveats and one more (i.e., if early returns to Macau’s gaming regulator are accurate), it seems that in February (up to the 20th) Galaxy’s win on VIP and mass market table games was 660 million patacas. That’s 13.9 percent of the table market and more than a third up on the 10 percent market share (including slots) estimated by Goldman Sachs Research for last year.

By comparison, Crown Macau managed table win of MOP360 million in the same February 2009 period (a 7.6 percent share). In the first half of 2008 Crown Macau managed to grab around 20 percent of the entire VIP table market in Macau. In 2008 as a whole, across all products, Melco Crown Entertainment (including the slots at Mocha Clubs) managed a 14 percent share, based on the 2008 estimates compiled recently by GS Research.

SJM’s table win in the first three weeks of February 2009 was MOP1.4 billion (a 29.5 percent share of the table market), compared to the estimated 28 percent total market share recorded in the whole of 2008.

Las Vegas Sands Corp.’s table win in the relevant February period was unofficially measured at MOP1.25 billion (a 26.3 percent table market share). Goldman Sachs estimated LVS’s share of the entire market in 2008 at 26 percent.

Wynn seems to have grabbed share, recording table win of MOP790 million up to 20th February (a 16.6 percent share of the table market), compared to a GS Research estimate of 13 percent of gross gaming revenues in 2008.

MGM Grand Macau, the joint venture between MGM MIRAGE and Pansy Ho, also seems to have slipped back a little, with the unofficial table win data recording MOP290 million. This is a 6.1 percent table market share, compared to the 8 percent share for the entire market in 2008 as estimated by Goldman Sachs.

RelatedPosts

Galaxy Macau to host 2025 Annual Conference of the FIA – world motorsport’s governing body

Analysts expect Galaxy Entertainment Group to further increase dividend payouts in future due to strong cash position

Thu 14 Aug 2025 at 06:04
Ten Years Ago – Political designs

GEG revenue up 10% to US$1.53 billion in 2Q25 as concerts deliver all-time single day footfall record at Galaxy Macau

Tue 12 Aug 2025 at 15:00
Galaxy unveils Capella at Galaxy Macau as newest hotel brand, to open mid-2025

Capella at Galaxy Macau officially soft launches for Galaxy’s “most distinguished VIPs”

Tue 12 Aug 2025 at 05:54
Francis Lui: Galaxy planning to build new, boutique hotel at Galaxy Macau

Galaxy Macau’s Phase 4 hotels no longer deemed “under construction” by Land and Urban Construction Bureau

Tue 29 Jul 2025 at 18:40
Load More
Tags: Galaxy Entertainment GroupMacau Gaming Revenues
Share1Share
Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial – Better late than never

Editorial – Better late than never

by Ben Blaschke
Thu 31 Jul 2025 at 07:13

Inside Asian Gaming has in recent weeks been hearing increasing chatter around a possible move by Vietnamese authorities to introduce...

Angel’s Yasushi Shigeta

Angel’s Yasushi Shigeta

by Ben Blaschke
Thu 31 Jul 2025 at 07:08

Yasushi Shigeta, Chairman and owner of one of the world’s largest gaming industry suppliers, Angel Group, sits down with Inside...

The Magic Number

The Magic Number

by David Bonnet
Thu 31 Jul 2025 at 06:41

In this in-depth deep dive into the evolution of the Asian gaming landscape, David Bonnet argues that many regional jurisdictions...

Rashid Suliman – A road well traveled

Rashid Suliman – A road well traveled

by Ben Blaschke
Thu 31 Jul 2025 at 02:45

Rashid Suliman, Vice President of Global Gaming Asia-Pacific for casino solutions provider TransAct Technologies, provides some insight into his unique...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
HKUST
NWR

Related Posts

PAGCOR chair Tengco says transactions on licensed online gambling sites down 50% since ban on e-wallet links

PAGCOR chair Tengco says transactions on licensed online gambling sites down 50% since ban on e-wallet links

by Newsdesk
Thu 21 Aug 2025 at 05:35

PAGCOR Chairman and CEO Alejandro Tengco told a Senate hearing into the Philippines’ domestic online gaming, or eGames, sector that online gaming transactions on licensed platforms had dropped by around 50% since an order to remove gambling-related links from e-wallets...

Death by a thousand cuts

SkyCity announces US$140 million equity raising on continued economic weakness, lower customer spend

by Ben Blaschke
Thu 21 Aug 2025 at 05:11

New Zealand’s SkyCity Entertainment Group has announced a series of balance sheet initiatives aimed at boosting liquidity and reducing leverage while it “navigates period of continued economic weakness” in the ANZ market. The NZ$240 million (US$140 million) equity raising, which...

Comtrade Gaming strengthens Brazilian presence with Betaki partnership

Comtrade Gaming strengthens Brazilian presence with Betaki partnership

by Newsdesk
Thu 21 Aug 2025 at 04:40

Comtrade Gaming, a leading iGaming platform provider, has announced its latest partnership with Betaki, a dynamic online sports betting platform in Brazil. The company said the collaboration marks a significant milestone as Betaki successfully migrates to Comtrade Gaming’s iCore platform....

Wynn Macau to invest MOP$16.5 billion in non-gaming projects over the next decade

Wynn Macau Ltd said to be “setting a progressive dividend policy” after maintaining dividend payout in 1H25

by Ben Blaschke
Wed 20 Aug 2025 at 21:28

Wynn Macau Ltd has surprised to the upside by declaring an interim dividend of HK$0.185 per share for 1H25 – on par with its 1H24 final dividend despite reporting a year-on-year decline in both operating revenues and profit. In a...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • English