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Galaxy, LVS biggest gainers in first days of Feb, UBS says

Galaxy Entertainment and Las Vegas Sands saw gains in their market share in the first nine days of February, while the other main concessionaires were either flat or slipped, according to a note from UBS. The firm emphasizes that hold-related issues can have a significant impact on market share in the short term, however Galaxy seems to have seen its market share rise to 22.3 percent compared with an estimated 2013 share of 18.6 percent. LVS gained to 25.3 percent from 21.7 percent, while SJM  Holdings dropped to 20.9 percent from 24.7 percent. MGM Resorts fell to 8.5 percent from 10 percent and Wynn Resorts was unchanged at 11 percent. Melco Crown edged down to 12 percent from its 13 percent 2013 share.

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

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