Casino table revenues hit $1.03b per day in 10-15 December

It's a 9% jump from previous period.

According to Barclays, average table revenues were stronger at HK$1.03bn per day for 10-15 December. This was +9% compared to the previous period 1-9 Dec at HK$947 mn a day; and is only slightly lower than the average daily table revenues of HK$1.10bn in October.

Adding in HK$1.3bn slot GGR assumption, the current table run rates imply that December overall GGR would be at HK$31.7bn, just +16% y/y.

Here's more from Barclays:

However, we continue to expect average daily table revenues to stay strong closer to the December holiday period. If we assume the HK$1.03 bn run rate continues for rest of the month, December could see +18.5% GGR growth; and full year 2013 would be at +18.6% y/y growth.

Table-only market share data for 1-15 Dec (Dec MTD): Wynn and Galaxy market share normalized with a lower hold rate during the 10-15 Dec period. SJM had a strong 10-15 Dec period, and MGM and Sands China also saw some market share gains.