Macau October gaming revenue estimates

Sterne Agee has raised its estimate for October gross gaming revenue and expects an increase of 27 percent year-on-year to 35.2 billion patacas. The forecast is based on table-only GGR of 24.8 billion through to Oct. 20. Month-to-date SJM has the biggest market share at 26.4 percent, up from 25 percent in September, Galaxy rises to 20.9 percent from 19 percent, LVS stands at 18.9 percent, down from 22 percent and Melco Crown is stable at 14.1 percent.