Deutsche Bank Publishes Gaming Industry Update

Following Golden Week, Deutsche Bank has published an industry update stating, “Table revenue through the first 9 days of October, which included the Golden Week period, is averaging HKD 1.21 bn per day. The result is up ~40% from the same period last year. Assuming the normal slowdown post Golden Week, we continue to expect monthly revenue to break a record and surpass the 25 billion pataca mark”.

Companies included in the Deutsche Bank report are: The J.M. Smucker Company (NYSE: SJM), Las Vegas Sands (NYSE: LVS), Wynn Resorts (NASDAQ: WYNN), Melco Crown Entertainment (NASDAQ: MPEL), MGM Resort International (NYSE: MGM)