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 SJM, Las Vegas Sands LVS, Wynn Resorts WYNN, Melco Crown Entertainment MPEL, MGM Resort International MGM