Inside Asian Gaming

12 casino-hotels and tourist attractions. This is essential for the enclave to support further visitor growth Looming supply By 2010, we project the number of gam- ing tables will be over 3x the current level. LVS is the most aggressive in adding capacity, with the majority of the new tables in Cotai at Venetian Macau and the six partner sites. Melco PBL Entertainment is also expanding fast with over 1,400 tables at its four new properties.The other license holders are add- ing roughly 400-800 tables each over the period. By end-2010, LVS should have around 35% of the gaming positions in Macau. We are less concerned about industry supply than market share competition. We view most of the new supply as high-quality products, which should help expand the market, rather than simply cannibalizing the existing properties. The DB Macau Conference will be held at Venetian Macao on Friday, September 21. Eigh- teen gaming and property companies from Asia, Australia and the US, will conduct presen- tations and/or 1-on-1 meetings.This will be fol- lowed by a casino tour in the afternoon, and a Venetian-themed Masquerade in the evening. A Macau property tour is an optional add-on for Saturday morning. Source: Deutsche Bank Source: Deutsche Bank Pipeline of infrastructure projects Macau gaming supply forecast by concessionaire