Macau’s gross gaming revenues fell by an estimated 39% to around MOP$514 million (US$64.1 million) per day in the week to 20 October, down from MOP$846 million (US$106 million) per day during the first two weeks of the month according to channel checks by JP Morgan analysts.
The decline was not unexpected however, coming off a high base due to the impact of the National Day Golden Week holiday from 1 to 7 October.
Total GGR for the first 20 days of October combined now sits at MOP$14.6 billion (US$1.82 billion) or MOP$730 million (US$91.1 million) per day – suggesting final October GGR should come in at around MOP$21 billion (US$ 2.62 billion) or MOP$670 million (US$83.6 million) per day to comfortably beat consensus (MOP$20 billion).
