Our Oct GGR forecast revised to $24.5-25.5BN, representing 34-39% YoY growth.
Macau slowed considerably this past week which is to be expected following Golden Week. Average daily table revenues fell to HK$553 million this past week versus HK$1,085 million during the first 10 days. We are unsure yet if hold played any role. Our full month GGR October forecast is now HK$24.5-25.5 billion, which would represent YoY growth of 34-39%.
No unusual market share moves this week other than Galaxy giving up some of its share and MGM gaining. However, overall market shares look consistent with recent trends.