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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.  

POST GOLDEN WEEK BLUES - macau