Macau gaming revenue tracks below expectations in October

On Oct. 12, Jefferies checks indicated October Macau gaming revenue was tracking 6%–10% below the prior year, versus market expectations for roughly flat growth. GGR averaged MOP729 million daily for the seven days ending Oct. 10, down 6% year over year; Macau had 1.14 million Golden Week visitors, up 15.5%. Sands China operates The Venetian Macao.