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Macau’s Golden Week shines as analysts point to “billion-dollar week”

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Regulation

2024-10-07

Macau’s Golden Week shines as analysts point to “billion-dollar week”

Macau’s gaming operators averaged daily gaming revenues of more than MOP$1 billion during the first six days of the Golden Week holiday, only slightly lower than during the same period in 2019 and 30% higher than in 2023, analysts have revealed.

In a note, JP Morgan’s DS Kim, Mufan Shi and Selina Li said that total GGR for the six days from 1 to 6 October reached MOP$6.5 billion (US$812 million) at an average of MOP$1.08 billion (US$135 million) per day.

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