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.