[ET Net News Agency, 4 November 2019] Citi Research said Macau's GGR in October of
MOP26.4bn was slightly better than its expectation. The daily run-rate for the last 11
days of the month was MOP713m (-17% lower than the MOP857m in the week prior). Citi
believes this was largely due to some unfavorable luck at VIP (as one junket experienced
some extremely low hold over the past few days).
The research house estimated that VIP GGR fell 20% while Mass GGR rose around mid-teens
in October. Sands, MGM and MLCO reportedly gained share at the expense of the others.
Citi expects Macau to generate GGR of MOP23bn in November, down 8%. (KL)