{"id":777033338,"date":"2025-10-20T08:29:55","date_gmt":"2025-10-20T11:29:55","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777033338"},"modified":"2026-04-21T18:02:55","modified_gmt":"2026-04-21T21:02:55","slug":"jp-morgan-sees-surprising-gaming-rebound-after-october-golden-week","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/jp-morgan-sees-surprising-gaming-rebound-after-october-golden-week","title":{"rendered":"JP Morgan sees unexpected gaming revenue rise after Macau’s October Golden Week"},"content":{"rendered":"\n

Analysts say average daily GGR rose last week.<\/p>\n\n\n\n\n\n\n\n

Macau.- JP Morgan predicts that Macau\u2019s gross gaming revenue (GGR) for the first 19 days of October was at MOP14.85bn (US$1.85bn). According to the analysts, the figure implies that last week\u2019s GGR reached around MOP743m (US$92.9m) per day, a 25 per cent increase from MOP593m (US$74.1m) per day in the previous week.<\/p>\n\n\n\n

JP Morgan said the figure was a \u201csurprising rebound\u201d after the October Golden Week holiday period, which analysts have described as \u201cnot so golden<\/a> amid weather-related disruptions due to Typhoon Matmo and a softer mass market due to the timing of the holiday period, which began on October 6 rather than in September. Another potential factor mentioned was the loss of high-end players attending the Formula One Singapore Grand Prix.<\/p>\n\n\n\n

\u201cWe continue to think the weak Golden Week performance was a blip rather than a trend, probably due to the typhoon and the timing of the mid-autumn festival, as well as F1 Singapore, all happening during the Golden Week holiday,\u201d analysts said.<\/p>\n\n\n\n

They added: \u201cWe\u2019ve adjusted October GGR to plus 3 per cent to 6 per cent year-on-year after the Golden Week, but this probably carries upside risks now given such a strong \u2013 and unexpected \u2013 rebound last week.\u201d<\/p>\n\n\n\n

The Public Security Police Force (CPSP) said that Macau received 1.14 million visitor arrivals during October\u2019s Golden Week, which ran from October 1 to 8, slightly below the forecast of 1.2 million. The average daily number of visitors stood at around 143,000 visitors, behind the forecast of 150,000<\/a>.
<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> Macau to see strong October GGR despite soft Golden Week, Seaport says<\/a>\n\t\t\t\t<\/p>\n<\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

Analysts say average daily GGR rose last week.<\/p>\n","protected":false},"author":226,"featured_media":26764,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"JP Morgan reports Macau's GGR for the first 19 days of October reached MOP14.85bn, with a surprising 25% daily GGR rebound last week to MOP743m. This recovery follows a weaker Golden Week, attributed to Typhoon Matmo, holiday timing, and the F1 Singapore Grand Prix, suggesting the initial dip was a temporary blip rather than a sustained trend.","focusai_entities":"JP Morgan, Public Security Police Force (CPSP)","focusai_location":"Macau, Singapore","focusai_target_profile":"ceo_executive (1.0), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"GGR Outlook Revisions?","query":"Given the unexpected rebound, what specific factors are driving JP Morgan's revised October GGR forecast to \"plus 3 per cent to 6 per cent year-on-year,\" and what are the key upside risks identified?"},{"label":"Mass Market Recovery?","query":"Beyond the Golden Week disruptions, what is the underlying trend in Macau's mass market segment, and how is it projected to perform in Q4, especially considering the shift in holiday timing?"}],"footnotes":""},"categories":[28,16338],"tags":[229,23908,257],"class_list":["post-777033338","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","tag-gambling","tag-gaming-regulation","tag-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777033338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777033338"}],"version-history":[{"count":7,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777033338\/revisions"}],"predecessor-version":[{"id":777033360,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777033338\/revisions\/777033360"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26764"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777033338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777033338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777033338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}