Golden Week underway<\/a>, resorts are clamoring for the guests with the deepest pockets. “Based on our conversations with junket operators over the past week, as well as similar casino operator commentary, October’s Golden Week holiday is shaping up to be exceptionally strong,” Union Gaming analyst Grant Govertsen said in a note.<\/strong><\/p>\n<\/blockquote>\nThe weather might keep visitors inside their respective resorts, as rain is in the forecast the entire week. That could be good for keeping seats on the casino floor occupied.<\/p>\n
The Macau Tourism Office estimates that 1.2 million travelers will descend on Macau during the October 1-8 holiday. Industry analysts are hoping that the 2017 Golden Week is the best since 2014.<\/p>\n
For October, Union Gaming is forecasting GGR to come in at just under $3 billion, which would mark Macau’s highest single month since November of 2014. To highlight just how far south gaming went during Jinping’s crusade, the lowest monthly total in 2013 was $3.33 billion, and the highest was more than $4.5 billion.\u00a0 \u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"Macau casinos generated $2.66 billion in gaming win during September, a 16.1 percent increase compared to the same month in 2016. Financial analysts had anticipated a gain of between 11 percent and 17 percent. The official data from the city’s gaming regulator shows that Macau casinos were able to quickly bounce back from two deadly […]<\/p>\n","protected":false},"author":42,"featured_media":59888,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,18],"tags":[],"acf":[],"yoast_head":"\n
Macau Casinos Extend Winning Streak, September Earnings Jump<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n