Macau's casino operators experienced a 7.8% share surge and record betting during China's October Golden Week, with total wagers up 81% YoY.

Macau's casino operators saw a significant surge in shares, driven by record betting during China's October Golden Week holiday. Major firms like Wynn Macau and Sands China reported increases of up to 7.8%. Total wagers reached HKD27.2 million, an 81% rise from last year, with premium mass player participation up 90%. Analysts expect a 6% year-over-year increase in gross gaming revenue for October, reflecting strong recovery and heightened visitor numbers, primarily from mainland China.

October 07, 2024
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