Macau's October Gaming Revenue Recovers After Disappointing Golden Week
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 03 2025
0mins
Should l Buy LVS?
Source: SeekingAlpha
Macau Casino Revenue Surge: Macau's casinos reported a 15.9% increase in revenue for October, reaching MOP24.09B ($3.1B), surpassing analysts' expectations of an 11.7% rise, despite a challenging Golden Week affected by a typhoon and competing events in Singapore.
Impact of Typhoon and Events: The Golden Week was initially promising but was hindered by Typhoon Matmo and the Singapore Grand Prix, which diverted Chinese tourists, highlighting the challenges faced by the tourism sector during this period.
Resilience of Chinese Tourism: The rebound in casino revenue post-Golden Week reflects the resilience of the Chinese tourism industry and ongoing efforts to ease travel restrictions to Macau, indicating a potential recovery in the sector.
Future Prospects for Tourism: Upcoming sporting events in Hong Kong, Macau, and mainland China, such as NBA preseason games and the 15th National Games, are expected to further boost tourism and casino revenues in the region.
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Analyst Views on LVS
Wall Street analysts forecast LVS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LVS is 69.12 USD with a low forecast of 56.89 USD and a high forecast of 80.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
10 Buy
4 Hold
0 Sell
Moderate Buy
Current: 56.940
Low
56.89
Averages
69.12
High
80.00
Current: 56.940
Low
56.89
Averages
69.12
High
80.00
About LVS
Las Vegas Sands Corp. is a global developer and operator of destination properties (Integrated Resorts). The Integrated Resorts feature accommodations, gaming, entertainment and retail malls, convention and exhibition facilities, celebrity chef restaurants and other amenities. Its properties also cater to high-end players by providing them with luxury amenities and premium service levels. Its other amenities include luxury accommodations, restaurants, lounges, invitation-only clubs and private gaming salons. Its principal operating and developmental activities occur in two geographic areas: Macao and Singapore. In Macao, it owns The Venetian Macao Resort Hotel; The Londoner Macao; The Parisian Macao; The Plaza Macao and Four Seasons Macao, and Sands Macao. In Singapore, it owns Marina Bay Sands. It also has ferry operations. It owns and operates a collection of Integrated Resorts in the Macao Special Administrative Region of the People's Republic of China (PRC) through Sands China Ltd.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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