Zhi Tong Cai Jing·2025-10-15 10:03Core Viewpoint - Goldman Sachs reports a 5% year-on-year decrease in total gaming revenue for the first 12 days of October, which is lower than expected, while the first 5 days of the month showed a 3% year-on-year increase [1] Group 1: Gaming Revenue Trends - The recent positive trend in gaming revenue is considered premature to declare as reversed, influenced by factors such as typhoons and overseas travel [1] - The year-on-year comparison basis for November, December, and February next year remains favorable [1] Group 2: Revenue Forecasts and Company Ratings - The gaming revenue forecast for this year has been slightly adjusted to an 8% year-on-year growth, with a positive outlook for Sands China (01928) and Galaxy Entertainment (00027), both rated as "Buy" [1] - Wynn Macau (01128) is expected to exceed third-quarter performance expectations, potentially providing positive momentum for its stock price in the short term [1]