Zhi Tong Cai Jing·2025-10-15 10:12Group 1 - The core viewpoint of the article indicates that total gaming revenue for the first 12 days of October decreased by 5% year-on-year, which is lower than expected, while the revenue for the first 5 days of the month increased by 3% year-on-year [1] - Goldman Sachs believes that the recent positive trend in gaming revenue has reversed, but it is too early to make definitive statements due to factors such as typhoons and overseas travel [1] - The firm slightly lowered its gaming revenue forecast for the year to an 8% year-on-year increase, while maintaining a positive outlook on Sands China (01928) and Galaxy Entertainment (00027), both rated as "Buy" [1] Group 2 - Expectations for Wynn Macau (01128) indicate that its third-quarter performance will exceed expectations, potentially providing positive momentum for its stock price in the short term [1]