NEW YORK (TheStreet) -- Macau gaming revenue surged 42% to $2.2 billion, as tourism continues to bustle in China. More on LVS Stocks in 2011 to Get 'Full Support' From FedPrudent Bear Fund, 5 Star Stock Picks, "econoMyths", Taleo CEO10 Best-Performing S&P 500 Stocks of 2010Market Activity Wynn Resorts Ltd.| WYNN DOWNLas Vegas Sands Inc.| LVS DOWNMGM Resorts International| MGM DOWNBy market share: SJM held 32.1% of the revenue, Las Vegas Sands(LVS_) 14.8%, Melco Crown Entertainment(MPEL_) 14.7%, Wynn Resorts(WYNN_) 17%, MGM Resorts(MGM_) 11.2% and Galaxy 10.2%. Looking ahead, Wells Fargo analyst Carlo Santarelli is forecasting a 38.6% jump in Macau gaming revenue in December.
These analyst at wells Fargo are amazing when they put such accurate figures as December numbers to rise in revenue so accurate as 38.6 percent for the month year over year ... They should also post where they are coming up with and basing them numbers from, I also saw recently that 2011 revenues would increase by 10.8 percent yoy What the hell do they base it on, usually these guys are way off the mark.