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Las Vegas Sands Corp. Message Board

  • wefwfo wefwfo Mar 12, 2013 1:43 AM Flag

    Gaming heading towards new monthly record - analyst

    Read into it as you will.

    Macau gaming is off to a strong start in March said Sterne Agee’s analyst David Bain. According to Bain, Macau table-only gross gaming revenue (GGR) is MOP10.7 billion through March 10. Including slots, March’s full GGR run-rate is MOP34.4b, up 32 percent year-on-year. The firm is maintaining their 14 percent y-o-y growth estimate for March (MOP28.4b), and note their estimate calls for an all-time monthly record. The firm’s top Macau casino picks in the US markets remains Las Vegas Sands Corp. (NYSE: LVS) and Melco Crown Entertainment Limited (MPEL). Others “tradable” players in the sector are Wynn (Nasdaq: WYNN) and MGM (NYSE: MGM)

44.32-0.50(-1.12%)Nov 27 1:02 PMEST