Nomura: Growth in Macau just getting started

• A new report from Nomura brimming with optimism over growth in Macau is helping to give a boost to the sector.
• The investment firm calls the Macau market (7X Vegas) "under-penetrated" and calls out the potential for it to grow to $80B from $45B.
• A market is mature with a penetration rate of ~25%, says Nomura. Bulls take note: Macau sits with a China penetration rate of about 1.4%-2.1% at the moment.
• Gainers: Melco Crown (MPEL) +4.1%, Las Vegas Sands (NYSE:LVS) +2.3%, Wynn Resorts (NASDAQ:WYNN) +1.1%, MGM Resorts (NYSE:MGM) +2.2%, Galaxy Entertainment (OTCPK:GXYEY) +5.1%.