Macau gaming revenue is trending 6%-8% higher than last year's mark, according to Wells Fargo,...

|By:, SA News Editor

Macau gaming revenue is trending 6%-8% higher than last year's mark, according to Wells Fargo, although the firm warns it still sees revenue up just 5% for Q4 as a whole. Will 5% cut it? Gaming stocks with operations in Macau such as Wynn Resorts (WYNN -0.7%), Las Vegas Sands (LVS -0.4%), Melcro Crown (MPEL -0.1%), and MGM Resorts (MGM -2.5%) are viewed to be priced with accelerating growth rates from the former Portuguese colony factored in.