Sterne Agee warns revenue in Macau may only grow 1% in February instead of the double-digit pace expected by some analysts, although its keeps a positive stance on the Macau gaming sector for the long term. A crackdown on the VIP segment may only be a blip on the radar, according to the firm. Gaming companies with ties to the region are down premarket as initial reports on Chinese New Year gaming activity are disappointing. MPEL -2.2%, WYNN -1.8%, LVS -2.2%.
Sterne Agee warns revenue in Macau may only grow 1% in February instead of the double-digit pace...
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