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Wells Fargo Discusses N-T Implications For Macau Gaming Sector
Friday, June 20, 2014 - 4:46pm | 270Wells Fargo analyst Cameron McKnight commented on the volatility in Macau in regards to the gaming sector. The analyst reiterated Outperform ratings, noting the probable 10 percent near-term downside risk for Las Vegas Sands (NYSE: LVS) and Wynn Resorts (NASDAQ: WYNN). Learning from Past...
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Wells Fargo Lowers June Macau Revenue Growth Amid World Cup
Monday, June 16, 2014 - 3:29pm | 101Wells Fargo analyst Cameron McKnight lowered June Macau gaming revenue growth following recent checks. McKnight lowered June Macau gaming revenue growth from +1-5 percent to the range of unchanged to down two percent. The analyst expects the level of play for the rest of June “to trend at...
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Wells Fargo Macau Outlook
Monday, June 9, 2014 - 10:15am | 139Wells Fargo analyst Cameron McKnight has cut back on some of his previous Macau estimates. The following are a few highlights on his and other analysts' outlook for Macau. Wells Fargo Revenue growth estimate one to five percent vs. 6.5 percent prior. Level of play for the rest of...
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Wells Fargo Reports Macau Gaming Revenue Is Trending Lower
Monday, May 19, 2014 - 10:57am | 211According to Wells Fargo analyst Cameron McKnight, Macau gaming revenue in May is trending lower. McKnight sees Macau gaming revenue trending between 10 and 14 percent year-over-year, versus the prior estimate of 14 to 16 percent in May growth. The analyst will meet with senior management and...