Gaming Stocks Higher as Macao Nov. Revs Show Improvement (LVS) (WYNN) (MGM)

Casino stocks are in positive territory today amid a mid-month check on Macao revs offered earlier.

Sterne Agee's David Bain said Macao gaming revs for November are trending higher, up about 24.9 billion patacas, or 8 percent at last check. Bain was modeling gains of 6 percent for the month.

Table gaming revs are at 14.6 billion patacas for the month.

Wells Fargo is also getting in the "game," now expecting Macao revs to rise 7 percent to 9 percent, from a range of 6 percent to 8 percent prior. Wells' checks have month-to-date revs up 11 percent.

Notably, there is only one weekend left in November. Higher on the session are Las Vegas Sands (NYSE: LVS), Wynn Resorts (Nasdaq: WYNN), MGM International (NYSE: MGM), and Melco Crown (Nasdaq: MPEL).

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