Macau Gambling Revenue Jumps, Lifting Vegas Casinos

From Investors – Shares of Las Vegas-based casinos rose Monday after a report that table gambling revenue in Macau for July is on track to climb 19% from the same month a year ago. Sterne Agee said it expects gross gambling revenue take for Vegas casinos Las Vegas Sands (LVS), MGM Resorts International (MGM) and Wynn Resorts (WYNN), and the three Hong Kong casinos with operations in Macau, to total $3.68 billion. That would continue a hot streak for Macau, the world’s largest and fastest-growing casino gambling locale. The report comes on the heels of an upbeat report last week for…