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Macau Results can be quite a Mixed Bag As las vegas Sands (LVS) lets off its Q3 2012 earnings on November 1, Its running in the Asian market will be in focus. The company has a strong presence in this area with almost 75% of its valuation coming from hotel and casino businesses in Macau and Singapore. Given the recent slowdown in the Chinese economy and slightly soft outcomes of competitor Wynn Resorts (WYNN) while in Macau, We expect Las Vegas Sands Q3 results could be questioned. for the, The company stronger foothold and gratifaction compared to its competitors in Macau will be a supporting factor against easing economic growth in China. The Macau business constitutes roughly 55% to Las Vegas Sands value as per our estimates. about the, The Macau gaming marketplace is VIP centric. a lot the revenue comes from high rollers or cheap handbags replica VIPs, marketing for about 70% of Macau total gaming revenue. [1] This section has suffered softness because of slowdown in China economic growth as evident from the recently released Wynn Resorts earnings results. China financial system grew by only 7.4% appearing in Q3 2012, Marking the seventh consecutive quarter of economic slowdown. [2] though, Las Vegas Sands has started to pinpoint the mass market in Macau with its Sands Cotai Central resort that opened in April 2012. The mass market presents a good venture for Las Vegas Sands. while your casino earns less than 3% of the VIP table drop as its revenue, The mass market table games generate around 30% on the table drop as revenue. on top of that, While the VIP market is quite vulnerable and down knockoff chanel handbags to the economy, The store bought has been cheap chanel nappa handbags growing steadily. in simple terms, The Macau results for Las Vegas Sands will be a mixed bag impacted by the weakness in the VIP gaming segment and growth in the mass market segment. Investors should also watching more color on the company expansion plans in Asia, Especially the philipines. Geographic diversity will make it less vulnerable to local economic headwinds in certain regions. Our price estimate for sin city Sands stands at $50, Implying a premium of roughly 10% to the monatary amount.