Las Vegas Sands (NYSE:LVS), Wynn Resorts (Nasdaq:WYNN), MGM Resorts (NYSE:MGM) Sales Estimates Raised

Citing measurable improvements in the VIP segment, along with gross gaming sales in Macau in 2011 estimated to rise, UBS (NYSE:UBS) raised their sales estimates on Las Vegas Sands (NYSE:LVS), Wynn Resorts (Nasdaq:WYNN) and MGM Resorts (NYSE:MGM).

For Las Vegas Sands, UBS increased its sales estimate for full year 2011 in Macau from $4.9 billion to $5.2 billion. UBS also maintains their "Neutral" rating on Las Vegas Sands, which was trading at $50.31, falling $0.19, or 0.38 percent as of 12:25 PM EST. UBS has a price target on them of $55, increasing it from $52.

For MGM, the sales estimate for Macau sales was increased from $1.66 billion to $1.86 billion for full year 2010, for full year 2011 from $1.84 billion to $3 billion, and for full year 2010 from $2 billion to $3.3 billion.

MGM was trading at $12.23, down slightly by $0.03, or 0.24 percent. UBS increased their price target on them from $12 to $13.

Wynn had their full year sales estimate for 2011 raised by UBS from $3.7 billion to $3.8 billion and for 2012 from $3.9 billion to $4.1 billion.

They maintain a "Buy" rating on Wynn, which was trading at $101.72, down $0.51, or 0.50 percent. UBS has a price target of $133 on them, raising it from $129.