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NEW YORK (

TheStreet

) --

Las Vegas Sands

(LVS) - Get Las Vegas Sands Corp. Report

is seeing shares spike Thursday after an analyst upped its earnings forecast.

BMO Capital Markets analyst Jeffrey Logsdon said Las Vegas Sands' Macau properties will boost results going forward. In September,

Macau reported a 53% surge in gaming revenue

.

As a result, Logsdon now foresees a loss of a penny for the full-year period, compared with a prior forecast of a loss of 6 cents. He also lifted his 2010 estimate to 30 cents a share from 28 cents, and increased 2011 guidance to 70 cents a share from 66 cents.

Shares of the company shot up 6.5% to $18.48 in morning trading.

Las Vegas Sands properties include the Sands Macao and Venetian Macau.

Logsdon also reaffirmed his outperform rating on the stock.

Both Las Vegas Sands and

Wynn Resorts

TheStreet Recommends

(WYNN) - Get Wynn Resorts, Limited Report

are in the process of initial public offerings of some of their Macau assets.

Wynn was upgraded last week to buy from hold by Soleil Securities analyst Jake Fuller. Fuller expressed similar optimism toward Macau and the casino operators opening of Encore Macau mid-2010.

Shares of Wynn also received a boost, climbing 4.5% to $70.33.

MGM Mirage

(MGM) - Get MGM Resorts International Report

is increasing 4.6% to $12.44 and

Isle of Capri Casinos

(ISLE)

is up 2.4% to $11.40.

-- Reported by Jeanine Poggi in New York

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