Two factors produced the biggest smiles for investors in Las Vegas casino publicly traded companies as they pored over their earnings reports this quarter. Their companies either had a connection to Macau or are delivering — or are on the verge of delivering — real-money online poker. As the quarterly earnings season winds down, it is clear that the biggest winners this time were the companies that had a presence in Macau, and the bigger the presence, the bigger the score. Las Vegas Sands, Wynn Resorts and MGM Resorts International had good quarters, and, not surprisingly, all three are in…

From Business Week – In the gambling industry, everyone is watching Macau, the spit of land south of Hong Kong that is rapidly supplanting Las Vegas as the world’s gaming capital. But don’t count Vegas out just yet—some of the world’s high rollers in Macau appear to be curious about that famous Strip in the desert. Wynn Resorts (WYNN), Las Vegas Sands (LVS), and MGM Resorts International (MGM) have been expanding rapidly in the Chinese enclave, lured by the enormous opportunities of a large and growing middle class, plus wealthy gamblers. As the Macau business grows, American gambling companies have…