Nomura Instinet analyst Harry Curtis says his latest conversations with Macau operators Melco Resorts & Entertainment (MLCO), MGM Resorts (MGM) and Wynn Resorts (WYNN) paint a picture that is "vastly different" from the recent share selloff in the space. The analyst believes quarter-to-date trends through early September "remain strong." Operators have not seen any incremental weakness since reporting Q2 results, Curtis tells investors in a research note. Further, based on recent checks and conversations with management, he believes the strength that Wynn Resorts was seeing when it reported Q2 earnings on August 1 has not deteriorated. The analyst keeps a Buy rating on all three companies.

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