Japanese credit debt watcher Nomura is predicting significant gains for Macau-based casino operators MGM China Holdings Ltd, Melco Resorts and Entertainment Ltd and Wynn Macau in the third quarter of 2017.

Nomura made such commentary ahead of the next week’s market call when most of gaming operators release their third quarter revenue report, according to GGRAsia.

In a note on Thursday, Nomura said these three casino operators will have positive third quarter earnings as it has taken into account Macau’s gross gaming revenue for July to September 2017 period, which is up 22 percent.

Nomura said that Wynn Macau Ltd has likely cornered the biggest VIP revenue last quarter, gaining 60 basis points judged quarter-on-quarter while notching an earnings before interest, taxation, depreciation and amortization (EBITDA) of US$305 million.