profits of Macau gaming companies during Q1 on a 20% gain in revenue. A higher mix of mass market traffic is helping to boost margins in the sector. Macau related stocks: MPEL , MGM , WYNN , LVS , OTCPK:GXYEF , OTCPK:SJMHF . 1 comment!
five-year chart below comparing the stock prices of Las Vegas Sands, Wynn Resorts ( WYNN ) and Melco Crown Entertainment ( MPEL ) and you'll see how powerful this growth trend has been. (click to enlarge) Almost all the earnings growth propelling these
than offset deceleration with the VIP segment. Goldman notes that the trend of some tightening by junket operators could continue this year. Macau related stocks: MPEL , MGM , WYNN , LVS , OTCPK:GXYEF , OTCPK:SJMHF Post your comment!
Melco Crown ( MPEL ) CEO Lawrence Ho says the company is ready to dive into the Japanese market if the government relaxes its ban on casinos. Ho
March. Wells Fargo estimates revenue is trending in a low to mid-teens rate. The mass market segment continues to drive most of the gains in Macau. Related stocks: MPEL , MGM , WYNN , LVS , OTCPK:GXYEF , OTCPK:SJMHF Post your comment!
Coordination Bureau. Analysts had set their forecasts just a bit higher for the month. YTD gaming revenue is up 19.8% in the region. Macau-related stocks: MPEL , MGM , WYNN , LVS , OTCPK:GXYEF , OTCPK:SJMHF . Post your comment!
Shares of Melco Crown ( MPEL +4.3% ) start the week off on a rush to recover the ground lost last week. In the filing on Friday in Hong Kong, the company
Macau point to growth numbers for March below expectations. Decliners: Galaxy Entertainment ( OTCPK:GXYEF ) -5.0% , Melco Crown ( MPEL ) -2.7% , Wynn Resorts ( WYNN ) -1.8% , Las Vegas Sands ( LVS ) -1.8% . Post your comment!
estimates for Sterne Agee. The investment firm now sees growth of 14% for the month, compared to its prior forecast of 17%-18% growth. Macau-related stocks: MPEL , MGM , WYNN , LVS , OTCPK:GXYEF , OTCPK:SJMHF . Post your comment!
By The Growth Investor : I'm betting big on Las Vegas Sands ( LVS ) to deliver continued growth and earnings that will reward shareholders. Las Vegas Sands owns many iconic luxury resorts on the Las Vegas Strip: The Venetian and The Palazzo Las Vegas, the future growth is all about Asia. In Asia,