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“Don’t Bet On Vegas. Not When China is on a Hot Streak” Investors who are betting on a comeback in Las Vegas should consider putting their chips on the other side of the Pacific. Macau has just confirmed reports that it has almost doubled its in gambling revenues. By comparison, Las Vegas is still straining [...]
Posted by Jim Trippon on Saturday, June 5, 2010 at 1:04 am
Filed under China Economy, China Market Commentary, Featured, Gaming, Hong Kong Market News, News by Sector · Tagged Deutsche Bank’s Hong Kong, Galaxy Entertainment Group (HKG: 0027), Las Vegas Sands (LVS), Macau’s casinos, Melco Crown Entertainment (MPEL), SJM Holdings (HKG: 0880), Stanley Ho, Wynn Resorts (WYNN)