"We remain as enthusiastic as ever about the fundamental story for Las Vegas Sands (LVS)," says Mike Cintolo.

The editor of Cabot Market Letter explains, "Investors know the general story, but we feel many are underestimating the potential growth.

"For instance, a few months ago, Sands' Singapore resort (dubbed the Marina Bay Sands) wasn't even open for business, and most analysts were thinking it would have little effect on business for a year or two.

Continue reading Las Vegas Sands (LVS) Bets on Singapore

Las Vegas Sands (LVS) Bets on Singapore originally appeared on BloggingStocks on Fri, 03 Sep 2010 10:30:00 EST. Please see our terms for use of feeds.

Continue reading Gamble on Macau: Wynn and Las Vegas Sands

Gamble on Macau: Wynn and Las Vegas Sands originally appeared on BloggingStocks on Thu, 01 Apr 2010 14:00:00 EST. Please see our terms for use of feeds.

"Highly leveraged casinos were among the first to be locked out of credit markets last year," says Elliott Gue, noting that one company that suffered greatly from credit conditions was Las Vegas Sands (NYSE: LVS).

Now, however, he see "strong propsects" for a recovery in the casino operator's future; he is particularly optimistic on the firm's Asian projects. Here's his review from Personal Finance.

"The economic downturn meant consumers reined in spending on leisure travel and gambling. Meanwhile, declining real estate prices near Las Vegas hit the local economy hard. Gaming revenues declined, and occupancy at Sin City's massive hotels plummeted.

Continue reading Gamble on Las Vegas Sands (LVS)

Gamble on Las Vegas Sands (LVS) originally appeared on BloggingStocks on Thu, 29 Oct 2009 11:10:00 EST. Please see our terms for use of feeds.

While many know that Bill Gates and Warren Buffet are the two wealthiest, Tony Sagami notes that few know the third: Sheldon Adelson. In his Asia Stock Alert, he explains, "Adelson is the founder and CEO of Las Vegas Sands (NYSE: LVS), our latest featured stock." Here, he looks at the gaming company and its bright prospects in Macau.

"Due to its strategic location in the South China Sea, Macau has a rich history as an Asian trading hub. To this day, it looks more European than Asian. And its popularity with tourists is absolutely exploding - an
estimated 27 million visited Macau last year.

"The majority (55%) came from mainland China, but many more visited from Hong Kong (30%) and Taiwan (9%). These tourists are flocking to Macau not because of its history or picturesque seaside location. They're coming to gamble.

"And boy, did they gamble! On my last visit to Macau, I saw table after table filled with boisterous high rollers routinely making $100,000 bets. These 'whales' account for about 80% of Macau's gambling revenues.

"Today, Macau has become the Las Vegas of China. It is the only city in the region with fully legalized gambling. And gambling is deeply engrained in the Asian culture. Plus, Macau is within a five-hour flight of three billion people - nearly half the world's population.

Continue reading Las Vegas Sands (LVS): Gamble on Macau

Las Vegas Sands (LVS): Gamble on Macau originally appeared on BloggingStocks on Wed, 14 May 2008 11:05:00 EST. Please see our terms for use of feeds.

"MGM Mirage (NYSE: MGM) is arguably the world's top publicly traded casino gaming company; from budget-minded families at the Excalibur to high-rollers at the Bellagio, no segment of the market should slip through the cracks," says value investor Nathan Slaughter.

In Half-Priced Stocks, he explains, "But this is just the beginning: the firm has ambitious plans to leverage its brands and take its gaming/hospitality experience to other growing markets around the world."

"Thanks in part to a landmark merger with cross-town rival Mandalay Group several years ago, MGM is now the dominant player on the booming Las Vegas Strip. The merger also brought together two complementary property portfolios, adding Mandalay's low/mid-tier casinos to MGM's mid/high-end resorts.

"The company also has upscale resorts in other high-profile markets, including Atlantic City's Borgata, Detroit's MGM Grand, and the Beau Rivage on Mississippi's Gulf Coast. Combined, the firm operates around 20 properties featuring more than 42,000 hotel rooms.

"And looking ahead, a busy development pipeline and global expansion plans should keep both of those totals moving briskly forward. The company recently celebrated the introduction of MGM Grand Detroit last October, and that property has already hit the ground running and emerged as a market leader.

Continue reading MGM Mirage (MGM): Value play for high rollers

MGM Mirage (MGM): Value play for high rollers originally appeared on BloggingStocks on Tue, 26 Feb 2008 13:52:00 EST. Please see our terms for use of feeds.

Macau -- an 11-square-mile territory on the southern coast of the People's Republic of China -- is a "gaming hotbed," notes Beth Gaston Moon, an analyst with Schaeffer's Investment Research. Indeed, Macau saw 2006 gambling revenue up 22% to $6.95 billion. For the first time on record, its gaming revenue exceeded that of Las Vegas.

As the technical analyst -- known for her contrarian investment strategy -- points out, "These figures affirm Macau's status as a region to be reckoned with in the world of blackjack and baccarat." Here, she looks at the investment opportunities in the region:

Las Vegas Sands (NYSE: LVS) was the first stateside company to begin operations in Macau. Moon explains, "In 2004, the company built the Sands Macau, the largest casino in the world (in terms of the number of table games)."

Next in line was Wynn Resorts (NASDAQ: WYNN), which she notes built the Wynn Macau in 2006. A third player, whose casino is slated for construction over the next year is the MGM Grand (NYSE: MGM).

Continue reading Macau: Global gaming gains

Macau: Global gaming gains originally appeared on BloggingStocks on Thu, 01 Feb 2007 15:00:00 EST. Please see our terms for use of feeds.