Equity Research on MGM Resorts International and Melco Crown Entertainment Ltd. -- Large Casinos Continue to Move Into Macau
03 Junho 2011 - 9:28AM
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As the middle class in many Asian countries continues to grow,
so too does their access to disposable income. This bodes well for
companies with gaming operations in Macau, and this is being
reflected in the financials of many companies. Get instant analyses
of MGM Resorts International and Melco Crown Entertainment Ltd. from live, real-time
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In the past seven years, large companies in the Resorts and
Casinos sector have begun moving into Macau after around 40 years
of the Ho family completely controlling the casino business
there.
Since then several casinos such as Wynn resorts, Melco Crown
Entertainment Ltd. and more recently MGM Resorts International have
moved in on Macao to help it become the number one casino market in
the world. Melco Crown which operates several casinos primarily in
Macau has seen impressive gains in its stock price this year.
Melco Crown Entertainment Ltd. report is
accessible for free by registering today at
http://shinesroomonline.com/reports/June0311MelcoCrownEntertainmentLtd.(MPEL)030611.php.
MGM has also been active in the area recently. The company
raised $1.4 billion in an IPO for the MGM Grand Macau. The casino
is in a partnership with Hong Kong businesswoman Pansy Ho who holds
29% ownership of the property. MGM Resorts
International report is accessible for free by registering
today at
http://shinesroomonline.com/reports/June0311MGMResortsInternational(MGM)030611.php.
The two Resorts & Casinos stocks
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