Melco Crown Entertainment

  • These Companies Control 50% of the Casino Licenses in China

    By Phillip Woolgar - August 6, 2013 | Tickers: LVS, MPEL, MGM

    The Chinese casino market is currently valued at $38 billion. With many American firms controlling operations in China, they may have already hit the jackpot. In the next several years, a massive bridge and rail network to the Cotai Strip in Macau will bring in a higher volume of gamblers and will keep the cash flowing to these companies.

    MGM now has management that can cash in

    MGM Resorts International more »

  • Will the Chinese Economic Slowdown Spread to the Casinos of Macau?

    By Ryan Guenette - July 12, 2013 | Tickers: LVS, MPEL, MGM, WYNN

    Lying on the western side of the Pearl River Delta, bordering the Guangdong providence to the north, and facing the South China Sea to the east and south is the one of the two special administrative regions of the People’s Republic of China, Macau, also referred to as Macao.

    Formerly a Portuguese colony, Macau was governed by Portugal from the mid-16th century until 1999, when control of the more »

  • Hitting the Jackpot With Melco Crown Entertainment

    By Jeremy Worthington - July 12, 2013 | Tickers: LVS, MPEL, MGM

    With casinos, entertainment, hotels and properties in Macau and the Philippines, Melco Crown Entertainment (NASDAQ: MPEL) has a lot of interests in many different projects. 

    While the stock has already gone up considerably recently and the Chinese economy is cooling a bit, there are plenty of opportunities for profit. Melco Crown is a great opportunity to get exposure to not only the luxury market, but also interests in property and more »

  • Play and Rest: Asian Casinos and Resorts

    By Damian Illia - July 12, 2013 | Tickers: LVS, MPEL, WYNN

    Buying stock has similarities with gambling. Think about it, chance and luck are diminished with more information. Also, random occurrences may give way to important information. Here there are a few pointers about three companies involved in the resort and casino business: Las Vegas Sands (NYSE: LVS), Wynn Resorts (NASDAQ: WYNN), and Melco Crown Entertainment (NASDAQ: MPEL).

    Viva Macau! Viva GDP!

    Regarding gambling, the first thing that typically comes to more »

  • 3 Large Casinos to Watch in 2013

    By Bill Edson - June 7, 2013 | Tickers: LVS, MPEL, MGM

    If there's a single trend over the past ten years in the casino business, it has been internationalization. Las Vegas, it would seem, is no longer the gambling capital of the world, it has been overtaken by Macau, China. The domestic economy is still important to most large casino operators, but economic conditions in China are even more important. Let's take a look at a few of the more »

  • Melco Crown Is Not Just A Play On Macau

    By Mark Yagalla - June 5, 2013 | Tickers: LVS, MPEL, MGM, WYNN

    The Philippines is looking to be the next hot spot for gamblers. Melco Crown (NASDAQ: MPEL) is one of only four gaming companies with a license to operate in the Philippines. The company has a joint venture to develop a 967-room, 242-table gaming resort that will be completed in 2014 called the Belle Grande Manila Bay. The best part about this venture is that a $337 million stock sale will more »

  • Don't Expect This Company to Slow Down

    By Nick Chiu - June 3, 2013 | Tickers: MPEL, MGM, WYNN

    Macau, known as “Las Vegas of the East,” has a gaming history stretching back more than three centuries. As the gaming liberalization continues, the Macau government will follow the policy of “moderate supervision, monitoring and control and healthy growth.” For investors interested in a pure Macau gaming play, Melco Crown Entertainment (NASDAQ: MPEL) is a clear choice. Being one of the only few casino operators allowed in Macau and with more »

  • Why Is the Cotai Strip so Important?

    By Nick Chiu - June 3, 2013 | Tickers: LVS, MPEL, WYNN

    Investing is not gambling. However, gambling is a big business to invest in. For investors who still have not joined the ride for Macau booming, it is a good time to take a look at one of the fastest growing and developing areas in Macau, the Cotai Strip. The Cotai Strip will transform Macau from a pure gambling city to a diversified, multifunctional, and entertainment hub.

    Las Vegas Sands (NYSE: LVSmore »)

  • Don’t Buy Las Vegas Sands and its Peers Right Now

    By Meena Krishnamsetty - March 29, 2013 | Tickers: CZR, LVS, MPEL, MGM, WYNN

    Las Vegas Sands (NYSE: LVS) has risen 16% year to date, though the stock is down from its levels a year ago while the S&P 500 is up 11%. In 2012, the company’s net revenue (which subtract out promotional allowances) grew 18% compared to 2011. With costs rising in line with sales, earnings showed only modest changes even after adding back an impairment charge.

    Net income available to more »

  • Las Vegas Sands Corp : Play the Bets

    By Shas Dey - March 12, 2013 | Tickers: LVS, MPEL, WYNN

    Las Vegas Sands Corp (NYSE: LVS),  the casino behemoth run by billionaire Sheldon Adelson, is a global developer of destination properties (integrated resorts) that feature accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities. Its operating and developmental activities occur in three geographic areas: Macao, Singapore and the United States.

    Recently, Las Vegas Sands has been in the news for allegations of more »

  • Should You Short This Stock Now?

    By Shas Dey - February 7, 2013 | Tickers: LVS, MPEL, WYNN

    Las Vegas Sands (NYSE: LVS) announced fourth quarter results after the bell last Wednesday. The stock, which was at $53.38 at opening trade on Jan. 28, slipped 3.9% to $51.05 at the close of trading the next day. On the day the results were to be released, the stock gained 0.94% and closed at $51.56. However, after the results became public, the after hours quote more »

  • Hedge Fund Emerging Sovereign Group’s Newest Stocks for 2013

    By Meena Krishnamsetty - February 7, 2013 | Tickers: CTRP, MJN, MPEL, MDLZ, VRSN

    The beginning of February brought with it the latest 13F filing from J Kevin Kenny Jr., head of hedge fund Emerging Sovereign Group. Kevin Kenny started the fund over ten years ago, seeded by Julian Robertson of Tiger Management fame. He previously earned an MBA from Wharton and spent six years at investment bank Morgan Stanley. Two years ago, Carlyle Group engaged in a 55% purchase of the fund, which more »

  • Gambling With a 9% Dividend Yield

    By Johan Seijkens - January 14, 2013 | Tickers: AERL, LVS, MPEL, WYNN

    Chinese gamblers like Macau, just as Americans love Las Vegas. The big difference is that Macau generates five times more in gross gaming revenues than the casinos on the Las Vegas Strip.

    The reason that Macau is booming is because it is the only place on Chinese soil where table gaming is permitted. Gambling has been legal for more than 150 years in Macau. In 2011 Macau boasted 28 million more »

  • A Primer On Casino Stocks And Macau

    By Bob Chandler - January 11, 2013 | Tickers: LVS, MPEL, MGM, WYNN

    Those interested in casino stocks cannot ignore the activities in Macau. Macau is located about 40 miles from Hong Kong and the government opened up its gaming market in 2002. It is now the largest in the world with gaming revenues hitting a record $38 billion in 2012 compared to roughly $14 billion generated in the U.S. Nevada market. The current hotspot for casino development in Macau is called more »

  • Betting on This High Growth Casino

    By Andrés Cardenal - January 8, 2013 | Tickers: LVS, MPEL, MGM, WYNN

    Good investors have many things in common with smart gamblers: they both play only when and where they have an edge, they strive to find situations with an attractive risk and reward trade off, and they bet strongly when the odds are on their side. Speaking of gambling and investing, shares of Melco Crown Entertainment (NASDAQ: MPEL) look like a convenient bet for long term investors.

    A pure play on more »

  • Do You Agree With This Billionaire’s Bearish Bets?

    By Meena Krishnamsetty - December 17, 2012 | Tickers: DKS, MPEL, NKE, QLGC, VMW

    Paul Singer founded Elliott Associates in 1977, and since then has taken an activist approach to investing. Singer takes meaningful positions in companies that are distressed and underperforming in an effort to encourage management to unlock shareholder value, either by a spinoff or a reorganization. Singer holds a BS in psychology from the University of Rochester and a JD from Harvard. Before founding Elliott, Singer spent time at various law more »

  • 5 Casino Stocks The Smart Money is Betting On

    By Meena Krishnamsetty - December 6, 2012 | Tickers: LVS, MPEL, MGM, PENN, WYNN

    After identifying the most popular stocks among hedge funds (see our entire Top 10 list here) according to their third quarter 13F filings, we have decided to break down the top five stocks that hedge funds love in the casino industry. The top casino stocks should perform well over the interim as a strengthening in the global economy drives increased discretionary spending and corporate travel. Our list includes the hundreds more »

  • What Has Famed Hedge Fund Manager Louis Bacon Been Buying?

    By Meena Krishnamsetty - December 3, 2012 | Tickers: AGO, DG, MPEL, NXY, NWSA

    Billionaire Louis Bacon is the founder of Moore Capital Management and manages more than $15 billion in assets. Bacon received an MBA from Columbia and worked on the New York Cotton Exchange as a runner before starting Moore Capital in 1989. Bacon's flagship fund Moore Global Investments has returned 31% annually since its inception in 1990 and was up 26% last year. Here are Louis Bacon's top stock more »

  • Is it The Right Time to Invest in the Casino Industry?

    By Meena Krishnamsetty - October 26, 2012 | Tickers: LVS, MPEL, MGM, PENN, WYNN

    Wynn Resorts (NASDAQ: WYNN) posted solid earnings Oct. 24 that is pushing the stock up over 5%. EPS came in at $1.48, compared to consensus of $1.31. The casino industry may finally be seeing a turnaround on strengthening demand in Las Vegas. Wynn saw its net income up 12.5% despite falling revenue in Macau. Revenue for the Chinese territory fell 4.3% for 3Q—on the back more »

  • Which Casino Should You Bet On?

    By Anh HOANG - October 25, 2012 | Tickers: LVS, MPEL, MGM, WYNN

    Casinos are an interesting business. It makes money on the basic psychology of human beings: the desire to get rich quick. The business is really a cash cow, generating a huge sustainable cash flow over time. It doesn’t need any inventory or account receivables. However, in order to operate in the casino business, companies are required to build hotels/resorts, which incur huge capital expenditures. Investors, if interested, should more »

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