Seeking Alpha
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Diamonds may be a girl's best friend, but a casino can easily become a guy's addiction! Especially for our American friends spoiled by Nevada: go East...and make a bundle. Here is how.

Most of you know about how Macau is becoming China's casino capitol. Fine and good. But how do you cash in on this bonanza?

For one thing, go for the providers of facilities. Look at Shun Tak and at Melco, both listed in Hong Kong. In the States, go for Galaxy Entertainment, Wynn Resorts (WYNN) or Sands (LVS).

Then go for companies supplying casino equipment, such as slot machines: IGT (IGT), Bally Technologies (BYI) and Life Tec.

Related article: WSJ on Gambling in Macau.

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This article has 2 comments:

  •  
    Are there any penny stocks as startups in casinos?
    2008 Mar 08 11:51 AM | Link | Reply
  •  
    Macau has been the gambling capital of the East for the longest time I can remember, but they're a Special Administrative Region, with their own currency (the pataca) that's pegged at USD 0.125.

    This is all old news. Haven't you seen the Bond movie "The Man With The Golden Gun"?
    2008 Mar 10 04:01 PM | Link | Reply