Ranjit Thomas

Casino Stocks Actionable Call Alert

Well, maybe you should look at the valuation these stocks are trading at? Even after the recent fall, they look hugely overvalued.

Buy Opportunity in Gaming Stocks: Reduced Targets, Easier Comparables

The article misses the point that the gaming stocks are at inflated valuations based on mis-informed opinions that profits are going to skyrocket in the future. Free cash flow is hugely negative at LVS and WYNN. In fact, LVS's operating income can't even cover its interest payments, and this is before the huge capex they have been incurring is yet to seep into depreciation. There is a real risk that they could go bankrupt.