- Melco Crown (MPEL) plans to invest $5B in a Japanese casino if it lands permission.
- The heightened interest by the gaming sector in Japan coincides with Prime Minister Shinzo Abe's proposed tax cuts and Tokyo landing the 2020 Summer Olympics.
- Also in the game in Japan: Las Vegas Sands (NYSE:LVS), Wynn Resorts (NASDAQ:WYNN), MGM Resorts (NYSE:MGM).
Gaming companies circle as more yen fly around Japan
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| Symbol | Last Price | % Chg |
|---|---|---|
| MLCO | - | - |
| Melco Resorts & Entertainment Limited | ||