Seeking Alpha

Analysis: Las Vegas picking up some lost Macau traffic

  • Telsey Advisory Group thinks the crackdown by the Chinese government on money laundering and lavish spending has turned some high-rollers and mass-market gamblers away from Macau casinos to Las Vegas casinos (CZR, LVS, WYNN, MGM).
  • A drop in the average bets at baccarat tables in Macau has corresponded with a slight uptick in Vegas.
Comments (1)
  • Mr Wan
    , contributor
    Comments (73) | Send Message
     
    Yes best news for Las Vegas in years
    http://seekingalpha.co...
    13 Aug 2014, 09:33 AM Reply Like
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