Seeking Alpha

Citigroup is out with a fresh take on the Macau gaming market, noting it's the mass market that...

Citigroup is out with a fresh take on the Macau gaming market, noting it's the mass market that deserves a bigger focus with all the attention narrowed on what the high-rollers are doing. Improved infrastructure is helping to boost visitation from Mainland China and should push traffic even higher as costs to get to the island mecca come down. Citi's sector picks: Melco Crown (MPEL -0.1%) and Las Vegas Sands (LVS -0.5%).
From other sites
Comments (3)
  • jimivan1933-mikey
    , contributor
    Comments (7) | Send Message
     
    So why is the stock down from its highs of sixties?
    15 Jan 2013, 12:14 PM Reply Like
  • john12310
    , contributor
    Comments (63) | Send Message
     
    Reminder: pay attention to the real world. Tune out Wall Street chatter regarding China . The gaming industry in Macau will boom for several years. Traders be nimble, moves could be explosive. I would not get caught out of my own little etf.
    15 Jan 2013, 02:59 PM Reply Like
  • Michael Bryant
    , contributor
    Comments (5828) | Send Message
     
    (MPEL) is a better Macau play than (LVS), since (LVS) has casinos in Singapore and Las Vegas too.
    15 Jan 2013, 11:14 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs