Why 1 Casino's Big Bet Could Pay Big Dividends
The following video is from last week's MarketFoolery podcast, in which host Chris Hill, along with Tim Hanson and Joe Magyer, discuss the latest business news. Wynn Resorts CEO Steve recently announced plans to build a $4 billion casino in Macau. In this segment, the guys analyze the cost of doing business in Macau as well as how cyclical casino stocks like Wynn and Las Vegas Sands can be. For investors seeking to bet on Macau, the guys also share the relative merits of U.S.-based Wynn and Hong Kong-based Melco Crown Entertainment.
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At the time this article was published Chris Hillowns shares of Melco Crown Entertainment. The Motley Fool has adisclosure policy. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. Try any of our Foolish newsletter servicesfree for 30 days.