Today Fool.com contributor and gaming expert Travis Hoium looks at the cheapest stock in gaming today: Melco Crown (NAS: MPEL) .
As Travis explains, Melco has far more upside than competing gaming stocks because it's building off a smaller base of casinos. Plans to roll out additional locations will have a far more dramatic impact on the company's bottom line than more established operators like Las Vegas Sands (NYS: LVS) . Not only that, but Melco Crown is cheaper on an EV/EBITDA multiple as well.
That doesn't mean Melco is the only promising stock out there today. There is something to be said for mega-operator Las Vegas Sands as well. The company sports a dividend and some of the best properties in the world.
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The article The Cheapest Stock in Gaming Today originally appeared on Fool.com.
Travis Hoium owns shares of Melco Crown and Wynn Resorts. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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