The Philippines Jump Into Gaming
The first of four major resorts has opened in The Philippines, and it'll be an important indicator of how gaming can grow outside of Singapore and Macau. Japan, Korea, China, and others are looking at expanding gaming, and this will be a look at whether they'll dilute other gaming markets.
Alison Southwick sat down with analyst Travis Hoium to see how Melco Crown will be affected (as its resort is built in The Philippines) as well as the impact on Asian rivals.
Melco Crown is often a forgotten company in gaming, but it has tremendous upside from Studio City and its partnership in the Philippines, which could more than double the company's revenue base. This being a more speculative investment, is it worth the risk for smaller investors? The Motley Fool answers this question and more in our most in-depth Melco Crown research available for smart investors like you. Thousands have already claimed their own premium ticker coverage, and you can gain instant access to your own by clicking here now.
The article The Philippines Jump Into Gaming originally appeared on Fool.com.Fool contributor Travis Hoium manages an account that owns shares of Wynn Resorts. The Motley Fool has no position in any of the stocks mentioned. 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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