Global Gaming and Casinos Industry Specialist, Casino Business Review LLC

Howard J Klein

Global Gaming and Casinos Industry Specialist

Equity Bottom-Up

<ul><li>Las Vegas Sands announced last week it was selling its Bethlehem, PA casino hotel for $1.3 billion to the MGM REIT, MGM Growth Properties.</li><li>With other possible asset sales on the block, LVS could build a cash hoard to finance integrated resort expansion in Japan, Vietnam, and Korea.</li><li>Stock at US$55 is undervalued against these prospects not that far away. </li></ul>

Las Vegas Sands announced last week it was selling its Bethlehem, PA casino hotel for $1.3 billion to the MGM REIT, MGM Growth Properties.With other possible asset sales on the block, LVS could build a cash hoard to finance integrated resort expansion in Japan, Vietnam, and Korea.Stock at US$55 is undervalued against these prospects not that far away. 

Las Vegas Sands Takes Giant Steps in Amassing a Possible $12 Billion War Chest for Asian Expansion

<ul><li>Macau has weathered powerful headwinds from government crackdown policies since late 2014 but has now reversed downdraft to post strong YoY revenue gains.</li><li>The transformation to mass dominated market plus the revival of VIP will gain immense visibility as upcoming Chinese New Year augurs strong double-digit gains for the January/February periods.</li><li>Institutional algos running blind to potent realities of Macau's resiliency creating good entry points now.</li></ul>

Macau has weathered powerful headwinds from government crackdown policies since late 2014 but has now reversed downdraft to post strong YoY revenue gains.The transformation to mass dominated market plus the revival of VIP will gain immense visibility as upcoming Chinese New Year augurs strong double-digit gains for the January/February periods.Institutional algos running blind to potent realities of Macau's resiliency creating good entry points now.

As Macau Gaming Recovery Surges Toward 6th Sequential Month of Gains, Shares Remain Undervalued

United States

MGM Growth Properties LLC operates as a real estate investment trust. The Company engages in the acquisition, ownership, and leasing of destination entertainment and leisure resorts, including casino gaming, hotel, convention, dining, retail, and entertainment properties. ... More

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Mgm Growth Properties (MGP US)

Las Vegas Sands Takes Giant Steps in Amassing a Possible $12 Billion War Chest for Asian Expansion

Las Vegas Sands announced last week it was selling its Bethlehem, PA casino hotel for $1.3 billion to the MGM REIT, MGM Growth Properties. With...

Howard J Klein

As Macau Gaming Recovery Surges Toward 6th Sequential Month of Gains, Shares Remain Undervalued

Macau has weathered powerful headwinds from government crackdown policies since late 2014 but has now reversed downdraft to post strong YoY...

Howard J Klein

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)