Global Gaming and Casinos Industry Specialist, Casino Business Review LLC

Howard J Klein

I am a 25+ year c-level executive of the casino industry in operations, marketing, international development and strategic planning. Currently, a consultant specializing in the casino space. Industry expert contributor and publisher of a subscription letter called "The House Edge". Extensive experience in marketing and development in the Asian gaming market while a senior executive at Caesars, Ballys Grand and Trump Taj Mahal.
Part of senior executive teams that valued acquisitions and mergers with companies in the casino, hotel, d entertainment rant  and restaurant space.

Global Gaming and Casinos Industry Specialist

Equity Bottom-Up

Melco Resorts & Entertainment / Equity Bottom-Up

<ul>
<li>President Trump's latest tweet churned headwinds throughout all markets but hit the Asian gaming sector hard.</li>
<li>Melco just released an earnings beat for 1Q19 that validates expectations that new Morpheus Tower and growing the mass business are producing against macro headwinds.</li>
<li>Despite Aprill's y/y 8.3% decline in Macau GGR, sector showing signs of resilience compensating for slowing VIP. MLCO reflects that trend.</li>
</ul>


President Trump's latest tweet churned headwinds throughout all markets but hit the Asian gaming sector hard.
Melco just released an earnings beat for 1Q19 that validates expectations that new Morpheus Tower and growing the mass business are producing against macro headwinds.
Despite Aprill's y/y 8.3% decline in Macau GGR, sector showing signs of resilience compensating for slowing VIP. MLCO reflects that trend.


Melco 1Q19: Trump's Latest Tweets Churn Asia Gaming Sector, Creates Entry Point Now