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Bullmarket.com Offers Investment Opinion on Casino Stocks

20-May-2008, 10:55

BullMarket.com, an online investment newsletter focused on long-term growth and income-generating stocks, announced today that it has provided subscribers with a report on casino stocks, including Lakes Entertainment, Melco PBL Entertainment, MGM Mirage, Wynn Resorts, and Las Vegas Sands.

All paid and trial subscribers to BullMarket.com can now receive immediate access to the newsletter's exclusive daily reports. As a subscriber, you'll also gain access to our latest investment moves.

In its report, BullMarket.com wrote: "Melco is moving aggressively on Macau. Its first property, the Crown Macau Hotel and Casino, cost $513 million to build and opened a year ago. It features 220 table games, 550 game machines and 216 rooms. Its second property, City of Dreams, is slated to open in early 2009 with a $2.1 billion budget. This facility will contain 450 table games, 2,500 slot machines, and four hotel towers with 1,600 rooms. Taking a page from Vegas, the property will include a large shopping and entertainment complex and will be located on the Cotai Strip, Macau's answer to the Las Vegas Strip."

BullMarket.com looked at the following topics, among others:

-- Will Lake Entertainment's focus on the Native American casino market prove a winner in the current environment?

-- Is Melco finally getting it right in Macau, or should investors remain wary?

-- Can the big three Las Vegas casinos overcome a weak local market?



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