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Strategies & Market Trends : Value Investing

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To: Jurgis Bekepuris who wrote (28822)11/5/2007 12:08:23 PM
From: Paul Senior  Read Replies (1) of 78670
 
LVS is not a value investment, imo. That's why I prefaced my comments with "OT".

To me it's a two-fold play. One, the attraction of Macao for the high-rollers, and the broadening of that to more classes of people as China's wealth increases. LVS can and will build on its Vegas and Macao knowledge to other emerging countries and markets. Two, LVS is focused on coupling gambling with tremendous convention center operations. The combination of entertainment/shopping/gambling with the ability to draw conventioneers will be a strategic strength for LVS in coming years as it develops its facilities in Asia.
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