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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Harshu Vyas who wrote (74474)12/6/2023 6:25:55 PM
From: Paul Senior  Read Replies (1) | Respond to of 78954
 
CZR. Some people might want it because it has quite the largest exposure to Las Vegas compared to its competitors. A bet on LV and pricing power that CRZ can demand. Not sure, but it possibly it was CZR (or MGM?) that started the now common practice of charging for parking in their casino lots. Also, maybe CZR were first/among first to give 24-hour buffet to all their properties. i.e, for example, spend $50 for a 24-hr pass to a buffet for one of their LV casinos, and you can go to any other of their LV casinos and eat at their buffets as well for the 24 hours. Breakfast, lunch, dinner at three different places for one price? Sounds good -- theoretically. lol.

LVS and WYNN near lows. I've kept a tracking position in WYNN, and may add. Or LVS - an expectation that their Macao and Singapore will see better business now, as pre-Covid.