Saturday, 9 March 2013

a steep discount to Strip sales before the financial crisis
a whopping $33 million per acre

use the abandoned construction Boyd left behind
The bad news is that it will add more hotel rooms, gaming, and slot capacity

If you need any more reasons not to buy Caesars or MGM, this is a big one. Just when Las Vegas should be picking up steam, there will be more capacity added, pulling customers from both companies

For Wynn and Las Vegas Sands it's a little less disruptive, because they could use some more neighbors on their side of The Strip, but it doesn't really add to their position

For expert analysis on whether this former high-flying stock can regain its form on the back of a growing presence in Asia




00.23     10.03.13. 

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