brought to my attention by a Chinese-American trader...my attention was originally directed to LVS(check the chart)...followed by WYNN...this is all based on the buildup of Macau...LVS hit hard and fast...WYNN followed, but MPEL is backed by the Stanley Ho family, who controlled gaming in Macau for decades, before LVS was granted a license...under Ho's regime, Macau was typically smoke-filled casinos...LVS, which brought in the Vegas style resort/casino, changed all that...LVS is now the current leader, but the new player on the block will be IPO MPEL, which is actually the old-timer...MPEL is an IPO brought forward by Macau-conrtolled Stanley-Ho...his sons will control the building/development/management, of this and other controls...Ho, already owns the real estate...so, think about it...Macau has surpassed Las Vegas, in a single buildout...Chinese love to gamble...it will be a mega-draw, for gamblers from Asia(particularly China)...and, eventually, everyone, who is tired of Vegas...good luck, all...
$27.44 (02/13/07)
