After listening to the most recent LVS and WYNN conference calls, it is apparent that WYNN is doing a better job in this space. LVS has a lot of LT debt, negative earnings the previous quarter (not expecting this quarter to be any better), and Vegas has been looking bad from the economy. Macau seems to be doing well, but the Chinese gov't has thrown some curve-balls, limiting the casino companies from expansion and limiting the amount of floor space to be used for gambling.
Not one of the stocks I'd want to be in.
$43.88 (07/27/08)
