Melco PBL Entertainment: The Crown of Macau

Macau, now known as the "Las Vegas of China", has already passed the entire state of Nevada, let alone the Las Vegas Strip, in terms of revenue. <!---->This is fueled by the fact that Macau is the only area in China where gambling is legal, where enormous wealth is being created, and where the average Chinese gambler has an expectation of beating the house.

This has begun to grab the attention of investors looking to take part in the upside in the future of Macau that may soon leave Las Vegas looking like Reno (no offense, Reno). Currently, there are only 6 companies that hold concessions and sub concessions to manage casinos. These include: Las Vegas Sands (LVS), Wynn Resorts (WYNN), Galaxy Entertainment [0027.HK], Melco-PBL (MPEL) [soon to be called Melco-Crown], MGM Mirage (MGM), and Sociedade de Jogos de Macau.