LAS VEGAS (CNNMoney) -- My heels are bleeding, I haven't eaten a real meal in four days, and I can't fit all my swag in my suitcase -- but such is a typical end to the Consumer Electronics Show.
As the massive gadget extravaganza winds down in Las Vegas, clear winners and losers have [...]
Just a week ago, I had entered to buy Las Vegas Sands. In the post I have said that LVS have been one of the top gaming stock. They have done very well in capturing a big pie of the Macau market and also opened the Marina Bay Sands in Singapore. Both these markets are [...]
Las Vegas Sands
LVS has always been one of the best gaming stock for me. They have divested out of the Vegas Strip and have now captured the second largest market share in Macau, behind only SJM Holdings. On top of that, I believe the Marina Bay Sands in Singapore is destine to do very well.
MGM's City Center is hiring BK lawyers. I haven't seen anything quite as stunning as City Center when I visited Las Vegas in November. The City Center project was the very definition of real estate excess. Looks like the problems are even worse than I assumed.
Commercial real estate looks very fragile and could potentially derail [...]