Melco Crown Entertainment (NASDAQ:MPEL)

A lot of people have opined about Macau. And everytime I hear the word - macau.... all I hear is how big of a gambling heaven it is and how asians love to gamble and that and this ... blablabla...

I don't know about you, but most of my asian friends around me live a normal life. They rarely go to casinos. According to the preachers of Macau, it is in the blood of asians to gamble. But, I don't see my friends, friends of friends playing.... Just a personal opinion .... Way OVER RATED.

This and LVS are my two favorite gaming stocks. The key statistics on this one are not as pretty as I like, but it has a ton of potential. Gaming in China is bboming, and they are in all the right spots.

Macau is hot these days

A pure play on the ever-expanding Macau gaming sector. Already runs two casinos, and owns half of a third.

Largest gaming market and highest growth gaming environment and new mega resort in the pipeline MPEL has already faced and conquered the GFC, up and up from here...

Re-Upping after the pullback. Stock has been good to me for years.

Long term play

China casino license

In the long run gambling stocks will always outperform the market

Momentum!

Little known player in the Macau market. Good valuations, good growth prospects. MPEL's House of Dancing Water is the best production in Macau per multiple reviews. Rivals Vegas' Cirque De Sol.

This one is about ready to take off now. Watch it soar like an eagle!

Macao gaming and profits

It is a bad idea to short the casinos right now. I currently have some options exposure to the name and will likely favor owning it on and off over the foreseeable future when I want casino exposure. While I like LVS as well, I will take MPEL and the added risk/reward component.

Macau is the future of gambling and these companies are going to benefit from it. The City of Dreams is Melco's crown jewel. The revenue growth witnessed here is amazing. There is also the added bonus of potentially waking up one morning to a buyout by one of the bigger gambling names. Incremental gross gaming revenue will boost the company's profitability significantly and also reduce concerns about the casino operator's financing plan. The Chinese are becoming wealthy at an alarming pace and they aspire to spend their new found wealth. This bodes very well for MPEL, at least until we see some signs that China growth (fabricated or not) is slowing.

Macau is a growth story

Asian market will continue to grow and Melco should be a favorite.

Casinos are the best way to open up your own mint, short of starting a country. I like the book value, I also like the position to take advantage of a higher disposable income per capita in China. They have the expertise of one of Oz's biggest gaming companies (Crown Limited).

Global Gains

Personally I am not a gambler, but others clearly are. As of right now the Chinese and other Asians have more disposable income than Americans so I feel the Macau will be booming for years to come and Las Vegas's revenue will continue to recover with the American economy. I like MPEL better than the Las Vegas plays because this stock does not have enough attention as I feel it should. I feel it is undervalued. MGM and LVS are being covered by many analysts and talked about constantly on TV, so I feel that those recent gains in share prices are more because of speculators boosting the volume than the speculation regarding MPEL. Plus, Macau is just getting started as Las Vegas is more of a turn around play to me. Maybe MPEL could be the cornerstone of Asian gambling like MGM and LVS are to Vegas.