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Sands China Ltd. Message Board

  • bjspokanimal bjspokanimal Oct 31, 2013 2:02 PM Flag

    Saw MGM's Earnings... the Stock is Gapping Down

    They missed estimates... I think it was a loss of 6 cents vs estimates of a 3 cent loss.

    Amazing that MGM continues to lose money THIS DEEP into a global economic recovery.
    Of course, their EBITDA is solidly positive, but you can't live on negative EPS forever.

    I think they said that MGM Cotai will only have 1,600 hotel rooms (VS 3,000 at Parisian)...

    ... it seems that most macau gaming concessionaires STILL havn't signed on to Adelson's mass market, Vegas model vision, even as the SAR steadily moves in that direction.


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    • If MGM is dragging down WYNN and LVS, it just illustrates how little investors know... jump on the sector's bandwagon and jump off the sector's bandwagon...

    • Agreed.

      Adelson and the Mgmt team continue to play w the mix re: VIP VS Premium Mass in striving for the right mix. Of course that is a constantly moving target working ever more closely towards ever increasing mass market growth.

      The number of rooms that Sands has currently and will grow to w the opening of the Parisian will most assuredly keep LVS at the epicenter of Premium Mass and Mass growth in Cotai over the next half decade minimum.

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