I'm surprised know one talks about this....the China market doesnt impact Macau gambling much IMO
Also, people keep saying China growth is slowing down. In percentage terms yes, but in absolute terms it isnt shrinking. Its like Cisco and WalMart ...they are so big they become a victim of their own success. Of course the percentage growth will get smaller as the base gets bigger. Duh
I looked up the cost of Wynn Encore in Las Vegas....it was 2.3B$ for 2034 rooms. Wynn Palace is only 1700 rooms and costs 4B$. I will invest long on this fact.....with 1.3 people in China, Wynn Palace will be the best hotel/casino.