Monthly Gross Revenue from Games of Fortune in 2015 and 2014
Monthly Gross Revenue Accumulated Gross Revenue
2015 2014 Variance 2015 2014 Variance
Jan 23,748 28,739 -17.4% 23,748 28,739 -17.4%
Feb 19,542 38,007 -48.6% 43,290 66,746 -35.1%
Mar 21,487 35,453 -39.4% 64,777 102,199 -36.6%
Apr 19,167 31,318 -38.8% 83,944 133,517 -37.1%
May 20,346 32,354 -37.1% 104,289 165,871 -37.1%
Jun 17,355 27,215 -36.2% 121,645 193,086 -37.0%
Jul 18,615 28,415 -34.5% 140,259 221,501 -36.7%
Aug 18,623 28,876 -35.5% 158,882 250,377 -36.5%
Sept - - -
Visitation is up from last month..Let's see how that affects the numbers tonight..
Ones man opinion..If you're so sure, short it..It takes 50 days on average to fix a correction...You may be right but I'm riding out the storm with the lower prices I bought a few days ago..
Sid......Why did you come back to tell everyone how great that board is and how bad this one is? Most people would have just stayed there...Are you part of the agenda to destroy what is left? (A plant) It's all about power and Napoleonic Complexes over there so it wouldn't surprise me...Don't have time for that agenda play..Reminds me of FOX News..LOL ....I'm here for fun and investments. If you had read these posts two days ago, you would have seen that we called the bottom of this correction before it happened....Read my posts...Nice guys on Freeforums board and a few serious mental cases who believe they are God's literary gift to stock analyzing... ..Our idiots are just Village idiots..No harm..Some fun... Freeforum has a few that need serious long term care..They are caught up in themselves..JMHO
You're close..Trying to pick up some property in Biloxi..LOL When options pick up, I can pay for it..Buy some call options Stinky..
Max Pain $49.50 for Friday..Charts are damaged but it's going higher...
It had to happen..When was just a guess..Broken clock is right twice a day..
Concern over the health of the Chinese economy has contributed to the most unsettled period in global markets since the financial crisis, with trillions of dollars wiped off the value of equities and commodities.
“We shouldn’t lose confidence in the economic growth prospects of China and the globe,” the Economic Information Daily commentary said.
Other state media also urged investors not to panic, with the China Securities Journal saying weakness in markets around the globe -- including in the U.S. -- has affected Chinese shares. Investors should balance their positions and wait for the market to calm down, it said.
234..I love it..
Should have bought more..Three weeks for dividends...
I'm sure he will have a good story if he says anything at all...
I think he was buying..Now let's see a V recovery and get rid of the shorts.
Somebody did..I picked up 100 shares for $40..Wish I had bought 1000..
Macau stocks have been sold off lately, losing between 15-20%, since the People’s Bank of China moved its yuan guidance rate lower last week.
The bear argument is that now Chinese tourists would feel poorer and not visit Macau as often and that we may see liquidity drains in the VIP gaming rooms.
But the yuan seems to have stabilized and lost only about 3%. Is it time to bottom fish?
Unfortunately, Macau is not that cheap yet. MSCI Hong Kong “consumer services” sector, essentially Macau gaming companies, are trading on average at 18.1 times forward earnings, just 6.9% shy of the long-term average of 19.4 times, data provided by Nomura Securities show.
The 18.1 times earnings is on the back of 36.5% decline in expected earnings in the next year and Wall Street analysts expect earnings to grow by just 4.2% the year after that. Meanwhile, we continued to see analysts revise down their earnings estimates in the last month.
It reads to me it is not time to put in our chips yet.
Rob Rankin, recently named Chairman of Crown Resorts Limited, has been investing significant time in Japan this summer meeting personally with political officials in a strong show of dedication and support. The intent is to help expedite the legalization of gambling in their country. Crown’s previous Chairman and current Executive Director, billionaire James Packer, had been lobbying politicians there for many years prior.
CLSA, an independent research-driven investment brokerage, predicts that Japan could become the second largest gambling center in Asia, with annual revenue estimates of $40 billion. Crown’s efforts include promoting the benefits of integrated resorts as well as committing long-term to their investment.
Competition for the Japanese gambling market will be stiff. Sands head Sheldon Adelson perceives his company will win any bids for the premium licenses. Yet, MGM Resorts, Genting, Wynn, Galaxy and other major casino players are also maneuvering for position in the anticipation of legalization.
Yet despite all efforts by the interested parties – Japan recently shelved a bill introduced earlier in the year for legislative consideration, and a recent note investment bank Nomura suggests submission and debate of any Japanese bills specific to gambling may not be probable for at least another twelve months.
Stinkys come and go but we'll be here next year but you won't unless you change your name again and again..LOL