NEW YORK, NY--(Marketwire -03/13/12)- www.SignalWatcher.com provides members with proprietary analysis of over 10,000 stocks which is updated every day. Today, members can receive their complimentary stock analysis on Las Vegas Sands Corp. (NYSE: LVS - News) and MGM Resorts International (NYSE: MGM - News). Sign up now on www.SignalWatcher.com to get your free reports on these stocks.
Gambling revenue in Las Vegas climbed 29% in the first month of the year and gaming companies are hoping to maintain that momentum. The uptick in revenues was mostly attributed to better returns from baccarat and Chinese New Year. It will be interesting to see if this was the start of a comeback for Vegas or merely an aberration.
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MGM Resorts International is among companies that could stand to benefit from the uptick in domestic gaming revenues moving forward. MGM reported that domestic revenue improved 8% in the fourth quarter over the prior year. www.SignalWatcher.com gives traders a unique insight about MGM Resorts International by registering now at http://signalwatcher.com/MGM/March132012.php.
Better domestic revenues were certainly positive but international holdings will likely fuel the major gains this year. Las Vegas Sands Corp. has already done an admirable job growing its operations in Singapore and China and could see even better results this year. The company saw profits jump 17% in the fourth quarter. www.SignalWatcher.com gives traders a unique insight about Las Vegas Sands Corp. by registering now at http://signalwatcher.com/LVS/March132012.php.
Moving forward, better domestic revenues will certainly help nearly all casinos but the best growth opportunities appear to be outside the U.S. Casino companies growing operations in Asia could be best positioned to widen margins this year.
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