June 13, 2012
The following video is from last week's MarketFoolery podcast, in which host Chris Hill, along with Tim Hanson and Joe Magyer, discuss the latest business news. Wynn Resorts CEO Steve recently announced plans to build a $4 billion casino in Macau. In this segment, the guys analyze the cost of doing business in Macau as well as how cyclical casino stocks like Wynn and Las Vegas Sands can be. For investors seeking to bet on Macau, the guys also share the relative merits of U.S.-based Wynn and Hong Kong-based Melco Crown Entertainment.
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