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Global Political Challenges Affect Gaming Stocks

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The U.S. election has gotten most of the domestic headlines, but it's a leadership change in China that will most impact gaming stocks going forward. Las Vegas Sands (NYSE: LVS  ) , Wynn Resorts (Nasdaq: WYNN  ) ,  Melco Crown (Nasdaq: MPEL  ) , and even MGM Resorts (NYSE: MGM  ) all count on Macau and by extension China's VIP gamblers for a large portion of their business. But what most people don't know is that much of the VIP business is driven by junkets, which provide a way for wealthy Chinese to get money out of China. If China's new government tries to crack down on the flow of funds out of China through Macau or other corrupt practices that are often tied to Macau, it could affect gaming revenue going forward. 

To learn more about about these challenges and opportunities for gaming's biggest company, check out our brand-new premium report on Las Vegas Sands. We're providing a full year of analyst updates to go with it, so make sure to claim your copy today by clicking here.


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Travis Hoium
TMFFlushDraw

Travis Hoium has been writing for fool.com since July 2010 and covers the solar industry, renewable energy, and gaming stocks among other things.

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Related Tickers

8/4/2015 12:00 PM
LVS $55.86 Up +0.61 +1.10%
Las Vegas Sands Co… CAPS Rating: ****
MGM $21.42 Up +1.57 +7.91%
MGM Resorts Intern… CAPS Rating: ***
MPEL $20.98 Up +0.81 +4.02%
Melco Crown Entert… CAPS Rating: ****
WYNN $101.63 Up +0.83 +0.82%
Wynn Resorts, Limi… CAPS Rating: ***

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