3 Reasons to Buy Melco Crown

By Travis Hoium – May 28, 2013 at 4:03PM

NASDAQ: MLCO

Melco Resorts & Entertainment

Market Cap

$3B

Today's Change

(0.49%) $0.03

Current Price

$6.20

Price as of April 23, 2024, 4:00 p.m. ET

Melco Crown's growth curve has just begun.

Melco Crown (MLCO 0.49%) has been the big winner of expansion on the Cotai Strip and has two more resorts in the works. A project in the Philippines will open next year, and in 2016 Studio City on Macau will add to Melco's presence in the largest gaming region in the world. Kristen Coia sat down with gaming analyst Travis Hoium to get more insight into the exciting opportunities for Melco Crown.

Neither Kristen Coia nor Fool contributor Travis Hoium has positions in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.