In the following video, Fool contributor Matt Thalman discusses which casino operator he thinks will benefit the most from a stronger Las Vegas economy.
While Las Vegas Sands (NYSE: LVS ) and Wynn Resorts (NASDAQ: WYNN ) are both major players in Macau, MGM Resorts (NYSE: MGM ) is making a big push to grow its base in the Chinese gambling mecca, while it also has a massive footprint in Las Vegas, and the other two have a much lower room count. MGM owns a good portion of the Las Vegas Strip, and as we continue to see average daily hotel room rates rise for the city and increased gaming revenue for the strip, we will see MGM greatly benefit from a recovering American tourist industry and a stronger Las Vegas.
In addition, while Las Vegas Sands and Wynn have the big head starts in Macau, MGM will experience massive revenue and profit increases when it begins opening more properties in that location, while LVS and Wynn will only experience the organic, and slower, profit growth.
Check out the video for more.
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