Melco Crown (MLCO 1.04%) is the latest gaming company to consider paying a dividend after its board of directors recommended paying both a special and regular dividend. If approved, it would join Wynn Resorts (WYNN 1.72%) and Las Vegas Sands (LVS 0.59%) as dividend-paying gaming stocks.
This is a huge shift from just a few years ago, when companies were drowning in debt and used junk bonds just to expand operations. But Macau is such a cash machine that it can pay back investors with dividends and investors can rely on the income long-term.
In the following video, Fool contributor Travis Hoium covers what Melco Crown's dividend might look like and why dividends change how investors should look at gaming stocks.