Published at: www.reviewjournal.com
COMPANIES ARE EXPANING HOLDINGS IN MACAU
February 16, 2007
This is certainly not a concept that is hard to understand. Expansion where the profit picture is beyond what was expected leads to more of the same. In this case, Wynn Resorts, Venetian (Sands) and MGM are planning new properties. Some are already under way. Makes good business sense - hard to look at this move with a jaded eye. The financial impact for these companies are enormous for the side of the ledger that shows figures in the black...