PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: ECON Corporate Services / InvestorIdeas.com™

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Gaming Industry Stocks Expected to Benefit Long Term from Participation in Macau’s Casino Market - Investor podcast discusses the casino market and growing number of private equity deals with major buy-outs in the works for Harrah’s entertainment and station casinos
Gaming Industry Stocks Expected to Benefit Long Term from Participation in Macau’s Casino Market

 

NewswireToday - /newswire/ - Point Roberts, WA, United States, 2007/04/02 - Investor podcast discusses the casino market and growing number of private equity deals with major buy-outs in the works for Harrah’s entertainment and station casinos.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

GamingIndustryStocks.com (GIS) an investor and industry news portal for the gaming sector, presents an investor podcast with Mr. Dan Ahrens, Portfolio Manager for the Ladenburg Thalmann Gaming and Casino Fund (GACFX), a no-load, multi-cap equity fund that invests primarily in casinos and gaming manufacturers, as well as pari-mutuel, lottery and electronic video game industries. The online interview and podcast takes a look at recent activities within the casino industry with Harrah’s and Station Casinos’ private-equity buyouts, developments in the Macau gaming market, continued domestic gaming sector growth and recent performance of Ladenburg’s Gaming and Casino Fund.

The casino market has been buzzing with the growing number of private equity deals coming into play with major buy-outs in the works for Harrah’s Entertainment and Station Casinos. With private equity firms having a considerable amount of money at their disposal, they are looking to put that money to work and casinos have become recent targets.

“When it comes to casinos, they are starting to be seen as two different types of entities. On the one hand we have an operating company that is providing very good cash flow. Gaming is booming, it has been for years and the ‘take’, the part that the casinos get to keep from the gamblers is very attractive. The second part of the equation is real estate. Casinos have their entire operations based on some of the most valuable real estate in the United States and this is adding value to their stock,” describes Ahrens.

Despite recent pullbacks, a positive factor for gaming stocks has been companies with Far East exposure. One of the largest markets in the Far East is Macau, a region that has attracted considerable investment and attention from many of the major casino players as they expand internationally and has become known as the gambling capital of the world. Despite the flood of companies entering this market and the issues of insufficient infrastructure and accommodations, many including Mr. Ahrens see significant market growth ahead.

As Dan Ahrens explains, “Macau has just overtaken Las Vegas in total gaming revenue, but they are doing it with much fewer properties. Gaming is still in its infancy in Macau. There are many properties that will offer very nice hotel rooms and convention spaces, but have yet to open. These accommodations are going to appeal to a mass market and it is going to get people staying in Macau for longer trips. I see great opportunities for growth in Macau; it is going to be a long term story.”
The domestic market for gaming has also shown considerable potential as new markets continue to emerge. “Year after year we continue to see gaming expansion in the United States. In this past year gaming has recently been approved in Pennsylvania. Additional States are considering bringing gaming in where it has not existed previously and every time we see new casinos being built it is new business for the manufacturers as well,” describes Ahrens.
Moving forward Ladenburg’s Gaming and Casino Fund will continue to focus on domestic and international gaming markets across a variety of segments. “The fund has done well long term and there are some great buying opportunities in gaming stocks so far in 2007. The fund really has a balanced strategy and even though we are invested strictly in gaming stocks, we still like to diversify between U.S. regional casinos and large casinos with significant exposure in the Far East and other areas around the world, as well as between casino operators and manufacturers. In the mix are also some pari-mutuel horse racing companies, some lottery operators and electronic video game companies,” states Ahrens.

About our Gaming Portal

GamingIndustryStocks.com, a portal within the InvestorIdeas.com® content umbrella, does not make recommendations, but features industry and stock news, exclusive articles and financial columnists, audio interviews and Podcasts, investor conferences, Blogs, and a directory of stocks in the sector.

InvestorIdeas.com Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. The Ladenburg Thalmann Gaming and Casino Fund does not compensate InvestorIdeas.com.

For more information contact:
Dawn Van Zant: 800.665.0411
Email: dvanzant[.]investorideas.com

Source: GamingIndustryStocks.com, Ladenburg Thalmann Gaming and Casino Fund.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: ECON Corporate Services / InvestorIdeas.com™

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Financial/Legal/Venture articles,
CATCH Visitors via Your Competitors Announcements!


Gaming Industry Stocks Expected to Benefit Long Term from Participation in Macau’s Casino Market

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Anne-Marie Fleming 
866-725-2554 afleming[.]investorideas.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ECON Corporate Services / InvestorIdeas.com™ securities in any jurisdiction including any other companies listed or named in this release.

Financial/Legal/Venture via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From ECON Corporate Services / InvestorIdeas.com™ / Company Profile


Read Financial/Legal/Venture Most Recent Related Newswires:

Infinera to Participate in Upcoming Investor Conference
Propel Financial Services Partners with Clear Payment Solutions
Digital Payments Power Growth in Booming Asia-Pacific Financial Technology Landscape Notes Frost & Sullivan
Digital Readiness Key to Growth Opportunities in the Financial Services Market
Prairie Capital Advisors Announces The Sale of Cornerstone Treatment Facilities Network to An ESOP
Koch Agrees to Invest Over $2 Billion in Infor
FTI Consulting Recognized as a Top Service Provider in the Legal Industry
GE Completes Spin Off and Demerger of Bank BPH Core Bank to Alior Bank
ALM Expands Senior Leadership Team, Organization Focused on Customers and Transformation
Lazard Acquires Remaining 50% Stake in MBA Lazard - Fully Integrating its Latin American Operations
Western Union Business Solutions Announce Mark Davis As Head of Australia and New Zealand
Tabarak Investment Capital and Elite Capital & Co. Limited in Discussion to Finance Projects
Consulting Magazine Unveils the Profession’s Fastest Growing Firms At Inaugural Gala
Hills Invest Signs An Agreement with The Afore Profuturo in Mexico
TRA Searches for TPA Acquisition Opportunities

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Triggr & Bloom

Visit  JobsWare.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)