Late last year, Japan legalized casinos in the country, opening up a gaming industry that could generate as much as $30 billion a year in revenues and become the second-largest casino market in the world. As several players scout for licenses, Las Vegas Sands (NYSE: LVS) is ready to invest heavily in the region, committing to an initial investment of $10 billion. While this is a significant number, if Las Vegas Sands is able to capture a decent share in the market, it would make sense given the revenue potential of the market. Currently, Macau and Singapore are the largest value drivers of the company, together accounting for more than 80% of its valuation.
The company is heavily dependent on Macau for revenues, and regulation changes in the region have impacted it negatively. At its peak in 2013, Macau’s gaming market had reached a size of $45 billion. However, after stricter regulations imposed by Chinese regulators, revenues started slumping. In 2016, the total amount won by casinos in the region stood at nearly $28 billion. Japan is likely to emerge as a huge market for casinos, with annual revenue estimates ranging from $10 billion to $30 billion.
Top 5 Casino Stocks To Watch For 2018: Marvell Technology Group Ltd.(MRVL)
Advisors’ Opinion:
- [By Peter Graham]
The Q4 2017 earnings report for mid cap fabless semiconductor stock Marvell Technology Group Ltd (NASDAQ: MRVL) is scheduled forafter the marketcloses onThursday (March 2nd). Marvell Technology Groupwas in our SmallCap Network Elite Opportunity (SCN EO) portfolio back in 2013 becauseits fundamental and technical context appeared very attractive at the time and the Company’s products also drive Samsung’s family of mobile devices. Our SCN EO newsletter had noted back in May 2013:
- [By Chris Neiger]
Specifically, GoPro (NASDAQ:GPRO) and Marvell Technology (NASDAQ:MRVL) caught my eye recently. The two companies are hardly pure-plays in the IoT (there aren’t many of those), but each is betting on the Internet of Things in its own way, and each looks a bit overpriced right now.
- [By Lisa Levin]
Marvell Technology Group Ltd. (NASDAQ: MRVL) agreed to acquire Cavium Inc (NASDAQ: CAVM) in a deal valued at around $6 billion.
Under the deal, Marvell will buy Cavium for $40 per share in cash and 2.1757 shares of its stock for each Cavium share.
- [By Lisa Levin]
Benzinga's newsdesk monitors options activity to notice unusual patterns. These large volume (and often out of the money) trades were initially published intraday in Benzinga Professional . These trades were placed during Friday’s regular session.
Top 5 Casino Stocks To Watch For 2018: Lee Enterprises, Incorporated(LEE)
Advisors’ Opinion:
- [By Lisa Levin]
Tuesday afternoon, the cyclical consumer goods & services sector proved to be a source of strength for the market. Leading the sector was strength from Beasley Broadcast Group Inc (NASDAQ: BBGI) and Lee Enterprises, Incorporated (NYSE: LEE).
- [By Lisa Levin]
In trading on Wednesday, cyclical consumer goods & services shares rose by just 0.4 percent. Meanwhile, top losers in the sector included Titan International Inc (NYSE: TWI), down 13 percent, and Lee Enterprises, Incorporated (NYSE: LEE), down 4 percent.
Top 5 Casino Stocks To Watch For 2018: Nuveen Municipal Value Fund Inc.(NUV)
Advisors’ Opinion:
- [By Donald van Deventer]
The latest implied forward rate forecast from Kamakura Corporation shows projected 10-year U.S. Treasury yields differing -0.07% to 0.03% from last week while fixed rate mortgage yields varied by -0.01% to 0.08%. Mortgage yields, determined by the Monday through Wednesday weekly survey of the Federal Home Loan Mortgage Corporation, lag Treasury movements simply because of the 3-day yield calculation used in the Primary Mortgage Market Survey. The 10-year U.S. Treasury yield is projected to rise from 2.92% at Thursday’s close (down 0.06% from last week) to 3.374% (down 0.06% from last week) in one year. The 10-year U.S. Treasury yield in ten years is forecast to reach 4.639%, 1 basis point lower than last week. The 15-year fixed rate mortgage rate is forecast to rise from the effective yield of 3.69% on Thursday (down 0.001% from last week) to 4.222% (down 0.006% from last week) in one year and 6.29% in 10 years, up 0.038% from last week. We explain the background for these calculations in the rest of this note, along with some mortgage servicing rights metrics. The forecast allows investors in exchange traded U.S. Treasury funds (TLT) (TBT), total return bond funds (BOND), municipal bonds (NUV) and exchange traded mortgage funds (REM) to assess likely total returns over the next 120 months. Treasury-related exchange traded funds affected by the forward rates include:
Top 5 Casino Stocks To Watch For 2018: Arcadia Biosciences, Inc.(RKDA)
Advisors’ Opinion:
- [By Peter Graham]
The Q3 2016 earnings report formid cap pet stock agricultural biotechnology Arcadia Biosciences (NASDAQ: RKDA) is scheduled for after the market closes onThursday (November 10th). Last Thursday, our Under the Radar Movers newsletter suggestedthe stockas a short/bearish trade, saying:
- [By Jim Robertson]
Yesterday, our Under the Radar Movers newsletter suggested small cap agricultural biotechnology Arcadia Biosciences (NASDAQ: RKDA) as a short/bearish trade:
Top 5 Casino Stocks To Watch For 2018: Celgene Corporation(CELG)
Advisors’ Opinion:
- [By Todd Campbell]
Keeping tabs on what iconic billionaire investors George Soros, Warren Buffett, and Carl Icahn are doing with their money can help you find new money-making ideas. What have Soros, Buffett, and Icahn been buying lately? According to reports,Celgene Corp (NASDAQ:CELG), Apple Inc. (NASDAQ:AAPL), and Bristol-Myers Squibb (NYSE:BMY)are among the stocks they’ve recently been adding to their portfolios. Since these companies have catalysts that could send shares higher, it might be time to buy them in your portfolio, too.
- [By Keith Speights]
Smart investors will be ready to take advantage of a market pullback, whenever it comes and offers discount prices on great stocks. Three drug stocks appear to be excellent choices to buy on a dip: AbbVie (NYSE:ABBV), Allergan (NYSE:AGN), and Celgene (NASDAQ:CELG). Here’s why.
- [By WWW.THESTREET.COM]
Originally published Nov. 17 at 3:41 p.m. EDT
The consideration of the contrary has been a theme all week. And here in ” Don’t Run With the Crowd: Embrace the Contrary.” Miami madness (of a real estate kind) Mark Grant is scared by our currency’s strength. Danielle on scenarios. Boockvar to subscriber Bad Golfer! JC Penney ( JCP) short puts–a 100% win. (Shorting options frequently ends differently!) Just say no to closed-end muni-bond funds. DRYS is all wet. Could iPhone manufacturing be coming back home? On inflation breakevens–a picture that speaks volumes. The market moved higher from the “get go”–in large measure it seems to be a response to the better economic data this morning. At 3 p.m. stocks were near the day’s highs. I shorted The Cisco Kid last night. Sticking with this short rental. I added to my ProShares UltraShort S&P500 ETF ( SDS) long (growing ever larger). My net short exposure–is now between small and medium-sized at the close. The U.S. dollar, as discussed above, continued to rip higher against the euro. I am concerned. Mark Grant is concerned. The market is not concerned. The price of crude oil (down $0.20) settled lower after yesterday’s robust gains. Gold fell $9 as it continues to break down–closing in on $1,200. Ag commodities: wheat up $0.07, corn up $0.04, soybeans up $0.05 and oats up $0.02. Lumber up $7 following the big housing number this morning. Bonds schmeissed … iShares Barclays 2
- [By WWW.THESTREET.COM]
Position: Long GLD small, bonds, SDS; short TLT small, SPY small .
