Las Vegas in Asia

During the long weekend I went to the entertainment capital of the world - Las Vegas. This metropolis stood in the middle of no where in the hot desert yet attracts millions of visitors every year. Visitors around the world come not only to gamble but also to enjoy fine dinings, luxury hotels and world-class shows.

At the other end of Pacific Ocean, a tiny land of 11 square miles or less than one tenth of the size of Las Vegas (132 square miles), Macau is in the path to become the entertainment capital or the Las Vegas in Asia and actually has surpassed Vegas last year as the world's largest gambling center. Soon Cotai Strip of Macau could be as popular as the Las Vegas strip as Las Vegas Sands Corporation(LVS) opens the luxurious Venetian Macau Resort at the end of August.

Other major players in the Cotai Strip includes STDM owned by Hong Kong billionair Stanley Ho as well as other Las Vegas entertainment giant MGM Mirage (MGM), and Wynn Resort (WYNN). Another Hong Kong based company which plans to build casinos in Macau is Melco PBL Entertainment LTd. (MPEL) .

So in short to ride on the Macau Gambling wave, you want to invest in the following stocks:
LVS, MGM, WYNN and MPEL.