“These days it seems hotels can charge almost whatever they want for a room. The industry has become an oligopoly, and all the major players are doing well.”
“As much as we think Las Vegas Sands shares will trade up as Macau continues to show strength we also note that the market's volatility is wide and investor and operator experience remains relatively low. Questions will likely linger about new supply impact and cause volatility in Las Vegas Sands shares ... but we continue to feel confident that Sands Macau can increase market share.”
“It is hard to see what will be the next target, but given the high amounts of capital interested in these types of assets, other transactions could follow.”
“This year's survey showed that competition in the slot market is as competitive as it has ever been. This is a major concern considering the lack of new sales opportunities in the market over the next one to two years.”