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Take the Long View on Melco

Stock quotes in this article: MPEL , WYNN , STN  

Editor's note: "Bricks and Mortar" is a series of columns written by real estate reporter Nicholas Yulico meant to help TheStreet.com readers generate real estate and gaming-related stock ideas.

Macau casino operator Melco PBL(MPEL Quote) has been battered this week, but nervous investors should ignore the damage and look longer term.

The Macau casino market is growing at a tremendous rate, and Melco's casinos will eventually take a good chunk of these profits. ...

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