<< Read Full Article

Harrah's Speculation Lights Up Melco

Stock quotes in this article: MPEL , HET , LVS  

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.

Melco PBL(MPEL Quote) shares rose 7% Thursday after an analyst speculated that the company could eventually team up with Harrah's(HET Quote) on a Macau casino.

Any partnership deal would provide a strong boost for Melco, a casino operator that I have as a buy pick in my Bricks and Mortar mock portfolio.

Late Wednesday, Harrah's said it had purchased Macau Orient Golf resort, which totals over 100 acres on the Cotai Strip section of Macau, the Chinese island that is the world's largest casino market. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,388.90 1,105.98 2,194.35 34.83
Oil *
77.74
UP
22.75
UP
6.06
UP
21.21
UP
1.03
10 Yr
3.48%
SPDR Gold
113.75
+0.22%
+0.55%
+0.98%
+3.05%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services