When people mention the word "Vegas" many things come to mind, such as sin, gambling and money, Jim Cramer said on his
"RealMoney" radio show Thursday.
But that's not the only place to make money -- there's also Macau, located on the east coast of China, he said.
But, for the first time since Macau has become such an invested area for U.S. gambling companies, Cramer said he is worried.
which owns 19% of the market, recently said in a call that Macau visitors don't care about luxury and square footage; all they are concerned with is gambling, he said.
Cramer wants market players to "be cautious" of
Las Vegas Sands
, the two main players in this field.
He said he would take a little Las Vegas Sands, which is up 100% year over year, off the table and sell Wynn.
Although the gambling space is "really bad,"
International Game Technology
, which Cramer owns for his charitable trust
Action Alerts PLUS, is a good way to play the sector.
The stock, which hit its 52-week high on Wednesday, is levered to new casinos being built, he said.
Every week readers of
vote on the stock they most want Cramer to talk about. This week's "Cramer on Demand" stock was
Yum! Brands, which has "long been a favorite on this show," has franchises, such as Pizza Hut and Kentucky Fried Chicken, which are not just popular in America but also in Europe and Asia, Cramer said.
"Yum! Has been the greatest growth story with KFC in China, along with
," he said.
Cramer called it a cheap stock and gave it "two thumbs way up."
To see the most recent edition of The RealMoney Radio Recap in its entirety, please click here. This recap is published every day around 3 p.m. ET.
At the time of publication, Cramer was long International Game Technology.
Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for
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