Two gaming stocks that can make a push in Japan

We expect Las Vegas Sands and MGM Resorts to benefit from Japan's deregulation in the gambling sector, says Morningstar's Chelsey Tam.

譚綺蘅 20 October, 2017 | 5:00PM

 

 

Chelsey Tam: With Japan having authorized casino gaming in late 2016, we think investors can now benefit from understanding which operators are best-positioned, and the implication for our fair value estimates. We portend that integrated resorts will open in two urban locations: Osaka and Yokohama. We think two regional areas, Nagasaki and Hokkaido, also have a high probability to win gaming license in 2019.

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譚綺蘅

譚綺蘅  譚綺蘅為晨星投資管理(亞洲)股票分析員,主要覆蓋亞洲地區的消費股。