SOURCE: The Bedford Report

The Bedford Report

September 08, 2010 12:00 ET

Analyst Research on Las Vegas Sands (NYSE: LVS) & Wynn Resorts (NASDAQ: WYNN) Available Free at BedfordReport.com

Note to Editors: The Following Is an Investment Opinion Being Issued by The Bedford Report.

TORONTO--(Marketwire - September 8, 2010) -  The Bedford Report's team of analysts is looking at the Resorts and Casinos industry and has issued Analyst Reports on Las Vegas Sands Corporation (NYSE: LVS) and Wynn Resorts Ltd. (NASDAQ: WYNN). Access to the full company reports can be found at www.bedfordreport.com.

This year Casino and Gaming companies have relied heavily on strong performances in Macau to offset weak performances along the Las Vegas strip. While not all companies have operations in Asia, those that do, such as Las Vegas Sands and Wynn Resorts, are expected to outperform peers due to the better supply/demand fundamentals, strong economic growth, and increasing transportation investments in Macau.

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We are optimistic about the strong growth potential Las Vegas Sands' recently opened Marina Bay Sands in Singapore. The opening of the Marina Bays Sands should enable LVS to capture significant revenue in 2010. Marina Bay will have only one competitor in Singapore, and we expect it eventually to capture more than half of a $7 billion gaming market. The Marina bay Sands is projected to be one of the finest gaming resorts in the world. LVS has poured billions of dollars into the project that just a short time ago some analysts believed would not be completed because of the economic recession and credit meltdown in the US. Las Vegas Sands said it expects to make back its $5.5 billion investment in Marina Bay Sands in five years. LVS believes the casino will generate $1 billion in profit annually.

Investors can get copies of the full analyst reports on Las Vegas Sands and Wynn Resorts by registering for free at www.bedfordreport.com.

The Bedford Report has not been compensated by any of the above mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: http://www.bedfordreport.com/disclaimer.php

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