SOURCE: StockCall

StockCall

March 31, 2011 09:18 ET

Analyst Research on MGM Mirage and Melco Crown Entertainment Ltd. -- Lower Consumer Confidence Weighs on U.S. Resorts and Casinos, Macau Keeps Rolling

JOHANNESBURG, SOUTH AFRICA--(Marketwire - March 31, 2011) - www.stockcall.com/ offers investors comprehensive research on the Resorts & Casinos industry and has completed analytical research on MGM Mirage (NYSE: MGM) and Melco Crown Entertainment Ltd. (NASDAQ: MPEL). Register with us today at www.stockcall.com/ to have free access to these researches. 

With increased oil prices translating into higher prices at the pump and increased food prices being seen in supermarkets, U.S. Consumer confidence took a tumble in March, as these trends deflated consumer sentiment. Lower consumer confidence is not a positive sign for domestic resorts and casinos companies, as the population tends to hold more tightly to their money during these times. Register now at https://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the Resorts & Casinos industry.

www.stockcall.com/ is an online platform where investors doing their due-diligence on the Resorts & Casinos industry can have easy and free access to our analyst research and opinions on MGM Mirage and Melco Crown Entertainment Ltd.; all investors need to do is register for a complimentary membership at https://stockcall.com/development/stockcall/page.php?name=register.html

Companies with operations in the U.S. such as MGM Mirage have been trying to increase their exposure lately. MGM Mirage announced a partnership with sbe that will broaden their rewards program to include sbe facilities. Investors looking for free research on MGM Mirage are welcome to sign up at www.stockcall.com/MGM310311.pdf for our new report. 

While domestic resorts and casinos companies look for ways to increase sales, those with holdings exclusively in Macau, such as Melco Crown Entertainment Ltd. have been recording strong profits. 4th quarter net revenue for Melco Crown was more than 90% higher than the same period last year. Other companies that have operations in the area, such as MGM Mirage, are also hoping that their Macau holdings will provide a boost to revenues and profits moving forward. Investors looking for complimentary research on Melco Crown Entertainment Ltd. are welcome to sign up at www.stockcall.com/MPEL310311.pdf for our new report. 

Visit www.stockcall.com/ to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

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