SOURCE: The Bedford Report

The Bedford Report

March 25, 2011 07:35 ET

Las Vegas Sands and MGM Resorts to Benefit From Growth in Global Gaming

The Bedford Report Provides Analyst Research on Las Vegas Sands and MGM Resorts

NEW YORK, NY--(Marketwire - March 25, 2011) - With Macau revenues still surging, gaming companies with presence in the region continue to receive the thumbs up from the analyst community. Back in 2006 the tiny island of Macau surpassed the Las Vegas Strip as the world's gambling core after the government allowed overseas casino operators to enter the region. With Vegas still posting disappointing numbers, casino operators have started to look elsewhere for possible revenues comparable to Macau. The Bedford Report examines the outlook for companies in the Resorts and Casinos Industry and provides research reports on Las Vegas Sands Corporation (NYSE: LVS) and MGM Resorts International (NYSE: MGM). Access to the full company reports can be found at:

Currently Las Vegas Sands is seeking land to expand its casino in Singapore. Last April Las Vegas Sands opened the lucrative Marina Bay Sands integrated resort in Singapore. Marina Bay has only one competitor in the region and has received more than 11 million visitors since it opened.

Las Vegas Sands is also in talks to build a gaming, hotels and leisure project in Spain costing $13.6bn-$20.4bn. Sands CEO Sheldon Adelson says the company wants to do a "mini-Las Vegas" in Europe. "I hope we could use the name 'Europe Vegas' or 'Euro-Vegas' or something," he said.

The Bedford Report releases regular market updates on the Resorts and Casinos Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous analyst reports and industry newsletters.

MGM's Chairman and Chief Executive Jim Murren is confident that Las Vegas' fortunes are turning around, claiming "the recovery that has been long awaited and frustrating in its timing is gaining momentum." MGM reported a loss of $139 million, or 29 cents a share, for the fourth quarter, compared with a loss of $433.9 million, or 98 cents a share, a year earlier.

The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at

Contact Information