Global Gaming and Casinos Industry Specialist, Casino Business Review LLC

Howard J Klein

I am a 25+ year c-level executive of the casino industry in operations, marketing, international development and strategic planning. Currently, a consultant specializing in the casino space. Industry expert contributor and publisher of a subscription letter called "The House Edge". Extensive experience in marketing and development in the Asian gaming market while a senior executive at Caesars, Ballys Grand and Trump Taj Mahal.
Part of senior executive teams that valued acquisitions and mergers with companies in the casino, hotel, d entertainment rant  and restaurant space.

Global Gaming and Casinos Industry Specialist

Casino Business Review LLC

Extensive experience in marketing and development in the Asian gaming market

Global Gaming and Casinos Industry

Equity Bottom-Up

Melco Resorts & Entertainment / Equity Bottom-Up

<ul>
<li>We calculated the intrinsic value of the stocks is ~30% undervalued at US$6.79 a share.</li>
<li>The strong Manila market recovery and planned on time opening of Cyprus property does not seem to be baked into the price at writing.</li>
<li>Macau travel bans will keep MLCO dead pooled, but value lies in its assets still at work</li>
</ul>


We calculated the intrinsic value of the stocks is ~30% undervalued at US$6.79 a share.
The strong Manila market recovery and planned on time opening of Cyprus property does not seem to be baked into the price at writing.
Macau travel bans will keep MLCO dead pooled, but value lies in its assets still at work


Asia Gaming: Despite Macau Woes, Melco Stock Is Too Cheap to Ignore Now