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

Equity Bottom-Up

<ul><li>Despite strong Q1 2017 results Las Vegas Sands  (NYSE:LVS) remains mysteriously hemmed into a narrow trading range unable to break strongly over $60, hold it and get on the runway to our PT of $70 by mid-year.</li><li>The market is still baking in headwinds long diminished like the junket crackdown, the overblown smoking regulations and cannibalization fears as new supply came on line last fall.</li><li>The looming China credit crisis is real of course, but the Macau customer demographic is so diverse in mass and VIP that a disaster at best could dent the rapidly recovering market not wreck it. </li><li>LVS strengths are among the most powerful in the sector, most critical of which is the sustained quality of management over time. </li></ul>

Despite strong Q1 2017 results Las Vegas Sands  (NYSE:LVS) remains mysteriously hemmed into a narrow trading range unable to break strongly over $60, hold it and get on the runway to our PT of $70 by mid-year.The market is still baking in headwinds long diminished like the junket crackdown, the overblown smoking regulations and cannibalization fears as new supply came on line last fall.The looming China credit crisis is real of course, but the Macau customer demographic is so diverse in mass and VIP that a disaster at best could dent the rapidly recovering market not wreck it. LVS strengths are among the most powerful in the sector, most critical of which is the sustained quality of management over time. 

Is Las Vegas Sands Finally Ready to Burst Out of Its Straitjacket Trading Range?