MORNING LINE: Time weighs in
The title of the article in Friday’s online edition of Time magazine is: “Dark Days Ahead For Macau, Asia’s Las Vegas.” Gaming stock investors must decide for themselves whether they have the stomach to read it.
A potential bright side: A Credit Suisse analyst predicts Macau’s gaming profits will jump 16 percent in 2010. All the companies have to do is survive to 2010.