$lvs

Macau GGR up 19%

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Inside Asian Gaming is reporting that Macau gross gaming revenue was up 19% in June. Some think that much of the increase was due to performances by Jacky Cheung. If so, that’s great. The government specifically asked the integrated resort concessionaires to increase non-gambling revenue. Looks like that’s happening.   Information contained in this report, … Read more

Weekly Points – January 10th, 2024 – 5 Things to Know in Investing This Week – The Currency and Debt Problem Issue

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This week, there was a lot of focus on potential financial stress. We’re seeing higher credit card delinquencies, higher commercial real estate delinquencies, and an increasing reticence of foreign central banks to hold more dollars. Despite Fed rate cuts, both housing prices and mortgage rates have continued to rise making homes even more unaffordable. Estimates … Read more

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