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nlightn

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nlightn

Re: None

Friday, 10/31/2014 7:21:11 AM

Friday, October 31, 2014 7:21:11 AM

Post# of 363758
Jim Chanos warns on Macau

Hedge fund manager Jim Chanos expects a profit squeeze in Macau as capacity outraces demand for casinos in the region.

> "I think the estimates are going to come down huge," warns Chanos.

> Much of the debate on Macau is focused on if the additional capacity coming online will lead to new mass market traffic or cut into room rate dramatically.

> Macau related stocks: MPEL, MGM, WYNN, LVS,

invest at your own risk, based on your own due diligence, at your own risk tolerance

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