"ASPZ is the only pure Macau gaming play, unlike the Sands or Wynn, as well of the $10.8 billion generated from gaming and gambling activities in Macau from Jan to Sept 2009, 87% were from baccarat tables which are the primary gaming tables at the VIP clubs at the StarWorld Hotel."
What you say may be true. But, if so, ASPZ owes its shareholders an explanation of what happened to the exotic real estate holdings we saw pictured on its web sites and described in its announcements.
Are you suggesting that these prime asian real estate holdings were somehow traded for the StarWorld gaming interest?
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