Thursday, February 5, 2015

Marc Faber likes Macao gambling stocks

Only 1% of Chinese have been to Macau. About 10% of Americans have been to Las Vegas at least once. If 10% of China’s residents go to Macau, that is huge volume. More facilities will be built. Macau is going to be a huge success. In the next six months, I would accumulate some Macau-related gambling shares.