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The Next Macau?

By Ian L. Cooper

Tuesday Jan 23, 2007

We’ve been bullish on Macau since early 2006, a year where Macau visitor growth soared some 12% thanks in part to a raft of casino openings in the region.  But here’s the best part: That number is expected to soar even more as casino developers rein down on the region where 1.3 million people live within a three-hour flight of Macua and another 100 million people are within a radius of a three-hour drive, according to Macau Business News.  It’s such an explosive region that “From January through November, Macau casinos took in $6.485 billion from slots and table games, beating the Vegas' $6.079 billion… according to Macau's Statistics and Census Service and the Nevada Gaming Control Board,” as quoted by USAToday.com.

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But Macau may not be the only region to benefit from such a gambling boom.  India, too, (with a population of a billion people) could be the next to prosper from gambling initiatives.  In fact, Goa, an Indian beach paradise, is reportedly set to become a gambling Mecca when another three floating casinos begin operating offshore.  Even more exciting, the Asian Poker Classic is bringing poker to India, marking the first major professional tournament in the country.  We could be witnessing the birth of a second Macau in India.

With that in mind, we’re not only bullish on Macau, but India, too.  We’re doing our due diligence on gambling-related stocks that would thrive in India’s bustling economy.  And I have already uncovered several Macau opportunities, such as with RFID and a small $6 company that’s been inking deals left and right -- one of which was with Sony.  Our Macau report, “The Most Lucrative City in the World,” can be found in the “Special Reports” section of the Early Alert Trader Web site.

Sincerely,

Ian L. Cooper, Editor, Early Alert Trader

 

 


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