Macau’s casinos roar back – Intelligent Investor
The recovery of gaming revenue in Macau continues. Unfortunately shareholders in Crown Resorts (ASX: CWN) wont benefit. No plan survives contact with the enemy is oft-quoted in military circles (albeit with many different attributions). Much the same can be said about investment cases, such as our April 2015 Buy recommendation on Crown Resorts (ASX: CWN). (For…