“2014 will be a structurally good year for Macau, as it should enjoy continuous demand growth while seeing no major supply growth (except Macau Legend’s Harbor View, which could feature up to 139 gaming tables, 200 slots and 444 hotel rooms),” the analysts added.
The Market Vectors Gaming ETF has a 15.9% weight in China. The U.S. makes up the majority of the fund’s country exposure at 43.9%. Looking at the ETF’s holdings, LVS is 8.3%, WYNN is 8.7%, MGM is 4.2%, MEPL is 4.5%, Wynn Macau is 4.3% and MGM China is 3%.
Market Vectors Gaming ETF
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Max Chen contributed to this article.