Gaming

Growth opportunities for Oz stocks; race field fees overplayed; online valuations stretched; subdued consumers; and positive diversifed financials

Low inflation is a problem for some countries; Oz tourism is stagnant; opportunities in gambling are very stock specific; New Zealand’s residential building boom continues.

Michael Gable of Fairmont Equities sees a break-out developing in Echo Entertainment.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. CLSA disputes the competition argument with regard to Tabcorp and instead sees a valuable entry point into a stock set to increase its earnings and dividend yield.

Lukewarm outlook for telcos; GPT and Charter Hall compared; registries reviewed; pressure mounts on wagering; media performs better.

The outlook for Australia’s gaming market is improving but brokers observe there are both winners and losers.

Donaco will open its refurbished casino at Lau Cai in May and brokers are looking at where the opportunities lie.

Echo Entertainment provided a subdued update at the recent AGM as VIP numbers fall away and the Australian consumer remains subdued.

Crown is likely to find solace in its offshore joint venture with Melco as Australian casino earnings look soft.

Competition heats up in Oz insurance, Oz health care players in the US market, the advertising story continues and the outlook for slot machines in the US.