Gaming and Leisure

November 30, 2012

Topics covered: U.S. Regional and Emerging Market Hospitality, Rates and RevPAR Trend Upward, Macau VIP and Mass Market Gaming, Hotel Occupancy, Gaming Opportunities In Asian Markets

Companies covered: Shuffle Master Inc., International Game Technology (NYSE:IGT), Penn National Gaming, Inc. (NASDAQ:PENN), Melco Crown Entertainment Limited (NASDAQ:MPEL), Las Vegas Sands Corp. (NYSE:LVS), Isle of Capri Casinos, Inc. (NASDAQ:ISLE), Marriott International (NASDAQ:MAR), Intercontinental Hotels Group (NYSE:IHG), Host Hotels & Resorts, Inc. (NYSE:HST), Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT), Wynn Resorts, Limited (NASDAQ:WYNN), Royal Caribbean Cruises Ltd. (NYSE:RCL), MGM Resorts International (NYSE:MGM), Carnival Corporation (NYSE:CCL), Century Casinos, Inc. (NASDAQ:CNTY), Bally Technologies, Inc.

Buy ($175)