CG: Major Opportunities in the Hospitality and Gaming Industries
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 31 January 2017
⏱️ 26 minutes
🧾️ Download transcript
Summary
Will Airbnb launch its IPO in 2017? Is Macau officially on track for a recovery? Will Japan eventually become the new casino capital of the world? Fool.com contributor Seth McNew shares his insights after traveling through the regio
Transcript
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| 0:00.0 | Welcome to Industry Focus, the podcast it dives into a different sector of the stock market every day. |
| 0:06.4 | This is Vincent Shen. |
| 0:07.6 | Thanks to all the fools out there tuning in. |
| 0:09.6 | It is Wednesday, January 25th, and we are pre-recording this episode to take advantage of the fact |
| 0:14.4 | that Full.com contributor Seth McNew is here in DC this week and in studio with me right now. |
| 0:21.6 | Seth, welcome back to Industry Focus. How has 2017 been treating you so far? |
| 0:25.2 | Thanks a lot, Vince. It's been good. I just got back from a long trip in Asia, so I'm excited to be back in the States. |
| 0:30.0 | Yes, and we will hear a little bit about that. |
| 0:32.6 | Where did you go? |
| 0:33.6 | I went a few places, so I started in Tokyo and then on to Macau. |
| 0:38.0 | Okay, excellent, and that Macau leg of your trip is what we will be talking about a little bit but even |
| 0:45.2 | Tokyo too will play into it towards the end of the show because today we are talking |
| 0:48.8 | about hospitality gaming and a few developments with a notable former startup upstart and then also a kind of |
| 0:58.9 | of outlook for gaming and how some of the new resorts in Macau have been performing and what you've seen |
| 1:06.0 | firsthand from your trip. |
| 1:07.8 | So for our first topic, we'd like to revisit Airbnb a little bit. |
| 1:10.8 | I actually was surprised to find that we haven't really covered the company |
| 1:16.0 | substantially at least since 2015, summer of 2015. Of course they are still, they have not gone through their IPO yet, but it's |
| 1:24.6 | building some of the rumors are building up that 2017 is going to be the year |
| 1:28.1 | after 2016 amounted to a rather slow year for Silicon Valley IPOs. |
| 1:33.8 | So Airbnb though, just in case for anyone who hasn't used a service, quick overview what it is, |
| 1:40.4 | you know, what they do. |
... |
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