las vegas sands gets less than 16% of revenues from las vegas, singapore is bigger than las vegas but macau is the bulk of the story, they have done more than $40 billion in gaming revenues. only thing is you see at the upper right-hand corner in yellow, there actually aren't going to be new casinos online until 2015 at the soonest. so basically what we have is a supply constrained market over there. and you can see that in how much they are actually getting to bill for their hotel rooms. you can see it in their occupancy rates, which are higher than they are in las vegas. so this is kind of the ideal situation for the casinos, i think that is one of the reasons we're seeing these things. it's not just the growth in revenues, they are starting to trade at higher multiples, the expectations is that strength in the gaming industry will translate into significantly higher margin. >> what's your trade? >> the thing is all these stocks we're starting to see the options premiums declined a great deem. when they're getting cheap, the only thing you can do is go out and buy them. i'm looking

las vegas and in mckau. shares of wynn resorts up 7% in the last three trading sessions and then las vegas sands up 6% during that same span as well. the larger u.s. listed international players have been faring well given a robust november climb in mckau and doesn't hurt when las vegas sands gets a credit rating upgrade from s&p from a junk status company to investment grade. melissa, las vegas sappeds really kind of helping to power these casino stocks this week. >> thanks for that. so can the hot streak continue at this point? call to the charts and find out the man who counts his cards in his sleep, carter of oppenheimer. >> yes. the relative strength is what's important when the week was very poor until today, these stocks acted well all week long. let's take a look at a few charts. las vegas sands one year chart, what's important about this, basically a dead asset for quite some time that has come to life in a big way and orderly way. nice regular uptrend. the implication this throws to about 80. we closed today around 75, 76. take a look at it another way. the same uptrend, same chart but this breakou

. >>> standard employees upped the credit rating on las vegas sands. they did not quite lift the stock to investment grade but predicts a stable outlook for the world's largest casino. that sent shares up almost 4% to $74.51. >>> the famous shorts seller, jim chanos, a -- healthcare.gov. reports of the short against the tech firm sent its shares down more than 3% to $34.99. >>> and the nation's largest dealership chain, auto nation reported a 13% gain in new vehicle sales for november. demand for domestic import and luxury cars rose by double digits. they say black friday powered the sales gain. >> if you look at the saling rate for the industry of annual and compare that to a selling rate of 15 million 2 for september and october, you see we really needed a big black friday, and we got it. >> and the stock jumped nearly 3% to $50.21. tyler? >> a new report from experian shows how americans are paying for all those new cars and pickup trucks we've been buying, with loan rates so low, new car buyers are taking out bigger loans with longer pay back perio

. >> and an exclusive interview with the las vegas sands billionaire. he talks about the future and why he is not lacing his bets online. online.ng his bets good morning. welcome to "the pulse." we are live from bloomberg's european headquarters in london. >> we begin with a deal between apple and china mobile. after six years of negotiations, the two companies have struck a negotiation -- struck an agreement. us withine high joins the details. it has been a while coming. >> six years of haggling and finally, apple is able to access a customer base that is more than double the population of the united states. 1.2 billion. this is a big gap in the distribution of the apple iphone. they have already been in china since 2009. but via the second-largest carrier, china unicom. finally, the deal is sealed with china mobile. just below two thirds of the market they currently control. the customers7, can lay claim to an iphone 5c or 5s. >> what sort of sales growth are we likely to see? >> morgan stanley says this could add 12 million iphone sales for apple in

he signed on to help promote las vegas sands and hot spot at matow.redibly popular in that region. they helped cast in on that to promote casinos in mainland china where gambling is illegal. >>> unhealth kwy move by market they may be tracking your health status and tracking the flu. they project when there will be a lot of sales and no one showed up in the stores. >> what it means if you are taking to the internet to research or complain about having flu like symptoms you can expect to see more ads coming your way for flu related products. not just on the internet. marketers were companies for things like tish susues and col remedies are tracking food outbreaks across the country. they roll out in several platforms in those areas like i said at just the right time when people are starting to feel symptoms but haven't already ro loaded up on rival products. according to the wall street journal many p cans track reports for certainties of disease control and prevention to get the weekly read on the number of people seen for doctors upper respiratory il

las vegas sands, another big winner today. that sent the stock up more than 60% this year. overrated, underestimated? b.k.? >> you know, b.k. would usually say a stock up 60% would be overrated, but i'm going to go underestimated on this. >> really. >> here's y.relative to it peers it's priced fairly well. it has a lot of growth potential. we also have the emerging markets potential in there. people have certainly said now you'll have online gaming in new jersey. that really hasn't mattered. everybody wants to go to the big resort, big hotel. when you price it against other hotels like a marriott, something like that, still looks fairly good so here i'm going underestimated. >> let's see our chart of the day, ten-year treasury yield touching 2.5%, just ahead of friday's jobs report. this has hey lost implications, obviously. first and foremost, housing, interestingly, it was down today. josh? >> the home builders have become really tough to own as mortgage finance activity slows down, new home starts slow down. that whole complex is probably not where you want to focus new

i like las vegas sands more.t a winner but i think you ought to trade up to an even bigger winner, lvs. one day wynn will go back to take that mantle. let's go to brad in north carolina. brad? >> hey, jim, duke blue devil greetings from north carolina. >> i like that freshman. that guy has game. >> absolutely. alxn, alexion pharmaceuticals. >> we looked at that many times and think the stock is good. maybe give it some room but i like alexion. how about carol in new jersey? carol? >> hi. happy holidays, merry christmas, jim cramer. i was wondering about ntsb. >> you know we like it. we think they've got beat. francois has been on the show a number of times and has convinced me he's got a long-term growth path. i trust him and i don't want to leave the stock. he's from new jersey, by the way. let's go to gene in new mexico. >> boo-yah, jim. this is gene in new mexico. my question concerns go-go. >> it's the second call from new mexico. i got to tell you, gene. we liked the stock in the early '20s. it then moved up

. >> and an exclusive interview with the las vegas sands billionaire.e and why he is not lacing his bets online. online.ng his bets

already got five resorts in macao and that accounts for more than half of the revenue than the las vegas sandswns more than half the stock but he is building more resorts and that would take him to a total of eight. he is resigned that the eighth one will be the last. can support as many resorts as there is land for. there is no more land left. on which they can put resorts and if it will stay in the same area. acronym for the names of two islands. that is the name of the area. that land is rapidly being used up. we have reclaimed the land. we filled it with the sand and compacted it and put him pilings. they go down almost one -- almost 300 feet. it goes between 35 and 100 meters. there is not very much more. most of the land is already been given up. there is an adjacent island that is maybennel 100 yards away, if that. you couldactually -- stand on one side and yell to the other side and someone could hear you. that is the mainland of china and the mainland of china will not allow gaming facilities. the gaming portion ofmacao, i think, has reached its limit. unable to take any more casinos,

>> we would recommend las vegas sands. here -- gray great hair except me. to be highly protectable cash flow. in your world, richard, are the cash flows as predictable as they have always been? thereuming the revenue is , the cash flows -- >> lockstep. >> pretty much. we are at a point where cash flows, profits, are going to be growing at a greater pace than revenue because of what we call operating leverage in the business. after a certain point in revenue, the profits kick in. >> how do you feel about the casinos popping up, whether it is in cleveland, delaware, boston? could one say it is getting saturated? i was there the day they opened the horseshoe casino in cleveland. to me it did not feel like a booming business. is good,ental growth but at a certain point you face economic saturation. the risk that comes with that is cannibalization where you have new casinos stealing business from existing casinos. >> i agree with brian. it is not an open secret at this point. every jurisdiction that legalizes, you have a neighboring jurisdiction fighting for the

las vegas sands, s&p 500 raised from triple b minus to double b plus raising it from junk bond to assethe last you'd expect to praise investment fund index of fund pioneer jack bogle, founder of vanguard but his latest outlook does just that. bill gross joins us now. >> hi, kelly. nice to see you. >> nice to see you, too. if you read through the investment letter you just wrote, it's interesting. you talk about how you're worried financial conditions are generally bubbly, not sustainable, not going to end well. does this have something to to do with this move or admiration, almost, for passive index fund strategies? what's going on here? >> not really. you know, jack bogle's logic speaks to the market not being able to outperform itself. we know common sensicly that's true. index funds do better than the average mutual fund and the average fixed income investor. you know, what the exception is why i'm at liberty to talk about this is jack bogle himself a few weeks ago said there was the pi pimco exception. i thought he meant pimco has been able to beat vanguard. we're on the same team i

las vegas sands just being one of them. i was on a panel recently. women -- or one of the efforts to drive more women onto the boards is to reach below -- the excuse is there haven't been enough women ceos. as a solution, a number of people are saying let's look a level below. is there anyone who runs a major -- you know a part of a major corporation who would bring valuable insights to any board. that's a trend we should be keeping watch on. >> europe has been quite proactive on this front. they instituted quotas and mandates for threshold of females to be involved. mary i can ask you, what do you think? is it because there's a supply problem or a demand problem? what seems to be the reason rye there's not more participation on these boards? >> i would say it's certainly a supply problem, not a demand problem, because any board would say they'd want more diversity on there. now, whether or not it's just lip service or they pay attention to it you ask anyone involved in any corporate board searches they say, yes, they want them. the problem is when t

. >> check out las vegas sands hitting a 5 1/2-year high. bb plus. the outlook is stable. the bottom line, it is now an investment grade credit rating versus the high speculative or junk credit rating. that's why you're seeing shares pop up to at least the session highs. back to you. >> thanks, tom. >>> one of pandora's rivals is turning up the volume when it comes to the idea of going public. shazam likes the sound of it. we'll talk to the ceo. also, rick san telly in chicago. rick? >> you know, what happened in detroit yesterday is important from a legal standpoint, important when you're in a city like i'm standing in, chicago, with underfunded pension liabilities. it's a horrible scenario for those pensioners. but we're going to talk to holman jenkins jr. if it's wednesday, he's writing an op-ed column in the journal. he's written in on detroit. let's get his opinion, bottom of the hour. charge of your future. your retirement. ♪ ameriprise advisors can help you like they've helped millions of others. listening, planning, working one on on

sands corporation. the first hotel casino that i stayed in as a young man when i went to las vegas for the first time was the old sands. and just last year, i held a political fundraising event at the venetian, which i believe is a property of this current sands corporation. and so i have great respect for the company that you represent. ms. schakowsky pointed out in her questioning some advertising material. i'd like to put that up on the board. up on the screen. the cantor gaming, which is a vendor of sands and does the venetian. has -- on that particular slide right there, is there anything you can't do on a smartphone or tablet nowadays, mobile casino gaming is available to you on property during your stay. you can even play from your room. and then the next one, which is, again, at the venetian. it talks about their sports book that you can wager from anywhere in nevada. now, i want to be fair on the first slide about the gaming. it does not allow you to play poker from your room for some reason. you can do slots or roulette or wheel of fortune or whatever, but i'd like to hear your comments on this

sands corporation. the first hotel casino that i stayed in as a young man when i went to las vegas for the first time was sands. and just last year, i held a political fundraising event at the venetian, which i believe is a property of this current sands corporation. and so i have great respect for the company that you represent. ms. schakowsky pointed out in some stioning advertising material. i'd like to put that up on the board. up on the screen. he cantor gaming, which is a vendor of sands and does the venetian. has -- on that particular slide right there, is there anything ou can't do on a smartphone or tablet nowadays, mobile casino gaming is available to you on property during your stay. you can even play from your room. and then the next one, which at the venetian. it talks about their sports book that you can wager from anywhere in nevada. now, i want to be fair on the first slide about the gaming. it does not allow you to play poker from your room for some reason. you can do slots or roulette or wheel of fortune or whatever, but i'd like to hear your comments on this because what you're adverti