Information Provided By:
Fly News Breaks for June 30, 2015
WYNN, MPEL, MGM, LVS
Jun 30, 2015 | 12:44 EDT
Brean Capital noted that a Chinese press release appears to state that Macau will re-lengthen transit visas back to 7 days from 5 days, effective July 1, which is good news for those in the Macau gaming space. The firm also noted speculation that the government also plans to allow Mainland Chinese visitation twice a month, which would be up from the current restriction of once every two months, but cautions it has found nothing to substantiate this rumor and would be very surprised if it were true. Publicly traded companies in the Macau gaming space include Las Vegas Sands (LVS), MGM Resorts (MGM), Melco Crown (MPEL) and Wynn Resorts (WYNN).
News For LVS;MGM;MPEL;WYNN From the Last 2 Days
LVS
Mar 18, 2024 | 10:15 EDT
Bearish flow noted in Las Vegas Sands with 3,077 puts trading, or 3x expected. Most active are 3/22 weekly 49.5 puts and 3/22 weekly 50 puts, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 3.42, while ATM IV is up nearly 2 points on the day. Earnings are expected on April 17th.