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Fly News Breaks for August 18, 2015
WYNN, MPEL, MGM, LVS
Aug 18, 2015 | 07:13 EDT
After conducting channel checks, Bernstein estimates that the region's GGR will fall 37% year-over-year in August. However, the firm continues to expect the region to bottom by the latter part of the year before rebounding in 2016, driven by the growth of mass gambling. 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.