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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 665.67-0.9%Nov 17 4:00 PM EST

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To: Winfastorlose who wrote (144795)5/2/2020 3:08:31 AM
From: SnowShredder  Read Replies (1) of 218907
 
Macau still has travel restrictions, the casinos in Macau were not allowed to layoff their employees. LVS in their conference call stated Macau, then Singapore will recover before Las Vegas. Wearing a mask in Asia a common thing. Social distancing at a high roller baccarat table shouldn't be an issue. If someone is playing that big, there are probably more pit bosses and dealers standing around the table than players sitting. Unless there is a big 2nd wave, I think Macau will be at full steam ahead before it shuts down...bwdik?

Some Wynn execs getting paid in stock this year.

thestreet.com

Some MGM insiders went shopping last month...

nasdaq.com

Rumor has it the NBA and the NHL are interested in finishing their seasons in Las Vegas closed to the public games. A lot of conferences re-scheduled for later in the year or next year, EDC is re-scheduled for October. The NFL is still planning on playing a full season (10 Raider home games?). When Vegas shut down, a lot of cancellations were happening in March. A lot of the casinos were looking at very low occupancy numbers, and they started massive layoffs. A couple casinos were planning on closing, then the Governor told everyone to shut off their machines. Then all of the casinos shutdown. When the Governor give the thumbs up the casinos may or may not reopen immediately. BTW...Most Las Vegas locals don't gamble on the strip too often.

I went long a bunch of gaming stocks and gaming REITs about a month or so ago for the long term...bwdik?
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