Union gaming...lower gross gaming for gaming operators, not neccesarily low profits, actually the opposite.
Union Gaming Research noted that lower gross gaming revenue during the Lunar New Year period did not necessarily mean lower profits for gaming operators.
“Given the continued positive mass market inflection, it is important to keep in mind the significantly higher profitability associated with this segment,” Macau-based analysts Grant Govertsen and Felicity Chiang wrote yesterday in a note.
“Throughout the Chinese New Year period, we witnessed table minimums on general mass market floors were generally in a range of 100 percent to 300 percent higher than normal levels,” they added.
The higher table minimums had much to do with the substantial increase in mass market visitation coupled with the small number of new gaming tables that have been authorized since 2012's Lunar New Year holiday. S
Why 'strong buy'?
The only chance it can close green is that it has had straight 7 days losing streak.
It looks bad. All news are good for Sands, but the 2 rumors kill it all.
When LVS mon'keys start selling, they stick together and just sell sell sell.
Notice all those pumpers are now in put.