VIDEO | Macau: Doubling Down on Bearish Thesis
10/10/14 01:16PM EDT
In this exclusive interview Todd Jordan gives his insights from Macau.
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David and Todd walk thought their 3 pronged negative thesis on Macau gaming (VIP slowdown as a result of a corruption crackdown, Mass deceleration and mass margin contraction) and the threat of further shrinking Mass margins. Todd highlights specific risks for LVS and MPEL and positives Galaxy.
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