• It's Here!

    Etf Pro

    Get the big financial market moves right, bullish or bearish with Hedgeye’s ETF Pro.

  • It's Here

    MARKET EDGES

    Identify global risks and opportunities with essential macro intel using Hedgeye’s Market Edges.

The Hedgeye Gaming, Lodging, and Leisure team will host a conference call Friday, April 10th at 11:00AM ET to discuss the latest Macau data and our overall thoughts on the market and the stocks.   

 

RELEVANT TICKERS INCLUDE:

LVS, WYNN, MGM, MPEL, 0027.HK, 1128.HK, 1928.HK, 2282.HK, 6883.HK, and 0880.HK.

 

DISCUSSION POINTS

  • The company and market details behind March's 39% GGR decline
  • Summary of our late March Macau trip
  • The true Mass/VIP split is masked by smoking ban related reclassifications of tables - we'll get you the right numbers
  • In terms of YoY declines, the worst could be behind us - but does that mean sequential trends are improving?
  • Revised 2015 monthly market projections
  • Hedgeye company EBITDA estimates vs the Street (LVS, WYNN, MGM, MPEL, and Galaxy Entertainment) - Still below the Street?
  • Research Topic: Why we're a little more positive on Direct VIP

 

CALL DETAILS

Attendance on this call is limited. Please note if you are not a current subscriber to our Gaming, Lodging, and Leisure research there will be a fee associated with this call. Ping for more information.