In Tuesday’s Blitz Daily, we’ll take a look at casino and resorts company Las Vegas Sands as gambling hub Macao reveals new regulations for its gaming industry.
Some fantastic flow hit the tape Tuesday, including one of my favorite names in the overall market!
Travel and casino names like Wynn Resorts and Las Vegas Sands got crushed on news that Macao will place restrictions on its gambling industry. Shares are down more than 10% and the big swingers are out in force, buying LVS call options as the stock bleeds lower.
Bets were flying fast and furious as the whales dropped some serious cash on these names...
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