$WYNN First blush: WYNN heavy reliance on VIP was a major ouch this Q -- VIP was whacked in Macau for them -- missed ebitda estimates by well over $100m! surprised to see them suck hind teet nonetheless... those numbers are worse than Crown's 46% drop in VIP down under. lolz Seems clear that U.S. pm mgrs/analysts have extrapolated those lousy numbers to the group as they called in for updates to their "modeling" over the last few days. Someone ought to remind the shite analysts and weak sauce buysiders that $MLCO and $LVS both have far less than 10% of their revs coming from VIP these days, and MLCO just reported an excellent Q on their premium mass and mid tier mass growth at EVERY property on macau (8 different properties incl the 5 Towers -- incl new Morpheus -- at City of Dreams.
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