One of the most significant events in the world of Mixed Martial Arts will take place tomorrow, Saturday, October 6, 2018. Most, even those not into sports, heard about this one. The bout between Irish fighter Conor McGregor and his Russian counterpart Khabib Nurmagomedov has been talked about for the last six months and tomorrow many will stay up to watch it. Coverage starts at 7:00 PM local in Las Vegas, USA (5:00 AM Sunday morning Moscow time). We are not exactly close to MMA and full contact combat, but we have all major trading vehicles of the New World in our trading platform.
Las Vegas Sands
The company owns casinos, hotels, and resorts in Las Vegas. Founded in 1988, it is the world’s largest casino with the net profit of over $2.9 billion. The company IPOd in December of 2004. The owner of Las Vegas Sands, Sheldon Adelson, (according to Forbes magazine) is one of the wealthiest people in the world. LVS shares are part of Russell 1000 Component index and as of this writing trade around $60.
MGM Resorts International
It is a global hotel and entertainment company that operates resorts in Las Vegas, New Jersey, Detroit and other regions of the country. It is part of S&P 500. Despite the lower share price, around $30, the company is confidently moving forward, acquiring businesses, sports teams and perennially growing its headcount. You can buy MGM shares with 1:4 leverage.
Caesars Entertainment Corporation
The corporation operates over 50 casinos and hotels, seven golf courses, in 2010 purchased the world-famous Planet Hollywood restaurant chain. Caesars was the last of the group to go public, listing its stock in February of 2012 with an initial price of just over $14. The stock peaked about two years ago and is now trading around $10.5/share. For added flexibility in your trading strategy, we provide 15 order types to get involved with Caesars.
Wynn is the priciest in terms of the share price of the four. It is a developer and operator of hotels and casinos. Founded in 2002, it has since built 6 entertainment centers in Las Vegas and Macau. The company nets in excess of $310 million/year. Price chart, since joining the public markets, has traced a classic cyclical curve, making it attractive to some investors. The stock is part of NASDAQ-100 and S&P 500 indices. You can trade them in the EXANTE terminal along with its peers.
The information in this text is provided to you for informational purposes only and should not be regarded as an offer or solicitation of an offer to buy or sell any investments or related services that may be referenced here.