#Las Vegas Sands Corp

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Las Vegas Sands Defeats Casino Money-Laundering Controls Suit

Securities Litigation Correspondent Las Vegas Sands Corp. is off the hook for allegations that its Singapore casino didn't take proper money-laundering control measures, after shareholders opted not to replead claims that were previously rejected by a federal court in Nevada. Investors had alleged that Las Vegas Sands failed to tell investors how…
Finance
Las Vegas Sands Defeats Casino Money-Laundering Controls Suit
InvestorsObserver

Should You Sell Las Vegas Sands Corp. (LVS) in Resorts & Casinos Industry?

Las Vegas Sands Corp. (LVS) is around the top of the Resorts & Casinos industry according to InvestorsObserver. LVS received an overall rating of 47, which means that it scores higher than 47 percent of all stocks. Las Vegas Sands Corp. also achieved a score of 86 in the Resorts & Casinos industry, putting it above 86 percent of Resorts &…
Finance
Should You Sell Las Vegas Sands Corp. (LVS) in Resorts & Casinos Industry?
Wild Casino
GGRAsia

Inspire baccarat bets start circa Macau level says exec

The new Mohegan Inspire Entertainment Resort in South Korea, opened its two-level foreigner-only casino on Saturday, offering 150 table games, 390 slot machines and 160 electronic table games encompassing a live-dealer stadium. The property anticipates that - while bet pricing is dynamic, depending on levels of demand - mass-market live baccarat…
Baccarat
Inspire baccarat bets start circa Macau level says exec
West Island

Las Vegas Sands Eyes $6B Nassau County Casino Resort

Las Vegas Sands Corp., a titan in the gaming industry, outlined ambitious plans for expanding its empire to New York, revealing that a potential casino resort in Nassau County may entail an investment of around $6 billion. This statement comes amid the company's commitment to establishing a new luxurious five-star destination should they secure a…
Industry
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InvestorsObserver

Is Las Vegas Sands Corp. (LVS) a Bad Choice in Resorts & Casinos Tuesday?

A rating of 48 puts Las Vegas Sands Corp. (LVS) near the middle of the Resorts & Casinos industry according to InvestorsObserver. Las Vegas Sands Corp.'s score of 48 means it scores higher than 48% of stocks in the industry. Las Vegas Sands Corp. also received an overall rating of 36, putting it above 36% of all stocks. Resorts & Casinos is ranked…
Finance
Is Las Vegas Sands Corp. (LVS) a Bad Choice in Resorts & Casinos Tuesday?
Vegas Inc

NBA approves sale of Dallas Mavericks to Las Vegas Sands casino company

Dallas Maverick Jaden Hardy (3) drives to the basket past Chicago Bulls defenders during the 2022 NBA Summer League at the Thomas & Mack Center Friday, July 8, 2022. Updated Wednesday, Dec. 27, 2023 | 5:06 p.m. DALLAS - Mark Cuban sees a future of NBA ownership where the advantages will be in real estate. The high-profile billionaire says that's…
Industry
NBA approves sale of Dallas Mavericks to Las Vegas Sands casino company
Seeking Alpha

Dallas casino buzz continues with Las Vegas Sands digging around (NYSE:LVS)

There are more reasons to think that Las Vegas Sands (NYSE: LVS) may have long-term plans to open a casino in the Dallas area. Property records in Dallas indicate that Las Vegas Sands Corp. (LVS) purchased around 100 acres of land near the old Texas Stadium site in the suburb of Irving. The Dallas Central Appraisal District records show the…
Travel
Dallas casino buzz continues with Las Vegas Sands digging around (NYSE:LVS)
Politico

The race is on to build a casino in New York City

New York state has a ban on new casinos until 2023, but Gov. Kathy Hochul wants to end that moratorium this year, allowing up to three casinos to open downstate. And already nine gambling giants are eager to bid on the contracts and are likely to offer grandiose plans for casinos, hotels and entertainment venues to boost their proposals. Some are…
Travel
The race is on to build a casino in New York City
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Card Player

Mark Cuban Selling Majority Stake In NBA Mavericks To Las Vegas Sands Corp.

A major Las Vegas casino group may be getting into the basketball business. News broke on Tuesday that Mark Cuban is selling a majority ownership stake in the Dallas Mavericks to the Las Vegas Sands Corporation. The deal would still leave Cuban running basketball operations for the NBA franchise, while adding a partner that he's long sought to…
Tournaments
Mark Cuban Selling Majority Stake In NBA Mavericks To Las Vegas Sands Corp.
CoStar

Casino Magnates Place Bet on This Man's Texas NBA Team

Gambling-adverse Texas could find itself with two NBA owners with gaming ties after Dallas Mavericks owner Mark Cuban agreed to sell a majority stake of the professional basketball team to the family of billionaire Miriam Adelson, the largest shareholder of one of the world's biggest casino operators. Adelson is the widow of Las Vegas Sands tycoon…
Law
Casino Magnates Place Bet on This Man's Texas NBA Team
Schaeffer's Investment Research

Casino Giant's Biggest Investor Sells Massive Stake

Las Vegas Sands Corp (NYSE:LVS) are 3% lower at $46.25 at last glance, after Miriam Adelson, the casino company's largest shareholder, sold $2 billion of stock. The investor said the proceeds will be used to "fund the purchase of a majority interest in a professional sports franchise" with The Wall Street Journal reporting Mark Cuban is selling a…
Finance
Casino Giant's Biggest Investor Sells Massive Stake
Zacks

Casino ETF Up on Las Vegas Sands' Upbeat Q3 Earnings

Leading international developer of multi-use integrated resorts and casinos Las Vegas Sands Corp. ( - Free Report) reported third-quarter 2023 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and the bottom line increased on a year-over-year basis. The stock was up 2.9% on Oct 19, reflecting the upbeat earnings…
Finance
Casino ETF Up on Las Vegas Sands' Upbeat Q3 Earnings
RELATED CATEGORIES
Benzinga

Casinos and Gambling Market to grow by USD 90.22 billion from 2022 to 2027

NEW YORK, Oct. 12, 2023 /PRNewswire/ -- The casinos and gambling market is estimated to grow by USD 90.22 billion from 2022 to 2027, growing at a CAGR of 8.13% . The casinos and gambling market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer casinos and gambling market are 888 Holdings…
Review Journal

Dubai to pass Las Vegas hotel room inventory

While Dubai is on track to surpass the number of hotel rooms in Las Vegas, a Southern Nevada gaming and hospitality industry analyst who knows the United Arab Emirates landscape well says it shouldn't become a major competitor as long as Las Vegas continues to invest in its infrastructure. "As long as Las Vegas stays on its game, nothing will be…
Land-based
Dubai to pass Las Vegas hotel room inventory
The Nevada Independent

Cyberattack on MGM Resorts knocks out casino operations and computer systems company wide

Most slot machines were offline in MGM's Strip casinos Monday, while customers had to wait for payouts from attendants. Arizona resident John Hass checked out of his room at New York-New York Monday morning and walked over to Excalibur to play the slot machines before heading to the airport for his afternoon flight to Tucson. He was told a computer…
Land-based
Cyberattack on MGM Resorts knocks out casino operations and computer systems company wide
Review Journal

Macao regulators release July gaming revenue results

Macao casinos had their best month of 2023, one year after having their worst month of 2022. Macao's Gaming Inspection and Coordination Bureau on Tuesday reported gross gaming revenue of $2.075 billion (U.S), the most won in the special administrative region since January 2020. By comparison, the state of Nevada last week reported gaming win of…
Finance
Macao regulators release July gaming revenue results
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Celebmix

The World’s Top 3 Richest Casino Owners

The casino industry makes billions every year from both physical locations & online platforms, with leading casinos contributing significantly to these impressive figures. It's not hard to envision the immense wealth possessed by the owners of these establishments, given the vast amounts of money coming through a casino every day. Although the…
Industry
The World’s Top 3 Richest Casino Owners
Review Journal

Las Vegas Sands Corp. gets Nassau Coliseum land

The Nassau County Legislature, the 19-member government entity that oversees Nassau Coliseum land, voted overwhelmingly Monday to transfer 72 acres to Las Vegas Sands Corp. to develop a downstate New York integrated resort with a casino. Following a 5½-hour hearing, the Legislature voted 17-1 with one member absent to transfer the land to the Las…
Law
Las Vegas Sands Corp. gets Nassau Coliseum land
New York Post

Hofstra president Susan Poser debunks Sands casino as bad bet, urges local lawmakers to nix it

The president of Hofstra University is urging Long Island lawmakers to nix a plan for Las Vegas Sands Corp. to put a casino at the Nassau Coliseum near its campus - claiming it'll be more trouble than it's worth. "The casino proposed by Las Vegas Sands runs directly counter to the interests of our local population and will create dangers rather…
Law
Hofstra president Susan Poser debunks Sands casino as bad bet, urges local lawmakers to nix it
Defense World

Asset Management One Co. Ltd. Sells 6,092 Shares of Las Vegas Sands Corp. (NYSE:LVS)

Asset Management One Co. Ltd. lessened its holdings in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 4.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 140086 shares of the casino operator's stock after selling 6092 shares during the quarter. Asset…
Finance
Patch

Las Vegas Sands Has New Lease To Take Over Nassau Hub Land

UNIONDALE, NY - Despite opposition from elected leaders and civic groups, Nassau County is set to keep the wheels in motion for a casino at the Hub site. Las Vegas Sands Corp. reached a new lease deal with the county. The details were expected to be a "large, lump sum payment not contingent on securing a state gaming license," according to…
Finance
Las Vegas Sands Has New Lease To Take Over Nassau Hub Land
Review Journal

Las Vegas Sands signs deal for NY casino resort site

New York's Nassau County signed a preliminary 99-year lease agreement with Las Vegas Sands Corp. for use of its 80-acre Nassau Veterans Memorial Coliseum site for development of an integrated resort with a casino on Long Island. In a news conference in New York on Wednesday, Sands Chairman and CEO Rob Goldstein and Nassau County Executive Bruce…
Land-based
Las Vegas Sands signs deal for NY casino resort site
Reuters

Las Vegas Sands results beat Wall Street estimates on March demand

NEW YORK, April 19 (Reuters) - Las Vegas Sands Corp (LVS.N) on Wednesday reported quarterly revenue that surpassed Wall Street estimates as March visitation levels accelerated gaming volumes, retail sales and hotel occupancy. The Las Vegas-based casino operator said traffic is rebounding in Singapore and Macao, and it expects further improvement in…
Travel
Las Vegas Sands results beat Wall Street estimates on March demand
Market Watch

Casino Stocks Gain on Las Vegas Sands's 1Q Revenue Growth in Asia

Shares of MGM Resorts International, Wynn Resorts Ltd. and Caesars Entertainment Inc. advanced on the back of Las Vegas Sands Corp.'s surge in gambling revenue from Asia in its latest quarter. Sands recorded first-quarter gambling revenue of $1.54 billion, more than doubling from $627 million a year earlier. Shares up 4.9% to $62.26 in after-hour…
Finance
Review Journal

Casino landlord Vici Properties’ top boss open to more deals in Las Vegas

Tourists who fill Las Vegas Boulevard's massive resorts to eat, gamble and party, never see the name Vici Properties. But the casino landlord rakes in a fortune from the Strip. New York-based Vici, the biggest property owner in Las Vegas' famed casino corridor, owns Caesars Palace, MGM Grand, Mandalay Bay, The Venetian, The Mirage and other huge…
Land-based
Reuters

Japan approves $13.5 billion Osaka resort, country's first casino

MGM Resorts, Orix to own 40% each Resort set to open in 2029 Will include hotel, shopping mall, ferry terminal TOKYO, April 14 (Reuters) - Japan on Friday approved a plan to build the country's first casino in the western city of Osaka, paving the way for a 1.8 trillion yen ($13.5 billion) resort set to open in 2029, aimed at attracting domestic…
Travel
Japan approves $13.5 billion Osaka resort, country's first casino
Review Journal

Las Vegas Sands speeding up Marina Bay Sands resort’s renovation project in Singapore

Las Vegas Sands Corp. will speed up its $1 billion renovation of the Marina Bay Sands resort in Singapore. In a proxy statement issued by Sands Friday, ahead of its May 11 annual meeting, Chairman and CEO Rob Goldstein said the project to upgrade two towers at the iconic property is expected to be completed by the end of the year. "Following the…
Travel
Las Vegas Sands speeding up Marina Bay Sands resort’s renovation project in Singapore
Review Journal

Macao casino revenue rebounding as analysts expect continued growth

Gaming industry analysts expect casino revenue to continue rising in Macao after back-to-back months of growth. The region's Gaming Inspection and Coordination Bureau on Wednesday reported a 33.1 percent increase in gross gaming revenue to $1.3 billion in February compared with a year earlier. While February figures were down from January, John…
Industry
Macao casino revenue rebounding as analysts expect continued growth
InvestorsObserver

Is Las Vegas Sands Corp. (LVS) a Winner in the Resorts & Casinos Industry?

The 65 rating InvestorsObserver gives to Las Vegas Sands Corp. (LVS) stock puts it near the top of the Resorts & Casinos industry. In addition to scoring higher than 87 percent of stocks in the Resorts & Casinos industry, LVS's 65 overall rating means the stock scores better than 65 percent of all stocks. LVS has an Overall Score of 65. Find out…
Industry
Country 106.5 WYRK

Massive Vegas Style Casino Coming To New York?

New York State has made million in tax revenue from online sports betting and casinos and soon there may be a "Vegas" style casino located in the state. Currently, there are 12 land-based casinos in the state which are overseen by the New York State Gaming Commission. Also within the state border are 15 tribal casinos that are regulated by the…
Travel
Massive Vegas Style Casino Coming To New York?
MarketBeat

Czech National Bank Takes Position in Las Vegas Sands Corp. (NYSE:LVS)

Czech National Bank purchased a new stake in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 38177 shares of the casino operator's stock, valued at approximately $1432000. A number…
Finance
Czech National Bank Takes Position in Las Vegas Sands Corp. (NYSE:LVS)
Politico

High rollers vie for New York casino in Times Square

But the real estate honchos promising pomp and circumstance - namely, Related Companies at Hudson Yards and SL Green in Times Square - have to overcome something their money can't buy: A handful of local politicians who not only don't care about the flashy proposals, but are turned off by Manhattan's years-long transformation into a playground for…
Politics
High rollers vie for New York casino in Times Square
Review Journal

Las Vegas Sands Corp. to build Long Island casino resort

Las Vegas Sands Corp. is proposing to build a multibillion-dollar resort on Long Island, New York, as part of a bid for one of three downstate New York casino licenses. Las Vegas Sands said Thursday it has entered into agreements to purchase the long-term lease of the site that's currently home to the Nassau Veterans Memorial Coliseum. The…
Land-based
Las Vegas Sands Corp. to build Long Island casino resort
InvestorsObserver

Is Las Vegas Sands Corp. (LVS) The Right Choice in Resorts & Casinos?

Las Vegas Sands Corp. (LVS) is the highest overall rated company in the Resorts & Casinos industry with an overall score of 77. LVS is up 44.88% so far this year after the company closed yesterday at $52.78. The overall score measures the company's performance based-off both short and long term indicators and means that LVS scores better than 77%…
Travel
Is Las Vegas Sands Corp. (LVS) The Right Choice in Resorts & Casinos?
Fortune

Mets owner Steve Cohen gets community input on New York casino

Mets owner Steve Cohen invited Queens residents to Citi Field on Saturday to seek their input on the future of the neighborhood - with an eye toward bidding for one of three New York City casino licenses. For three hours, Cohen held court and mingled with about 450 baseball fans, neighbors and community activists to talk about turning the environs…
Law
Mets owner Steve Cohen gets community input on New York casino
Newsday

Blakeman endorses a potential casino at the Nassau Hub

Nassau County Executive Bruce Blakeman said Friday that he supports a full-scale casino coming to the Nassau Hub, though he wants nongambling activity to dominate any potential development project. "It's got to be primarily an entertainment center and hospitality business with the casino as an ancillary use there … I think that an entertainment…
Law
Blakeman endorses a potential casino at the Nassau Hub
InvestorsObserver

Las Vegas Sands Corp. (LVS) Is the Top Stock in the Resorts & Casinos Industry?

Las Vegas Sands Corp. (LVS) is the highest overall rated company in the Resorts & Casinos industry with an overall score of 79. LVS is up 40.36% so far this year after the company closed yesterday at $51.89. The overall score measures the company's performance based-off both short and long term indicators and means that LVS scores better than 79%…
Industry
Las Vegas Sands Corp. (LVS) Is the Top Stock in the Resorts & Casinos Industry?
Review Journal

Las Vegas casino landlord Vici Properties owns 660 acres

After completing more than $20 billion in deals recently, casino landlord Vici Properties now owns several hundred acres along the Strip, "the most economically productive street in the world," the firm said Thursday. Vici, whose real estate holdings on Las Vegas Boulevard include megaresorts MGM Grand, Caesars Palace and The Venetian, this…
Land-based
Las Vegas casino landlord Vici Properties owns 660 acres
MarketBeat

Las Vegas Sands Corp. (NYSE:LVS) Short Interest Update

Las Vegas Sands Corp. (NYSE:LVS - Get Rating) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 18270000 shares, an increase of 7.5% from the November 30th total of 17000000 shares. Approximately 5.6% of the company's stock are sold short. Based on an…
Finance
Las Vegas Sands Corp. (NYSE:LVS) Short Interest Update
InvestorsObserver

Should You Buy Las Vegas Sands Corp. (LVS) in Resorts & Casinos Industry?

A rating of 80 puts Las Vegas Sands Corp. (LVS) near the top of the Resorts & Casinos industry according to InvestorsObserver. Las Vegas Sands Corp.'s score of 80 means it scores higher than 80% of stocks in the industry. Las Vegas Sands Corp. also received an overall rating of 64, putting it above 64% of all stocks. Resorts & Casinos is ranked 8…
Travel
Review Journal

6 biggest casino deals on the Las Vegas Strip in 2022

A number of casino operators changed up their real estate portfolio this year with sales, acquisitions and leasebacks - showcasing a flurry of activity after the short but steep economic fallout caused by the COVID-19 pandemic. And a number of those deals, announced last year, have closed in 2022. Here are six of this year's major deals on the…
Industry
6 biggest casino deals on the Las Vegas Strip in 2022
Review Journal

Three Las Vegas companies receive Macau licensing extensions

Las Vegas Sands Corp. will tear a page out of the Las Vegas playbook when it invests $3.5 billion over the next decade in launching restaurants and nongaming tourist attractions to attract international visitors there, the company announced Monday. It plans to develop several new restaurants and introduce international culinary concepts to support…
Industry
Three Las Vegas companies receive Macau licensing extensions
MarketBeat

Barclays Increases Las Vegas Sands (NYSE:LVS) Price Target to $57.00

Las Vegas Sands (NYSE:LVS - Get Rating) had its target price upped by research analysts at Barclays from $43.00 to $57.00 in a report issued on Thursday, The Fly reports. The firm presently has an "overweight" rating on the casino operator's stock. Barclays's target price indicates a potential upside of 16.92% from the company's current…
Finance
iGaming Business

Tilman Fertitta takes Las Vegas

In a city long known for bigger-than-life figures such as mobster Bugsy Siegel, reclusive tycoon Howard Hughes and casino mogul Steve Wynn, Tilman Fertitta is the newest big player on the Las Vegas Strip. The billionaire Texas businessman and owner of Fertitta Entertainment, which owns more than 600 restaurants, hotels, casinos and other…
Industry
Tilman Fertitta takes Las Vegas
Review Journal

Las Vegas Sands, Wynn Resorts, MGM Resorts named Macao’s gaming concession winners

Three Las Vegas-based companies got a welcome boost Saturday when the Macao government announced they had been granted provisional approval to continue operating casinos in the Chinese enclave for the next 10 years. Macao's special administrative region government announced Saturday that MGM Resorts, Las Vegas Sands, Wynn Resorts along with three…
Travel
Las Vegas Sands, Wynn Resorts, MGM Resorts named Macao’s gaming concession winners
The Nevada Independent

Indy Gaming: Research gives AGA ammunition in fight with illegal gambling operations

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz American Gaming Association CEO Bill…
Industry
Indy Gaming: Research gives AGA ammunition in fight with illegal gambling operations
InvestorsObserver

Las Vegas Sands Corp. (LVS) has risen 3.00% Monday In Premarket Trading

Las Vegas Sands Corp. (LVS) is up Monday morning, with the stock gaining 3.00% in pre-market trading to 49.4. LVS's short-term technical score of 89 indicates that the stock has traded more bullishly over the last month than 89% of stocks on the market. In the Resorts & Casinos industry, which ranks 34 out of 146 industries, the stock ranks higher…
Finance
Las Vegas Sands Corp. (LVS) has risen 3.00% Monday In Premarket Trading
Review Journal

Disappointing gaming revenue in Macao continues to saddle Las Vegas company-owned operations in the Chinese region as a result of COVID-19 restrictions.

Macao reported another disappointing month of gaming revenue in November with the region reporting winning $374.4 million, a 55.6 percent decline from November 2021. Macao's Gaming Inspection and Coordination Bureau on Thursday said the region has had only one month - February - in which the region's 39 casinos made more money than they did a year…
Covid
Disappointing gaming revenue in Macao continues to saddle Las Vegas company-owned operations in the Chinese region as a result of COVID-19 restrictions.
Newsday

Las Vegas Sands looking at Long Island sites for casino

One of the world's largest gambling businesses, Las Vegas Sands Corp., is looking to build a casino on Long Island at the suggestion of its senior vice president David A. Paterson, a former New York governor. "We don't know where the location is at this point," Paterson said in a Newsday interview on Thursday. "But I'm the one who suggested that…
Industry
Las Vegas Sands looking at Long Island sites for casino
InvestorsObserver

Premarket Mover: Las Vegas Sands Corp. (LVS) Up 3.85%

Las Vegas Sands Corp. (LVS) is up Monday morning, with the stock adding 3.85% in pre-market trading to 44.83. LVS's short-term technical score of 91 indicates that the stock has traded more bullishly over the last month than 91% of stocks on the market. In the Resorts & Casinos industry, which ranks 55 out of 146 industries, the stock ranks higher…
Travel
The Wall Street Journal

Six Macau Casino Operators Win New 10-Year Licenses

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed byour Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contactDow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https Cotai Strip earlier this year. Six casino operators in…
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Six Macau Casino Operators Win New 10-Year Licenses
European Gaming

The Global Gambling Market is expected to grow by $260.44 bn during 2023-2027, accelerating at a CAGR of 7.1% during the forecast period

Reportlinker.com announces the release of the report "Global Gambling Market 2023-2027". Our report on the gambling market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market…
Industry
The Global Gambling Market is expected to grow by $260.44 bn during 2023-2027, accelerating at a CAGR of 7.1% during the forecast period
InvestorsObserver

Premarket Mover: Las Vegas Sands Corp. (LVS) Down 3.23%

Las Vegas Sands Corp. (LVS) is down Monday morning, with the stock losing -3.23% in pre-market trading to 42.21. LVS's short-term technical score of 85 indicates that the stock has traded more bullishly over the last month than 85% of stocks on the market. In the Resorts & Casinos industry, which ranks 47 out of 146 industries, Las Vegas Sands…
Travel
MarketBeat

Las Vegas Sands Corp. (NYSE:LVS) Sees Large Growth in Short Interest

Las Vegas Sands Corp. (NYSE:LVS - Get Rating) was the target of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 18570000 shares, a growth of 17.3% from the October 15th total of 15830000 shares. Currently, 5.7% of the shares of the company are sold short. Based on an average daily…
Travel
Market Watch

Wynn, Las Vegas Sands, MGM Shares Rise After China Eases Covid-19 Controls

Wynn Resorts Ltd., Las Vegas Sands Corp. and MGM Resorts International shares were higher Friday after China eased certain Covid-19 controls, including reducing quarantine times for travelers from other countries. Wynn gained 9% to $78.27, Las Vegas Sands rose 6% to $43.66, and MGM was up 4% to $36.81.
Covid
InvestorsObserver

Premarket Mover: Las Vegas Sands Corp. (LVS) Up 4.38%

Las Vegas Sands Corp. (LVS) is up Friday morning, with the stock adding 4.38% in pre-market trading to 42.85. LVS's short-term technical score of 79 indicates that the stock has traded more bullishly over the last month than 79% of stocks on the market. In the Resorts & Casinos industry, which ranks 43 out of 146 industries, Las Vegas Sands Corp.…
Travel
Portland Press Herald

With casinos struggling, ‘Las Vegas of Asia’ looks to reduce reliance on gambling

BEIJING - Losing money due to COVID, the American casino giants that helped make Macao the "Las Vegas of Asia" face a fresh challenge: The tiny Chinese territory wants them to help reduce its reliance on gambling by paying to build theme parks and other attractions. The former Portuguese colony stayed out of business decisions for decades and now…
Covid
With casinos struggling, ‘Las Vegas of Asia’ looks to reduce reliance on gambling
InvestorsObserver

Premarket Mover: Las Vegas Sands Corp. (LVS) Up 1.48%

Las Vegas Sands Corp. (LVS) is up 1.48% today. LVS has an Overall Score of 63. Find out what this means to you and get the rest of the rankings on LVS!LVS stock closed at $38.64 and is up $0.57 during pre-market trading. Pre-market tends to be more volatile due to significantly lower volume as most investors only trade between standard trading…
Travel
InvestorsObserver

Las Vegas Sands Corp. (LVS) is up 1.38% Monday In Premarket Trading

Las Vegas Sands Corp. (LVS) is higher by Monday morning, with the stock gaining 1.38% in pre-market trading to 37.6. LVS's short-term technical score of 83 indicates that the stock has traded more bullishly over the last month than 83% of stocks on the market. In the Resorts & Casinos industry, which ranks 133 out of 146 industries, LVS ranks…
Travel
GGRAsia

Local biz leader is RWS deputy CEO, MacDonald runs casino

Genting Singapore Ltd, the operator of the Resorts World Sentosa (RWS) casino complex (pictured) in Singapore, has named Lam Yi Young, a prominent figure in Singapore's business sector, as deputy chief executive for its casino complex, with Andrew MacDonald affirmed as installed chief casino officer, according to a Friday press release. "The…
Industry
Local biz leader is RWS deputy CEO, MacDonald runs casino
The Nevada Independent

Indy Gaming: Caesars enters NYC casino skirmish after first rejecting the idea

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz Caesars Entertainment's entrance into an…
Covid
Indy Gaming: Caesars enters NYC casino skirmish after first rejecting the idea
Houston Chronicle

Exclusive: Abbott open to expanded casino gambling in Texas

Gov. Greg Abbott is opening the door a crack to expanded casino gambling in Texas if he wins re-election. While far from an all-out promise to turn Texas into Las Vegas, the Republican is now saying that while he doesn't want a proliferation of gambling in Texas, he's willing to listen to the gaming industry's proposals. "We don't want slot…
Politics
Exclusive: Abbott open to expanded casino gambling in Texas
InvestorsObserver

Is Las Vegas Sands Corp. (LVS) Stock at the Top of the Resorts & Casinos Industry?

Las Vegas Sands Corp. (LVS) is around the top of the Resorts & Casinos industry according to InvestorsObserver. LVS received an overall rating of 63, which means that it scores higher than 63 percent of all stocks. Las Vegas Sands Corp. also achieved a score of 95 in the Resorts & Casinos industry, putting it above 95 percent of Resorts &…
Travel
Is Las Vegas Sands Corp. (LVS) Stock at the Top of the Resorts & Casinos Industry?
Review Journal

Macao travel restrictions continue to pummel Las Vegas Sands

Travel restrictions in Macao continued to drag on Las Vegas Sands Corp. earnings, but resiliency in Singapore had company officials feeling optimistic as they reported their third quarter results on Wednesday. The company reported a net loss of $239 million, 31 cents a share, on revenue of $1 billion for the quarter that ended Sept. 30. A year…
Travel
Review Journal

Weeklong Macao casino shutdown affecting Sands, MGM, Wynn begins

Macao casino resorts closed their doors Monday as a weeklong government-ordered shutdown began in the region, taking a toll on properties including several operated by three Las Vegas-based companies. Because of elevated COVID-19 case numbers, Macao Secretary for Administration and Justice Andrew Cheong Weng Chun on Saturday ordered a closure of…
Covid
InvestorsObserver

Premarket Mover: Las Vegas Sands Corp. (LVS) Up 0.68%

Las Vegas Sands Corp. (LVS) is up 0.68% today. LVS has an Overall Score of 65. Find out what this means to you and get the rest of the rankings on LVS!LVS stock closed at $36.50 and is up $0.25 during pre-market trading. Pre-market tends to be more volatile due to significantly lower volume as most investors only trade between standard trading…
Travel
European Gaming

Global Gambling Market Report 2022: Market to Reach $876 Billion by 2026

The "Gambling - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Global Gambling Market to Reach $876 Billion by 2026 The global market for Gambling estimated at US$747.9 Billion in year 2022, is projected to reach a revised size of US$876 Billion by 2026, growing at a CAGR of 3.6% over the analysis…
Industry
Global Gambling Market Report 2022: Market to Reach $876 Billion by 2026
InvestorsObserver

Premarket Mover: Las Vegas Sands Corp. (LVS) Up 1.99%

Las Vegas Sands Corp. (LVS) has gained Tuesday morning, with the stock increasing 1.99% in pre-market trading to 40.45. LVS's short-term technical score of 94 indicates that the stock has traded more bullishly over the last month than 94% of stocks on the market. In the Resorts & Casinos industry, which ranks 34 out of 146 industries, Las Vegas…
Travel
Premarket Mover: Las Vegas Sands Corp. (LVS) Up 1.99%
InvestorsObserver

Premarket Mover: Las Vegas Sands Corp. (LVS) Up 7.67%

Las Vegas Sands Corp. (LVS) is higher by Monday morning, with the stock adding 7.67% in pre-market trading to 38.19. LVS's short-term technical score of 63 indicates that the stock has traded more bullishly over the last month than 63% of stocks on the market. In the Resorts & Casinos industry, which ranks 81 out of 146 industries, Las Vegas Sands…
Travel
Premarket Mover: Las Vegas Sands Corp. (LVS) Up 7.67%
Kalkine Media

Kalkine Media explores five US casino stocks to watch in October

The casino sector comprises firms from the gaming industry that offer leisure and other related services through their resorts and casino gaming properties. To name some, Las Vegas Sands Corp. (NYSE: LVS), Wynn Resorts, Limited (NASDAQ: WYNN), MGM Resorts International (NYSE: MGM), Caesars Entertainment, Inc. (NASDAQ: CZR), and Boyd Gaming…
Finance
Kalkine Media explores five US casino stocks to watch in October
InvestorsObserver

Las Vegas Sands Corp. (LVS) Up 2.86% in Premarket Trading

Las Vegas Sands Corp. (LVS) has risen Tuesday morning, with the stock gaining 2.86% in pre-market trading to 39.93. LVS's short-term technical score of 84 indicates that the stock has traded more bullishly over the last month than 84% of stocks on the market. In the Resorts & Casinos industry, which ranks 82 out of 146 industries, LVS ranks higher…
Travel
Review Journal

Las Vegas Sands, Wynn Resorts, MGM among companies lining up for Macao license.

Seven gaming companies will vie for six operational licenses in Macao, but at least one analyst expects all of the competitors will end up getting a piece of the action. The government of Macao on Friday announced six existing concessionaires - Las Vegas Sands Corp., Wynn Resorts Ltd., MGM Resorts International, and Chinese operators SJM Resorts…
Travel
Las Vegas Sands, Wynn Resorts, MGM among companies lining up for Macao license.
Review Journal

Las Vegas Sands Corp. establishes $1 million scholarship program in Singapore

Las Vegas Sands Corp. and its Marina Bay Sands resort in Singapore established a $1 million scholarship program to help build a pipeline of new talent for the hospitality industry in that country. The scholarship is designed to advance hospitality careers in Singapore and capitalize on tourism growth projected over the coming years. "The…
Travel
Las Vegas Sands Corp. establishes $1 million scholarship program in Singapore
Seeking Alpha

Las Vegas Sands: Prudent Move Here Is To Take Some Profits

The purpose of this article is to discuss Las Vegas Sands Corp. (NYSE:NYSE: LVS) as an investment option at its current market price. The company is a developer and operator of integrated resorts that feature luxury hotels, gaming, retail, dining and entertainment, catering to both tourists and business clients. Premier locations exist in Singapore…
Covid
Las Vegas Sands: Prudent Move Here Is To Take Some Profits
Newswires

Gambling Global Market Estimated To Grow At 60% Rate

Gambling Global Market Report 2022 - Market Size, Trends, And Global Forecast 2022-2026 The Global Gambling Market Report by The Business Research Company covers gambling market size, drivers, restraints, key players, and the impact of COVID-19. LONDON, GREATER LONDON, UK, August 26, 2022 / EINPresswire.com / -- As per The Business Research…
Industry
Gambling Global Market Estimated To Grow At 60% Rate
Defense World

ProShare Advisors LLC Has $2.92 Million Position in Las Vegas Sands Corp. (NYSE:LVS)

ProShare Advisors LLC lessened its holdings in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 2.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 74932 shares of the casino operator's stock after selling 1803 shares during the period. ProShare Advisors LLC's…
Finance
ProShare Advisors LLC Has $2.92 Million Position in Las Vegas Sands Corp. (NYSE:LVS)
Defense World

Huntington National Bank Has $126,000 Stake in Las Vegas Sands Corp. (NYSE:LVS)

Huntington National Bank increased its position in shares of Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 25.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3240 shares of the casino operator's stock after buying an additional 655 shares during the…
Finance
Huntington National Bank Has $126,000 Stake in Las Vegas Sands Corp. (NYSE:LVS)
Defense World

Bank of Nova Scotia Sells 7,598 Shares of Las Vegas Sands Corp. (NYSE:LVS)

Bank of Nova Scotia reduced its position in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 11.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58009 shares of the casino operator's stock after selling 7598 shares during the quarter. Bank of Nova…
Travel
Bank of Nova Scotia Sells 7,598 Shares of Las Vegas Sands Corp. (NYSE:LVS)
GGRAsia

Singapore’s Gambling Regulatory Authority inaugurated

The Gambling Regulatory Authority of Singapore (GRA) was inaugurated at a ceremony on Tuesday. The new body - taking on the work of the former Casino Regulatory Authority and adding some new responsibilities - is led by a chief executive, Teo Chun Ching. He held the same rank at the predecessor entity. The ceremony was attended by Josephine Teo,…
Law
Singapore’s Gambling Regulatory Authority inaugurated
Defense World

Las Vegas Sands Corp. (NYSE:LVS) Shares Sold by Toronto Dominion Bank

Toronto Dominion Bank decreased its position in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 9.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 170262 shares of the casino operator's stock after selling 17437 shares during the quarter.…
Travel
Las Vegas Sands Corp. (NYSE:LVS) Shares Sold by Toronto Dominion Bank
Defense World

Scotia Capital Inc. Has $437,000 Position in Las Vegas Sands Corp. (NYSE:LVS)

Scotia Capital Inc. trimmed its stake in shares of Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 22.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11242 shares of the casino operator's stock after selling 3219 shares during the quarter. Scotia…
Travel
Scotia Capital Inc. Has $437,000 Position in Las Vegas Sands Corp. (NYSE:LVS)
Review Journal

Macao casino relicensing occurring as region recovers from shutodown of properties

Macao, the most lucrative casino gaming market in the world since 2006, is taking a page from an old Strip playbook. Remember those efforts to draw families to Las Vegas in the 1990s? Casino companies across the valley built thrill rides, roller coasters and Strip-front entertainment to attract audiences to their resorts. That's what's in store for…
Strategy Guide
Macao casino relicensing occurring as region recovers from shutodown of properties
MarketBeat

Short Interest in Las Vegas Sands Corp. (NYSE:LVS) Decreases By 20.9%

Las Vegas Sands Corp. (NYSE:LVS - Get Rating) saw a large decrease in short interest in the month of July. As of July 31st, there was short interest totalling 17560000 shares, a decrease of 20.9% from the July 15th total of 22190000 shares. Based on an average daily volume of 7110000 shares, the short-interest ratio is currently 2.5 days.…
Strategy Guide
Short Interest in Las Vegas Sands Corp. (NYSE:LVS) Decreases By 20.9%
Defense World

Las Vegas Sands Corp. (NYSE:LVS) Shares Bought by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC raised its holdings in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 11.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56174 shares of the casino operator's stock after buying an…
Travel
Las Vegas Sands Corp. (NYSE:LVS) Shares Bought by Commonwealth Equity Services LLC
Defense World

Advisor Group Holdings Inc. Grows Position in Las Vegas Sands Corp. (NYSE:LVS)

Advisor Group Holdings Inc. boosted its holdings in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 42.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 96303 shares of the casino operator's stock after acquiring an additional 28932 shares during the quarter. Advisor Group Holdings…
Finance
Advisor Group Holdings Inc. Grows Position in Las Vegas Sands Corp. (NYSE:LVS)
Review Journal

Nevada’s casino industry donates to both gubernatorial candidates

The gaming industry is playing both sides in the Nevada governor's race, donating hundreds of thousands of dollars to both incumbent Democratic Gov. Steve Sisolak and his Republican challenger, Joe Lombardo, state campaign finance reports show. Between his campaign and his largest political action committee, Sisolak is taking the most from casinos…
Industry
Nevada’s casino industry donates to both gubernatorial candidates
Review Journal

Hedging their bets: Casino industry donates to both gubernatorial candidates

The gaming industry is playing both sides in the Nevada governor's race, donating hundreds of thousands of dollars to both incumbent Democratic Gov. Steve Sisolak and his Republican challenger, Joe Lombardo, state campaign finance reports show. Between his campaign and his largest political action committee, Sisolak is taking the most from casinos…
Industry
Hedging their bets: Casino industry donates to both gubernatorial candidates
Defense World

Stephens Inc. AR Takes Position in Las Vegas Sands Corp. (NYSE:LVS)

Stephens Inc. AR purchased a new stake in shares of Las Vegas Sands Corp. (NYSE:LVS - Get Rating) during the 1st quarter, HoldingsChannel reports. The fund purchased 15423 shares of the casino operator's stock, valued at approximately $599000. Several other hedge funds also recently modified their holdings of the company. Mutual of America Capital…
Travel
Stephens Inc. AR Takes Position in Las Vegas Sands Corp. (NYSE:LVS)
Defense World

Comerica Bank Sells 5,069 Shares of Las Vegas Sands Corp. (NYSE:LVS)

Comerica Bank lowered its position in shares of Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 14.8% in the 1st quarter, HoldingsChannel reports. The firm owned 29227 shares of the casino operator's stock after selling 5069 shares during the quarter. Comerica Bank's holdings in Las Vegas Sands were worth $1125000 at the end of the most recent…
Finance
Comerica Bank Sells 5,069 Shares of Las Vegas Sands Corp. (NYSE:LVS)
Review Journal

Macao casino reopen, but business continues to be slow and will be for some time

The good news for Macao's 41 casinos is that the government has allowed the properties to open their doors again. The bad news: Not many people are coming through them. The fact that tourists face a seven-day quarantine before being allowed into the region is one big reason for the lack of visitors, according to a source familiar with the situation…
Covid
Macao casino reopen, but business continues to be slow and will be for some time
Defense World

Daiwa Securities Group Inc. Has $1.03 Million Stake in Las Vegas Sands Corp. (NYSE:LVS)

Daiwa Securities Group Inc. grew its position in shares of Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 29.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26604 shares of the casino operator's stock after buying an additional 6031 shares during the…
Travel
Daiwa Securities Group Inc. Has $1.03 Million Stake in Las Vegas Sands Corp. (NYSE:LVS)
Defense World

Truist Financial Corp Raises Stock Position in Las Vegas Sands Corp. (NYSE:LVS)

Truist Financial Corp raised its stake in shares of Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 35.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23805 shares of the casino operator's stock after purchasing an additional 6229 shares during the…
Finance
Truist Financial Corp Raises Stock Position in Las Vegas Sands Corp. (NYSE:LVS)
Defense World

Avantax Advisory Services Inc. Buys New Position in Las Vegas Sands Corp. (NYSE:LVS)

Avantax Advisory Services Inc. bought a new stake in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 6965 shares of the casino operator's stock, valued at approximately $269000. A number of other institutional investors…
Travel
Avantax Advisory Services Inc. Buys New Position in Las Vegas Sands Corp. (NYSE:LVS)
The Street

Las Vegas Casinos Should See Bump From Macau Reopening

Macau has been in dire straits for more than the past week. Earlier this month, the Chinese government announced that it would close all casinos in Macau starting July 11 as the region battles a covid-19 outbreak that infected nearly 1500 people over a three week period in the city of 680000. During previous outbreaks, the Chinese government had…
Land-based
Las Vegas Casinos Should See Bump From Macau Reopening
Review Journal

Sands casinos among properties that will be allowed to reopen Saturday morning

Las Vegas Sands Corp., operators of casinos in Macao and Singapore, reported tepid second-quarter revenue results Wednesday as health restrictions in Macao continued to batter resort operators there. The Las Vegas-based casino company reported a loss of $440 million, 38 cents a share, on revenue of $1.045 billion for the quarter that ended June 30.…
Covid
Sands casinos among properties that will be allowed to reopen Saturday morning