#Las Vegas Sands

Defense World

Hartford Investment Management Co. Reduces Holdings in Las Vegas Sands Corp. (NYSE:LVS)

Hartford Investment Management Co. lessened its position in shares of Las Vegas Sands Corp. (NYSE:LVS) by 6.6%. The fund owned 32,323 shares at the end of the first quarter. Mizuho Securities Co Ltd. purchased a new position. in Las Las Sands during the 1st quarter worth $39,000. Desjardins Global Asset Management Inc. bought a stake in the casino operator during 4th quarter for $40,00. Bessemer Group Inc lifted its holdings in LVS by 54.7% during last quarter and now owns 1,142 shares. First Horizon Advisors Inc bought 1.554 shares worth about $57,500 during fourth quarter, and it owns 907 shares in its portfolio.
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Hartford Investment Management Co. Reduces Holdings in Las Vegas Sands Corp. (NYSE:LVS)
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Las Vegas Sands announces strategic investment in Huddle Tech

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Las Vegas Sands eyes igaming gains with Huddle Tech investment

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Huddle Tech secures investment from Las Vegas Sands

Huddle Tech secures investment from Las Vegas Sands
Defense World

AE Wealth Management LLC Trims Stock Position in Las Vegas Sands Corp. (NYSE:LVS)

AE Wealth Management LLC cut its stake in shares of Las Vegas Sands Corp. (NYSE:LVS) by 2.0%. The fund owned 38,220 shares and sold 779 shares during the 1st quarter. Barrow Hanley Mewhinney & Strauss LLC raised its stakes in Las Las Sands by 15.8% during 4th quarter and now owns 8,835,528 shares. Korea Investment CORP raised their stake by 832.4% in the 4TH quarter, and owns 1,019,100 shares now. Bank of Montreal Can raised it's stake with 610,670 shares in LVS by 138.5%. ARGA Investment Management LP raised her stake within L VS by 606.3% and bought 624,208 shares last quarter as well.
Finance
AE Wealth Management LLC Trims Stock Position in Las Vegas Sands Corp. (NYSE:LVS)
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Citigroup Cuts Las Vegas Sands (NYSE:LVS) Price Target to $56.00

Las Vegas Sands had a negative return on equity of 33.07% and a net margin of 46.40%. The firm's revenue was down 21.2% on a year-over-year basis. Sell-side analysts forecast that Las Vegas Strip will post -0.68 earnings per share for the current year. Several large investors have recently bought and sold shares of LVS. Amalgamated Bank boosted its position in Las Las Sands by 4.5% in the first quarter. Teachers Retirement System of The State of Kentucky bought 273,935 shares and now owns 299,485 shares. Mirae Asset Global Investments Co. Ltd. bought 30,717 shares worth $1,194,000. Kestra Private Wealth Services LLC bought 6,029 shares with a value of $234,00. Toroso Investments LLC increased its stake in L VS by 5. 2% during the 1st quarter and owns 9,348 shares now.
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Citigroup Cuts Las Vegas Sands (NYSE:LVS) Price Target to $56.00
Defense World

Koshinski Asset Management Inc. Sells 3,068 Shares of Las Vegas Sands Corp. (NYSE:LVS)

Koshinski Asset Management Inc. decreased its position in Las Vegas Sands Corp. by 32.3% in the 1st quarter. The institutional investor owned 6,428 shares of the casino operator’s stock at the end of last quarter, but sold 3,068 shares during the quarter for a total of $250,000. Several other hedge funds and other institutional investors have also bought and sold shares in LVS. Fifth Third Bancorp grew its stake in shares. of Las Las Sands by 13.1% during 1ST quarter and now owns 99,303 shares, worth $3,860, 000. IFM Investors Pty Ltd grew their stake by 17.7% and owns 53,460 shares now. Mizuho Securities Co. Ltd. bought a new stake of shares LasLasSands in 1th quarter worth about $39,00.
Finance
Koshinski Asset Management Inc. Sells 3,068 Shares of Las Vegas Sands Corp. (NYSE:LVS)
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Defense World

Las Vegas Sands Corp. (NYSE:LVS) Shares Bought by Xponance Inc.

Xponance Inc. bought a new stake in Las Vegas Sands Corp. (NYSE:LVS) during the first quarter. The fund owned 58,592 shares of the casino operator’s stock at the end of last quarter, but it also owned 1,874 shares during this period. Mizuho Securities Co. Ltd. purchased a shares worth $39,000. Bessemer Group Inc raised its holdings in shares by 54.7% during fourth quarter and now owns 1.142 shares. First Horizon Advisors Inc bought 1 1/2 shares and is now worth about $57,500. Las Las Sands posted its quarterly earnings on Wednesday, April 27th.
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Las Vegas Sands Corp. (NYSE:LVS) Shares Bought by Xponance Inc.
Defense World

Fifth Third Bancorp Acquires 11,528 Shares of Las Vegas Sands Corp. (NYSE:LVS)

Fifth Third Bancorp boosted its holdings in Las Vegas Sands Corp. (NYSE:LVS) by 13.1%. The firm owned 99,303 shares of the casino operator’s stock after purchasing an additional 11,528 shares during the period. Capital World Investors increased its position in shares. Barrow Hanley Mewhinney & Strauss LLC increased their holdings by 15.8% in the fourth quarter. Geode Capital Management LLC bought 5,246,346 shares and now owns 5.246 million shares in her company. Invesco Ltd. increased her position by 2.7% during fourth-quarter.
Finance
Fifth Third Bancorp Acquires 11,528 Shares of Las Vegas Sands Corp. (NYSE:LVS)
Defense World

IFM Investors Pty Ltd Purchases 8,025 Shares of Las Vegas Sands Corp. (NYSE:LVS)

IFM Investors Pty Ltd bought 8,025 shares of Las Vegas Sands Corp. (NYSE:LVS) during the 1st quarter. The institutional investor owned 53,460 shares at the end of the previous quarter and now owns 8.025 million shares. Barrow Hanley Mewhinney & Strauss LLC bought 1,202,622 shares in the 4th quarter worth $332,570,000. Capital World Investors bought 14,576,547 shares during that period. State Street Corp raised its position in shares by 3.8% in 4ths. Invesco Ltd. bought 225,742 shares and owns 2,701,651 shares now.
Finance
IFM Investors Pty Ltd Purchases 8,025 Shares of Las Vegas Sands Corp. (NYSE:LVS)
Defense World

State of Alaska Department of Revenue Trims Stock Position in Las Vegas Sands Corp. (NYSE:LVS)

State of Alaska Department of Revenue cut its stake in Las Vegas Sands Corp. (NYSE:LVS) by 2.8% in the first quarter. The fund owned 48,365 shares of the casino operator’s stock after selling 1,410 shares during the period. Bessemer Group Inc. raised its holdings in shares. of Las Las Sands by 54.7% and now owns 1.142 shares, valued at $43,000. Desjardins Global Asset Management Inc purchased a new stake. in LVS in fourth quarter valued of $40,00. First Horizon Advisors Inc raised it's holdings by 140.2% by buying 907 shares in last quarter and owns $57,500. Core Alternative Capital purchased $58,200 in first half.
Finance
State of Alaska Department of Revenue Trims Stock Position in Las Vegas Sands Corp. (NYSE:LVS)
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Pattaya Mail

There’s a lot riding on Pattaya’s prospects for a casino

Parliamentary committee recommended Pattaya as one of five nation-wide bases for legalized gambling. At least half of Thai population indulged in gambling in the past year. There are rumors Pattya has a secret casino base equipped with roulette wheels and blackjack tables ready for opening. The Las Vegas Sands Group last year endorsed the idea that Thai casino complexes might best be built from scratch. The real estate industry is delighted with the prospect of legalization. It is well known that Pattayans are delighted about the possibility of higher property prices.
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There’s a lot riding on Pattaya’s prospects for a casino
Defense World

Las Vegas Sands (NYSE:LVS) Shares Gap Up to $33.17

Las Vegas Sands (NYSE:LVS) shares gapped up prior to trading on Tuesday. The stock had previously closed at $33.17, but opened at $35.11. It is the company's market cap. Las Vegas Sates reported ($0.40) earnings per share for the quarter, missing analysts’ consensus estimates of ($.24) by ($16). The company had revenue of $943.00 million during the same quarter as the previous year. Teachers Retirement System of The State of Kentucky grew its position in Las Las Vegas Sands by 1,072.2% in the 1st quarter.
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Las Vegas Sands (NYSE:LVS) Shares Gap Up to $33.17
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Casino Stocks WYNN, LVS, MGM, MLCO Gain on Easing Covid-19 Restrictions

China is starting to lift its lockdown protocols. The country is reporting the lowest number of new cases since early February. This means that the Chinese economy is making up lost ground. Casino stocks are rising on the news. Several of the largest U.S. casino companies have holdings in China. MGM Resorts International is up less than 1%, Las Vegas Sands (NYSE:LVS), Wynn Resort (NASDAQ:WYNN) and Melco Resorting & Entertainment (Nasdaq:MLCO) are up more than 8%.
Covid
Casino Stocks WYNN, LVS, MGM, MLCO Gain on Easing Covid-19 Restrictions
Defense World

DNB Asset Management AS Sells 8,794 Shares of Las Vegas Sands Corp. (NYSE:LVS)

DNB Asset Management AS sold 8,794 shares of Las Vegas Sands Corp. (NYSE:LVS) during the first quarter. The fund owned 42,920 shares at the end of the quarter and it has $1.668 million worth of investment in the company. IFP Advisors Inc. lifted its position in Las Las Sands by 1.2% in 4th quarter, and now owns 23,472 shares. Mutual of America Capital Management LLC bought 44,898 shares and lifted her position by 0.6%. K.J. Harrison & Partners Inc bought 9,800 shares worth $369,000 in last quarter; Daiwa Securities Group Inc owns 20,573 shares, worth about $774, 000.
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DNB Asset Management AS Sells 8,794 Shares of Las Vegas Sands Corp. (NYSE:LVS)
Defense World

New Mexico Educational Retirement Board Has $775,000 Position in Las Vegas Sands Corp. (NYSE:LVS)

New Mexico Educational Retirement Board cut its holdings in Las Vegas Sands Corp. (NYSE:LVS) by 5.2% during the first quarter. The fund owned 19,950 shares of the casino operator’s stock after selling 1,100 shares during that period. Desjardins Global Asset Management Inc. bought a new stake in the company in 4th quarter worth $40,000. Teacher Retirement System of Texas increased its stake by 14.1% in shares. North Star Investment Management Corp boosted its position in Vegas sands by 28.8% and now owns 20,025 shares, valued at $754,00.
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New Mexico Educational Retirement Board Has $775,000 Position in Las Vegas Sands Corp. (NYSE:LVS)
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The Nevada Independent

Indy Gaming: SCOTUS ruling favoring Texas tribal casinos has ‘wider implications’

Supreme Court ruling last week allows the Tigua Indians of El Paso to operate bingo at an El Paso entertainment center. It also benefits the Alabama-Coushatta tribe, which has been fighting with Texas officials over bingos on its reservation. Las Vegas Sands will work with the Legislature next year to put a casino referendum on the ballot in Texas. Last year, Texas lawmakers rejected a Las Las Sands-backed casino gaming proposal.  WinStar World Casino and Resort is located in Thackerville, Oklahoma, on Interstate 35.
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Indy Gaming: SCOTUS ruling favoring Texas tribal casinos has ‘wider implications’
Defense World

Las Vegas Sands (NYSE:LVS) Given a $42.00 Price Target at UBS Group

Several institutional investors and hedge funds have bought and sold shares of Las Vegas Sands. Verition Fund Management LLC bought a new stake in Las Las Sands in the 3rd quarter worth $703,000. Thrivent Financial for Lutherans bought 14,747 shares. Chartwell Investment Partners LLC increased its holdings in Vegas Sates by 27.3% in 3st quarter. Migdal Insurance & Financial Holdings Ltd. bought 7,319 shares and increased their holdings by 5.5%. Cetera Advisor Networks LLC acquired 4,140 shares in last quarter and owns 15,585 shares now.
Finance
Las Vegas Sands (NYSE:LVS) Given a $42.00 Price Target at UBS Group
Seeking Alpha

Macau rocked by local COVID cases which threaten casino traffic

Macau has its first COVID-19 outbreak in eight months. 21 preliminary-positive cases were reported in the local community as of Sunday evening. Schools and non-essential businesses were shut down until at least Tuesday to allow time for mass testing of all residents. Wynn Macau (OTCPK:WYNMF) (OWYNN) fell 3.4%, SJM Holdings (SJMHF) dropped 3,2%, while Sands China (OTCPK/SCHYF), MGM China and Galaxy Entertainment (GXYEF) were off 1.1%. Melco Resorts & Entertainment, Wynnn Resort (WNN), Las Vegas Sands (LVS) and MGM Reserves (MGM) could see an impact when they open back up for trading on Tuesday.
Covid
Macau rocked by local COVID cases which threaten casino traffic
Defense World

Las Vegas Sands Corp. (NYSE:LVS) Given Average Rating of “Hold” by Analysts

The average price objective among brokers that have covered the stock in the last year is $50.17. The company’s market capitalization is valued at $24.20 billion. Las Vegas Sands reported ($0.40) earnings per share for the quarter, missing the consensus estimate by ($.16). The business had revenue of $943.00 million during the same period last quarter. Analysts predict that Las Las Vesta Sands will post -064 earnings for this fiscal year. Capital World Investors increased its stake in LasVegas Sands by 74.1% during last 4th quarter and now owns a stake of 1.5%.
Finance
Las Vegas Sands Corp. (NYSE:LVS) Given Average Rating of “Hold” by Analysts
Seeking Alpha

New Macau gaming bill advances to final vote

The final version of the gaming law passed by the Macau Legislative Assembly allows for six new concessions with a maximum term of 10 years and a three-year extension possible under certain circumstances. Satellite casinos will be allowed to continue to operate under a management fee agreement but cannot participate in the profit sharing or commission agreement with gaming concessionaires. The minimum capital requirement of 5B patacas must be maintained throughout the license period.
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New Macau gaming bill advances to final vote
WFMZ News

Casino Gaming Market Size to Grow by USD 50.03 Billion

The potential growth difference for the casino gaming market between 2020 and 2025 is USD 50.03 billion. The report predicts the market to project an accelerating growth momentum at a CAGR of 4.85% during the projected period.
Industry
Casino Gaming Market Size to Grow by USD 50.03 Billion
Legal Sports Report

Why DeckPrism Merged With Huddle, Backed By Las Vegas Sands

DeckPrism and Huddle Gaming have merged to form a new company called Huddling Tech Inc. The new group will offer risk and trading products to US sportsbooks. It has 80 staff members with offices in London, Croatia and Nevada.
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Why DeckPrism Merged With Huddle, Backed By Las Vegas Sands
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Casino Gaming Market 2022 Research Report by Size, Manufactures, Types, Application and Forecast to 2029

The report studies the global Casino Gaming Market in detail. It focuses on the competitive landscape, regional growth, market segmentation and market dynamics. The report also studies market's trajectory between forecast periods. It provides regional market forecasts by type and application, and global sales and production forecasts and estimates for Casino gaming by 2029. For the qualitative analysis, the report focused on political and regulatory scenarios, component benchmarking, technology landscape and important market topics.
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World Casino News

American iGaming flutter for Las Vegas Sands Corporation

Las Vegas Sands Corporation has made an inaugural strategic investment in Huddle Tech Incorporated. The move is for an undisclosed amount of cash. Online gaming market in the United States is expected to exceed $114 billion by 2028.
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American iGaming flutter for Las Vegas Sands Corporation
The Nevada Independent

Indy Gaming: ‘Economic challenges’ keeping five Clark County casinos closed into 2023

Five casinos in Southern Nevada are not going to reopen. The economic downturn is keeping the doors locked. Red Rock Resorts spends $2.1 million every three months to keep the properties operational. The Southern Nevadans produced a gaming revenue record of $1.17 billion in March. It is expected to be higher in the first four months of 2022. There are also concerns about the impact of inflation and high gas prices. For now, the three companies have written off any reopening plans. They are still required to pay state license fees and certain slot machine and table game taxes.
Lottery
Indy Gaming: ‘Economic challenges’ keeping five Clark County casinos closed into 2023
World Casino News

Macau ‘satellite’ casinos facing an uncertain future

Some Macau casinos have applied for permission to alter their operations in anticipation of coming regulatory changes. The changes are contained in the draft gaming bill currently making its way through the Legislative Assembly.
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Macau ‘satellite’ casinos facing an uncertain future
Defense World

Zacks: Brokerages Anticipate Las Vegas Sands Corp. (NYSE:LVS) to Announce -$0.19 EPS

Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a strong buy rating. The stock has an average rating of “Hold” and an analysts’ target price of $49.54. NEXT Financial Group Inc boosted its position in shares of Las Vegas Sands by 68.0% in the 4th quarter. Mizuho Securities Co. Ltd. acquired a new stake in Las Las Vegas Sands during the 1st quarter worth approximately $39,000. Hudock Inc. lifted its stake by 89.9% during 1ST quarter and now owns 1,056 shares. Desjardins Global Asset Management Inc acquired an additional $40,00 in stock.
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Zacks: Brokerages Anticipate Las Vegas Sands Corp. (NYSE:LVS) to Announce -$0.19 EPS
Defense World

Analysts Set Las Vegas Sands Corp. (NYSE:LVS) PT at $49.54

Las Vegas Sands Corp. (NYSE:LVS) has received a consensus recommendation of “Hold” from the fifteen analysts that are covering the company. Two analysts have rated the stock with a sell recommendation, four have a hold recommendation and three have given a buy recommendation to the firm. The average twelve-month target price among analysts has been $49.54. LVS has had several recent research reports. Morgan Stanley cut their target prices on shares of Las Vegas. Sands from $44.00 to $39.000 and set an ‘equal weight’ rating on the shares. Deutsche Bank cut the target on Las Las Sands to-$53.
Finance
Analysts Set Las Vegas Sands Corp. (NYSE:LVS) PT at $49.54
Defense World

Las Vegas Sands Corp. (NYSE:LVS) Receives Consensus Recommendation of “Hold” from Analysts

Las Vegas Sands Corp. (NYSE:LVS) has received an average recommendation of “Hold” from the fifteen analysts that cover the stock. Two analysts have rated the company with a sell recommendation, four with hold recommendation and three with buy recommendation. The average 12-month price objective among analysts who have covered the firm is $49.54. Several analysts recently commented on LVS. Zacks Investment Research raised Las Vegas Sates from a ‘sell’ to a hold rating. Wells Fargo & Company raised their target price on Las Las Sands from $41.00 to $45.000. Stifel Nicolaus decreased their price target on the casino operator from $56. 00 to  $46.
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Las Vegas Sands Corp. (NYSE:LVS) Receives Consensus Recommendation of “Hold” from Analysts
World Casino News

Arrears warning for Macau gambling market

Morgan Stanley warns that the combined debt of the six licensed casino operators in Macau could exceed $25 billion by the end of this year. The financial services giant also warns it may top $27 billion in liabilities by 2023.
Industry
Arrears warning for Macau gambling market
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Gambling News

Carolina Panthers’ Owner Invested in Las Vegas Sands and Wynn Resorts

David Tepper, owner of the Carolina Panthers, expanded the equity portfolio of Appaloosa Management. He bought 525,000 Las Vegas Sands shares and 225,00 Wynn Resorts shares. Teppers' investment depends on the recovery of Macau gambling market. The gambling sector in the region is struggling with the effects of COVID-19 pandemic.
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Carolina Panthers’ Owner Invested in Las Vegas Sands and Wynn Resorts
Seeking Alpha

Macau casino revenue plunges to 18-month low

Gross gaming revenue in Macau fell 68% year-over-year during April to 2.68B patacas ($331M). It was the lowest tally for the gambling region in 18 months. COVID restrictions in Shanghai, Beijing and Hong Kong cut into traffic to Macao during the month. JPMorgan warned meaningful easing to travel may only be seen late this year before ramping up toward a full recovery in 2023. Bank of America remains constructive on the Macua sector.
Finance
Macau casino revenue plunges to 18-month low
World Casino News

Macau casinos experienced an April slump

Macau casinos experienced a slump in April. Their gross gaming revenues for April declined by over 68% year-on-year to hit a 19-month low of $331.19 million.
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Macau casinos experienced an April slump
Gothamist

New York City casinos: What to know about the state’s big bet

The final three remaining state casino licenses were approved this month. New York City Mayor Eric Adams wants to have two casinos in the city. Las Vegas Sands and Hard Rock International have expressed interest in New Yorkers. Critics of casinos and the negative effects of gambling remain. The first four licenses for the state were reserved for regions north.
Land-based
New York City casinos: What to know about the state’s big bet
Asgam

Court rules in favor of Las Vegas Sands in US$12 billion battle with former Macau partner

Court of First Instance rules in favor of Las Vegas Sands Corp in a long-running battle against its former Macau partner, Asian American Entertainment Corporation. AAEC had been seeking around MOP$96.5 billion as compensation for alleged breach of contract after LVS exited their joint bid for a Macao casino license in 2002 and linked with Galaxy Entertainment Group instead. The case was dismissed in 2010. In January 2019, AA EC filed a suit against Venetian Maca Ltd, Las Las Sands Nevada, and Venetaian Casino Resorts LLC.
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Court rules in favor of Las Vegas Sands in US$12 billion battle with former Macau partner
Defense World

Las Vegas Sands (NYSE:LVS) Announces Earnings Results, Misses Expectations By $0.16 EPS

California State Teachers Retirement System grew its stake in Las Vegas Sands by 4.3% in the fourth quarter. California State teachers pension fund now owns 621,303 shares of the casino operator’s stock valued at $23,386,000. Amalgamated Bank grew her stake by 13.5% during the first quarter and now has 86,131 shares. Weiss Multi Strategy Advisers LLC purchased a new stake of $2,258,00. Advisors Asset Management Inc. grew it's stake with 58,913 shares worth $1,217,200.
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Las Vegas Sands, Bellagio Shanghai, Ritz Carlton Millenia

The Latest research study released by HTF MI “Global Resorts Casino Market” with 100+ pages of analysis on business Strategy taken up by key and emerging industry players. Las Vegas Sands, Metro-Goldwyn-Mayer, Caesars Entertainment, Galaxy Entertainment Group, Wynn Resort, SJM Holdings, Melco Crown Entertainment and Genting Malaysia are some of the Major Companies covered in the report. The report supplies the worldwide monetary challenge with the help of Porter’s Five Forces Analysis and SWOT Analysis.
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Defense World

Q4 2022 EPS Estimates for Las Vegas Sands Corp. (NYSE:LVS) Decreased by Jefferies Financial Group

The business had revenue of $943.00 million for the quarter. The company had a negative net margin of 22.70%. In the same quarter in the prior year, the firm posted ($0.25) earnings per share. Mizuho Securities Co. Ltd. bought a new stake in Las Vegas Sands in first quarter worth $39,000. Desjardins Global Asset Management Inc. acquired a position in LVS during the fourth quarter of worth about $40,00. Confluence Wealth Services Inc bought an additional $4,500 in shares of L VS. Bessemer Group Inc raised its position by 54.7% in fourth month.
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Defense World

Stifel Nicolaus Trims Las Vegas Sands (NYSE:LVS) Target Price to $46.00

Stifel Nicolaus reduced Las Vegas Sands’ price target from $56.00 to $46.000 in a research report. The price objective suggests a potential upside of 34.70% from the stock's previous close. Bank of America lowered shares of Las Las Sands from a “neutral” to an ‘underperform“ rating and reduced their price for the company from $ 46.0 to $40.50. Deutsche Bank Aktiengesellschaft dropped their target price on shares LasLas Sands to from £53.20 to £50, and lifted their target for them from €39.80 to €45.
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Stifel Nicolaus Trims Las Vegas Sands (NYSE:LVS) Target Price to $46.00
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Defense World

Las Vegas Sands (NYSE:LVS) PT Lowered to $39.00 at Morgan Stanley

During the same quarter last year, the business posted ($0.37) earnings per share. On average, research analysts expect that Las Vegas Sands will post 0.16 earnings for the current fiscal year. Nordea Investment Management AB lifted its stake in shares of Las Las Sands by 100.0% during the third quarter. AE Wealth Management LLC lifted their stake by 35.5% in the 3rd quarter and now owns 43,566 shares. ING Groep NV increased its position in LasLasSands by 7.7%. Allworth Financial LP increased position by 28.3% and owns 1,482 shares worth $54,000.
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Seeking Alpha

Macau casino stocks are falling again as COVID restrictions pick up

Macau casino stocks moved lower after developments in China over the weekend. JPMorgan lowered estimates on Macau gaming stocks earnings estimate. Galaxy Entertainment fell 2.26%, SJM Holdings 4.24%, and Melco Resorts & Entertainment 1.65%. Las Vegas Sands Corp. (LVS) -2.99%, Wynn Resort (NASDAQ:WYNN) - 2,75%, MGM Resports International (NYSE:MGM) 2:29%.
Covid
Macau casino stocks are falling again as COVID restrictions pick up
Asgam

Singapore extends Marina Bay Sands casino license until 2025

Singapore extends Marina Bay Sands casino license until 2025. MBS is owned and operated by Las Vegas Sands. Singapore is overhauling its casino industry. The Gambling Regulatory Authority of Singapore will be established as the single regulator for all forms of gambling. The state's two IRs – Marina and Resorts World Sentosa – are preparing to launch their own major expansion initiatives.
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Singapore extends Marina Bay Sands casino license until 2025
Defense World

Zacks: Analysts Expect Las Vegas Sands Corp. (NYSE:LVS) Will Announce Quarterly Sales of $1.16 Billion

Las Vegas Sands Corp. (NYSE:LVS) is expected to report $1.16 billion in sales for the current quarter. The company is scheduled to announce its next quarterly earnings report on January 1st. Analysts expect Las Vegas Sates to post sales of $6.49 billion for this fiscal year. For the next financial year, the business is expecting sales around $9.99 billion. Stifel Nicolaus lifted their price objective on Las Las Sands from $51.00 to $56.000.
Finance
Play USA

Florida Gulf Coast County Mulls Possible Casino Expansion

The gambling industry in Florida is gridlocked. The industry is controlled by the Seminole Tribe. Charlotte County Charter Review Commission approved a ballot question for the November 2022 election that would put any local casino construction to a vote of the 189,000 residents. All seven casinos in the state of Florida operate on tribal land. Any expansion of gambling on non-tribal lands would require new laws. In 2019, Floridians approved Amendment 3, which requires any gambling expansion off tribal lands to receive 60% voter approval.
Law
Seeking Alpha

Macau casino stocks could be impacted by new COVID deaths in Shanghai

Macau casino stocks are on watch this week. The government in Shanghai has set a new target of zero new cases at the community level by April 20. There were 23,643 new local infections in the city for April 16. Three deaths were reported. Some areas in Zhengzhou Airport Economy Zone were placed under quarantine. Jefferies analyst David Katz notes that the near-term outlook for Macau casinos remains bleak due to the Shanghai Lockdown. Outside of China, the casino sector is setting up for a strong 2022 after Delta Air Lines' earnings tipped off a potential boom in summer travel.
Covid
Macau casino stocks could be impacted by new COVID deaths in Shanghai
Asgam

Thai committee to submit report on legalized casinos in May

The committee examining the feasibility of opening regulated casinos in Thailand will submit its report next month. Bangkok is considered the number one location for such a development. Other possible locations include Pattaya and Phuket. Thailand is one of three ASEAN nations without legal casinos. It is estimated that half of Thailand's adult population gambles via illegal means. With a population of almost 70 million, Thailand remains the world's 20th most populous country.
Law
Thai committee to submit report on legalized casinos in May
Gambling News

Thai Committee to Soon Submit Research Results about Building a Casino Resort

60-member committee will decide whether Thailand will get its first casino resort by the end of May 2022. The committee is made up of 15 members of the current cabinet and 45 politicians from Thailand's various political parties. Chutchawan Kong-u-dom, leader of Thai Local Power Party is the main promoter of this idea.
Travel
Thai Committee to Soon Submit Research Results about Building a Casino Resort
CoinDesk

Texas, Alabama Securities Regulators Block Sales of ‘Metaverse’ Casino NFTs

Sand Vegas Casino Club has been ordered by securities regulators in two U.S. states to stop selling NFTs promising a cut of profits from casinos on Metaverse platforms. The team forecasted proceeds of up to $24,480 from the Gambler NFTS and up $81,000 per year from higher-end Golden NFS. Texas Securities Commissioner says what happens in the Metaversal does not stay in MetaVERSE. Most major cryptos were in green in Wednesday trading.
Innovation
Texas, Alabama Securities Regulators Block Sales of ‘Metaverse’ Casino NFTs
Review Journal

Scottish gambler hits $280K jackpot on Strip

Peter Ferguson won $280,007 playing Ultimate Texas Hold’em on the Strip at The Palazzo. It only took a $5 bet and travelling 4,872 miles from Scotland to Las Vegas to win the jackpot.
Winnings
Scottish gambler hits $280K jackpot on Strip