#LVS

iNtergame

Las Vegas Sands outperforms Q1 estimates

Chairman and chief executive officer Robert G. Goldstein attributed the strong performance to growth in both Macau and Singapore. "Our financial strength and industry-leading cash flow support our ongoing investment and capital expenditure programs in both Macao and Singapore, our pursuit of growth opportunities in new markets, and our program to…

Industry ・ 5 days

World Casino News

LVS Suffers Legal Setback Over Its NY Casino Plans

Recently, New York State Supreme Court Justice Sarika Kapoor, the very same judge who formerly invalidated lease of the Las Vegas Sands (LVS) with Nassau County last November, decided that LVS doesn't have a legally acceptable lease to manage the Nassau Coliseum and the ground surrounding it. Additionally, this ruling poses another problem for the…

Law ・ 26 February 2024

AOL

The consequences of what can happen when a Las Vegas casino owns your NBA team

The same people who re-set the norms on Las Vegas now own and operate the Dallas Mavericks. Mavs fans who want to attend a game at the American Airlines Center should expect to be treated no different than the weekender who stays at the Venetian, or any other Las Vegas Sands (LVS) property. You're not a fan. You're a customer. The two are…

Land-based ・ 24 February 2024

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 ・ 17 February 2024

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iNtergame

$2.92bn revenue for Las Vegas Sands in Q4

Both figures are a significant increase on the results for Q42022. Consolidated adjusted property EBITDA reached $1.2bn, compared to $222m in 2022. "We were extremely pleased with our financial and operating results for the quarter, which reflect the ongoing improvement in the operating environment in both Macau and Singapore. We remain deeply…

Industry ・ 25 January 2024

The Globe and Mail

The house always wins, which makes casino stocks a good bet

There's an old and irrefutable saying: "The house always wins." It refers to the fact that casinos and online betting sites consistently make money, while gamblers almost always end up losing sooner or later. A 2013 study by The Wall Street Journal estimated that 13.5 per cent of players that go to physical casinos come out ahead. Few of those…

Finance ・ 03 January 2024

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 ・ 02 January 2024

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 ・ 12 December 2023

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Seeking Alpha

Nevada casinos record best October ever ahead of Fountainebleau, Durango debuts (NYSE:MGM)

Casinos in Nevada saw a 2.7% year-over-year increase in gaming win during October to $1.32B, according to data compiled by the Nevada Gaming Control Board. The gaming win tally was slightly higher than the $1.27B gaming win total for September and was the best ever for the month of October. Slot machine gaming win was up 2.0% to $894M, while table…

Land-based ・ 01 December 2023

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 ・ 30 November 2023

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 ・ 20 October 2023

Seeking Alpha

Las Vegas casinos post big numbers in July as conventions, leisure travel play in

Nevada gaming win for July rose 6.7% from a year ago to $1.40B. The tally makes it the 29th month in a row that gaming win in the state has been over $1B. The solid demand in the Las Vegas region this year has taken some of the sting out of the argument that legalized online sports betting and brick-and-mortar gambling in new states would cut…

Land-based ・ 31 August 2023

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Online Gambling Sector Shows Strong Growth in Gaming Industry

The gaming industry has experienced significant growth in online gambling. Research firm Insider Intelligence estimates that the amount of money bet on sporting events in the U.S. will increase by 45% to reach almost $137 billion this year. In addition, the revenue from iGaming, which involves betting on traditional casino games online, has surged…

Industry ・ 09 August 2023

The Motley Fool

A "Powerful Recovery" in Macao Could Help Lift Las Vegas Sands Stock

The pandemic dealt a tough blow to casino resorts, but business is gearing up again. With its Singapore resort humming along nicely and Macao back open for business, Las Vegas Sands (LVS 2.62%) is focused on recovery and a bright future. Let's look at the company's recent quarterly results to get a better idea of where the casino stock might be…

Finance ・ 01 May 2023

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 ・ 30 April 2023

Barron's

Las Vegas Sands Stock Surges Earnings, Comeback in Macau

Macau-exposed casino stocks gained early Thursday after Las Vegas Sands signaled that a "robust recovery" in travel and tourism spending was under way in the region. The casino operator's earnings and revenue beat expectations in the first quarter, while management flagged positive trends in Macau as well as Singapore. The stock (ticker: LVS)…

Travel ・ 21 April 2023

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The Motley Fool

Better Buy: Wynn Resorts or Las Vegas Sands Stock?

The gaming and resort industry continues to recover from the pandemic, and one of the biggest gaming markets in the world reopened earlier this year: Macao, China. With Macao back in action, casino operators there stand to benefit from pent-up demand -- as do casino stock investors. Here, I'll compare two American casino companies with properties…

Industry ・ 19 March 2023

Seeking Alpha

Las Vegas Sands: Still Too Cheap To Ignore, Macau Joins Singapore In Recovery Cycle (LVS)

Industry ・ 16 March 2023

iGaming Business

Japan casino picture slowly coming into focus

Japan will make a decision on applications for integrated resorts from Osaka and Nagasaki in the coming months, perhaps as soon as this month. Then authorities will decide the fate of one or more unissued IR licences, with the distinct possibility of a supplementary round of applications that could include prime sites Tokyo and Hokkaido. That's the…

Politics ・ 09 March 2023

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 ・ 02 February 2023

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TipRanks

Las Vegas Sands Stock (NYSE:LVS) Should Continue Skyrocketing on China’s Reopening

Invariably, a hot-streaking enterprise like Las Vegas Sands (NYSE:LVS) raises concerns about whether it can continue skyrocketing. Obviously, no one wants to buy at the peak only to hold the bag later. However, Las Vegas Sands may indeed overcome objections based on a key catalyst: China, China, China. Therefore, I am bullish on LVS…

Finance ・ 02 February 2023

Seeking Alpha

Las Vegas casinos shine in December led by baccarat, sports books

Casinos in Nevada saw gaming win increase 14% in December to more than $1.31B, according to an update from the Nevada Gaming Control Board. Las Vegas Strip casinos accounted for $814M of the monthly tally, which was up 25% from the level a year ago. An increase in group and convention business during the month and events like Raiders home football…

Land-based ・ 01 February 2023

Skift

Las Vegas Sands Eyes Casino For NY's Long Island

Move over Macau and Singapore. Las Vegas Sands is betting on Long Island, unlike other city-centric developers spending millions to win a casino license in New York. All these new proposals are focusing on corporate meeting spaces and tourism boosts to the economy to turn the odds in their favor. Las Vegas Sands is pursuing a multi-billion flagship…

Travel ・ 31 January 2023

The Motley Fool

Asia's Gambling Market Is Starting to Thaw

Asia's gambling markets have been hammered by COVID-19 and the zero-COVID policy in China, but that's starting to shift. China is opening up the economy again, and if Las Vegas is any indication, that could lead to a boom in gambling activity in Macao and Singapore. Motley Fool contributors Travis Hoium and Jason Hall discuss why Las Vegas Sands…

Industry ・ 31 January 2023

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 ・ 15 January 2023

Seeking Alpha

Las Vegas Sands eyes Long Island for large casino project

Las Vegas Sands (NYSE: LVS) announced its intention to pursue the development of a multi-billion-dollar flagship hospitality, entertainment and casino project on Long Island, New York. The company said it has entered into agreements to purchase the long-term lease of the site currently home to the Nassau Veterans Memorial Coliseum. The transactions…

Industry ・ 15 January 2023

MarketBeat

State of New Jersey Common Pension Fund D Decreases Stock Holdings in Las Vegas Sands Corp. (NYSE:LVS)

State of New Jersey Common Pension Fund D cut its position in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 2.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 205785 shares of the casino operator's stock after selling 5204 shares during the quarter. State of New Jersey…

Finance ・ 13 January 2023

TipRanks

MLCO, MGM, or LVS: Which Casino Stock Could be the Best Bet in 2023?

Stocks of casino operators with exposure to Macau, an administrative region in China and a major gambling destination, have rallied recently on hopes of strong recovery following the easing of COVID-19 restrictions. Moreover, Macau granted new licenses to six casino operators in late 2022 for a period of ten years. Additionally, certain analysts…

Land-based ・ 11 January 2023

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 ・ 10 January 2023

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 ・ 05 January 2023

Trefis

Is Las Vegas Sands Stock A Buy With Macau On Cusp Of Recovery?

Las Vegas Sands (NYSE:LVS) stock has fared well over the last quarter or so, rising by about 40% since the end of October 2022. The recent gains come as two major overhangs relating to the Macau business - which accounted for over 60% of the company's pre-pandemic revenue - appear to be easing. Firstly, China's State Council has been rolling back…

Travel ・ 04 January 2023

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 ・ 04 January 2023

Markets Insider

Why Are Casino Stocks WYNN, LVS Up Today?

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Casino stocks are rallying higher on Tuesday on hopes that China will continue relaxing its Covid-19 policies. Those restrictive policies kept a tight lid on local economies and drew the ire of its citizens. Now, investors are looking at potential upside in the country. Wynn…

Finance ・ 28 December 2022

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 ・ 28 December 2022

The Motley Fool

Casinos Win New Macao Licenses, but Will Shares Rise?

The largest casinos got an early Christmas present last month after China renewed their licenses in Macao for another 10 years. While the likelihood of being denied renewal was small after they had invested billions of dollars in the gambling mecca and spent billions more on developing nongaming activities at the behest of Beijing, it was still a…

Land-based ・ 21 December 2022

Best Stocks

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

Barclays' research analysts raised their price target for Las Vegas Sands (NYSE: LVS), raising it from $43.00 to $57.00 in a study published on Thursday. The Fly shared the information in their article. The company views the casino operator's shares as an "overweight" investment at present and for the foreseeable future. Compared to the price at…

Finance ・ 16 December 2022

Vegas Slots Online

Mavericks Owner Wants New Arena in the Middle of Casino

Dallas Mavericks owner Mark Cuban wants to build a new arena in the middle of a casino resort if gambling options expand in the state. would partner with casino company Las Vegas Sands He outlined the ambitious project to Dallas News in an interview this week. As part of his plans for the NBA team, Cuban said he would partner with casino company…

Law ・ 16 December 2022

Seeking Alpha

Japan is expected to announce in 2023 the location of its first casino resort

The long wait for legalized gaming in Japan could extend even further with the Ministry of Land, Infrastructure, Transport, and Tourism not confident it will be able to reach a final decision by the end of 2022 on proposals from the Osaka and Nagasaki prefectures for the location of the first integrated resort in the nation. The Osaka proposal is…

Travel ・ 13 December 2022

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 ・ 05 December 2022

The Motley Fool

Casino Stocks Got Good News, but Investors Remain Wary

The stock market started the week on the wrong foot, as investors focused on threats to the health of the global economy in key areas like China. The Dow Jones Industrial Average ( ^DJI -1.45%), Nasdaq Composite ( ^IXIC), and S&P 500 ( ^GSPC -1.54%) all dropped about 1.5%, giving up a portion of their November gains. Casino stocks have been hit…

Finance ・ 29 November 2022

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 ・ 28 November 2022

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 ・ 21 November 2022

Seeking Alpha

Searching for green shoots with Macau casino stocks (OTCMKTS:WYNMF)

The painfully slow recovery in Macau may have taken another step forward after Macau daily revenue for the week ending November 13 was reported to be 37% higher than the first six days of November. The relative jump in Macau gross gaming revenue was likely tied to mass testing for COVID ended in Macau on November 5, according to Jefferies analyst…

Finance ・ 14 November 2022

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 ・ 14 November 2022

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 ・ 11 November 2022

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 ・ 02 November 2022

Seeking Alpha

Wynn Resorts, Las Vegas Sands lead rally in Macau casino stocks on reopening hopes

Macau gross gaming revenue fell 10.7% in October to $3.9B patacas ($482M) compared to a year ago, according to data from the Gaming Inspection and Coordination Bureau. The GGR tally was worse than the -8.5% consensus mark anticipated by analysts. October casino GGR was up 31.6% on a month-on-month comparison with some tourism channels to Macau from…

Travel ・ 01 November 2022

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 ・ 31 October 2022

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 ・ 26 October 2022

The Motley Fool

Why Las Vegas Sands Stock Jumped Higher Earlier Today

Las Vegas Sands (LVS 3.94%) were up 12.4% as of 1:05 p.m. ET on Monday. The jump followed positive news over the weekend about the return of tourism in China's Macau Special Administrative Region, where Las Vegas Sands has invested over $15 billion for future growth. Other casino stocks were also rising on the news, with Wynn Resorts up 12.8% at…

Travel ・ 22 October 2022

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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 ・ 21 October 2022

Barron's

Las Vegas Sands Had a Mixed Quarter. Macau Isn't Helping Yet.

Las Vegas Sands beat third-quarter revenue expectations, but earnings-weighed down by higher expenses-missed and sales declined in the gaming and lodging giant's Chinese operations. Las Vegas Sands (ticker: LVS) reported a third-quarter adjusted net loss of 29 cents per share, wider than estimates for a loss of 24 cents a share. Revenue clocked in…

Finance ・ 19 October 2022

Best Stocks

On Wednesday, Las Vegas Sands (LVS) will report its quarterly earnings.

Las Vegas Sands (NYSE: LVS) will release its results report for the prior quarter on Wednesday, October 19, after the stock market has closed. There is a general agreement among those who follow the market that Las Vegas Sands will report a loss of $0.20 per share for the third quarter. On July 20, Las Vegas Sands (NYSE: LVS) released their most…

Finance ・ 18 October 2022

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 ・ 13 October 2022

The Motley Fool

Which of These Casino Stocks Is a Hotter Buy?

Casino-based resorts have certainly changed over the years. The word casino translates to "small house," and the first casinos were just that -- small, dimly lit gambling venues. Over time, casinos evolved into colossal resorts, complete with entertainment, convention facilities, luxury shopping malls, theme parks, pools, and fine dining. These…

Finance ・ 06 October 2022

Seeking Alpha

Macau Casinos: Time To Place Your Bets

It used to be the world's biggest. It was so massive, and the second place was much so smaller in comparison that we can't even call them peer competitors. The gambling revenue of Macau was six times that of Las Vegas as of 2019. Then, COVID-19 happened, and Macau's gambling revenue fell nearly 80% over the next 2 years. Today, Macau's pandemic…

Travel ・ 03 October 2022

Sigma

Zacks Investment urges care on Macau casino stocks despite gains

Macau stocks jumped this week after a relaxation in travel restrictions, but investors should probably wait for more consistent positive profit forecasts before piling in, Zacks Investment said. The stocks surged after China indicated that it would reinstate electronic visas and group travel tours in the first significant easing since the borders…

Finance ・ 29 September 2022

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 ・ 27 September 2022

Seeking Alpha

Why did Las Vegas Sands stock jump on Monday? Loosening Macau restrictions spark upgrade

Las Vegas Sands (NYSE: LVS) was the beneficiary of double-barreled positive impacts on Monday, as Macau signaled easier entry for gamblers and Jefferies upgraded the stock to Buy.

Payment Methods ・ 26 September 2022

CNBC

Jefferies upgrades Las Vegas Sands, Wynn Resorts on Macao reopening

Jefferies on Monday upgraded Las Vegas Sands and Wynn Resorts after Macao announced its plan to allow Chinese tour groups back in the casinos as soon as November. The Wall Street firm boosted the rating for the casino operators to buy from hold following news that the Macau government said it will resume visitation access from mainland China…

Travel ・ 26 September 2022

Investor Place

Why Are Casino Stocks LVS, WYNN, MLCO Up Today?

Casino stocks are rising higher on Monday and they have China's easing Covid-19 restrictions to thank for the boost! China is planning to reduce restrictions in Macau, the world's gambling hub, starting in November. This will allow tour groups from Mainland China to visit the casinos in the area for the first time in almost three years. That will…

Finance ・ 26 September 2022

The Street

Las Vegas Sands Stock Leaps As Macau Eases Covid-Era Gaming Rules

Las Vegas Sands (LVS) shares lead U.S. casino operators sharply higher Monday after officials in the city of Macau, the world's largest gaming hub, agreed to allow tour groups from mainland China for the first time in nearly three years. Macau, a Special Administrative Region of the People's Republic of China, said group visits - heavily restricted…

Covid ・ 26 September 2022

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 ・ 26 September 2022

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 ・ 22 September 2022

Seeking Alpha

Las Vegas Sands: Capitulation Here Or Near

Owning it: I have been following the shares of Las Vegas Sands (NYSE: LVS) for five years, for any number of reasons that most investors share with me. It is the global leader of the gaming industry, having been built from the Las Vegas legacy of the original Sands, home of the famous Rat Pack of Frank Sinatra, and decades later, its extension to…

Travel ・ 22 September 2022

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 ・ 20 September 2022

Vegas Slots Online

US Casino Landlords Dominate 2022 US Property Sector

Casino real estate investment trusts (REITs) have surprised many industry experts with their inflation-hedging abilities. They have now become the only segment of the US property sector to post positive financials in 2022. casino REITs are better protected from inflation" On Friday, Hoya Capital research revealed that "casino REITs are better…

Travel ・ 19 September 2022

Proactive

Las Vegas Sands Stock Strength Rising

There are no sure bets in Las Vegas. Its nickname "Lost Wages" is no coincidence. But one thing is sure; the house always wins in the long run. And on Monday, Las Vegas Sands (LVS), the world's biggest casino company with a market cap of nearly $30 billion, earned an upgrade to its stock Relative Strength (RS) Rating, from 73 to 85. The 85 rating…

Travel ・ 13 September 2022

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 ・ 02 September 2022

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 ・ 25 August 2022

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 ・ 23 August 2022

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 ・ 18 August 2022

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 ・ 15 August 2022

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 ・ 15 August 2022

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 ・ 13 August 2022

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 ・ 10 August 2022

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 ・ 07 August 2022

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 ・ 03 August 2022

The Motley Fool

Macao's Casino Stocks May Never Recover From COVID-19

Entertainment venues in the U.S. have opened and are running full speed ahead, with very few exceptions. The COVID-19 pandemic has certainly impacted business, but we don't see lockdowns and restrictions that bring entire operations to a screeching halt anymore. The same can't be said for China and Macao, where lockdowns are still a regular…

Covid ・ 28 July 2022

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 ・ 28 July 2022

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 ・ 24 July 2022

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 ・ 24 July 2022

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 ・ 21 July 2022

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 ・ 21 July 2022

Times Union

Las Vegas Sands: Q2 Earnings Snapshot

LAS VEGAS (AP) _ Las Vegas Sands Corp. (LVS) on Wednesday reported a loss of $290 million in its second quarter. The Las Vegas-based company said it had a loss of 38 cents per share. Losses, adjusted for non-recurring costs and to account for discontinued operations, were 34 cents per share.

Slot Name ・ 20 July 2022

Pulse 2.0

Las Vegas Sands (LVS) Stock: Why It Increased Over 3% Today

The stock price of Las Vegas Sands Corp. (NYSE: LVS) increased by over 3% during intraday trading today. Investors are responding positively to reports that Macau could reopen on July 23. According to MacauBusiness, authorities revealed information about the partial lockdown easing period that will start on that date with some businesses, public…

Covid ・ 20 July 2022

Defense World

Las Vegas Sands Corp. (NYSE:LVS) Shares Sold by Kestra Advisory Services LLC

Kestra Advisory Services LLC trimmed its position in shares of Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 81.6% in the first quarter, Holdings Channel.com reports. The firm owned 18151 shares of the casino operator's stock after selling 80412 shares during the period. Kestra Advisory Services LLC's holdings in Las Vegas Sands were worth…

Travel ・ 20 July 2022

The Street

Which Casino Stocks Are Your Best Bets?

As investors await second-quarter earnings reports for major gaming/casino companies, Wells Fargo analysts warn of a slowdown in the industry. They see "signs that U.S. gaming spending has begun to soften, as consumers grapple with rising inflation, higher interest rates, and increasing economic uncertainty," they wrote in a commentary. "We do not…

Finance ・ 18 July 2022

Seeking Alpha

Las Vegas Sands Has A Macau And Convention Revenue Problem (NYSE:LVS)

Macau casino stocks are a rough place to have cash, now that lockdowns akin to the 2020 ones are being reinstituted as part of China's zero-COVID effort. Market declines are pricing in about 250 days of lockdown in Macau for big player Las Vegas Sands (NYSE: LVS) which might be excessive. New cash proceeds from the Las Vegas sales help out the debt…

Finance ・ 18 July 2022

New Jersey Online Gambling

Macau Casinos Get $1.5 Billion in Loans from Wynn and LVS

Two Macau casinos received large loans from their US parent companies, helping them weather the latest COVID shutdown. Although, it may be US gamblers and shareholders who pay the price in the end. Last month, Wynn Resorts provided a $500 million revolving loan to Wynn Macau. Meanwhile, Las Vegas Sands loaned Sands China $1 billion. The US casino…

Gaming Authorities ・ 17 July 2022

Defense World

Las Vegas Sands Corp. (NYSE:LVS) Stock Holdings Lowered by Sumitomo Mitsui Trust Holdings Inc.

Sumitomo Mitsui Trust Holdings Inc. reduced its holdings in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 0.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 831711 shares of the casino operator's stock after selling 5789 shares during the quarter.…

Finance ・ 17 July 2022

Defense World

Oregon Public Employees Retirement Fund Lowers Holdings in Las Vegas Sands Corp. (NYSE:LVS)

Oregon Public Employees Retirement Fund reduced its stake in shares of Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 1.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 27607 shares of the casino operator's stock after selling 350 shares…

Jobs ・ 13 July 2022

EconoTimes

Gambling Corporation Las Vegas Sands Plans to Create a New Casino in Florida

With its warm climate and sunny beach resorts, Florida is a major tourist location and a large market for casino gambling. Perhaps this is what casino gaming company Las Vegas Sands saw in 2012 and decided it was time to invest in some gaming expansion efforts in the state. After the proposal was rejected by lawmakers that same year, the LV Sands…

Law ・ 12 July 2022

Markets Insider

Macau Lockdown Slashes Targets For Las Vegas Sands, MGM, Wynn

Gambling stocks traded sharply lower on Monday morning as Macau casinos shut down for a week. In response, one Wall Street analyst cut his price targets for U.S.-listed casino stocks with exposure to Macau. The Analyst: Bank of America analyst Shaun Kelley issued the following price target cuts on Monday: Las Vegas Sands Corp. (NYSE: LVS),…

Covid ・ 12 July 2022

Pulse 2.0

Las Vegas Sands (LVS) Stock: Why Its Trending Today

The Las Vegas Sands Corp. (NYSE: LVS) stock is trending today and the price fell by over 6% during intraday trading. Investors are responding negatively to new COVID lockdowns in Macau due to a COVID outbreak. All of the casinos in Macau were shut down for the first time in over two years today. The casinos will be shut down for one week and Macau…

Covid ・ 11 July 2022

Proactive

Casino Stocks, Oil Prices Tumble On China Lockdowns

Oil futures and casino stocks sank Monday on fresh Covid-19 news out of China. Natural gas prices bolted on the scheduled shutdown of the Nord Stream pipeline, cutting Russia's gas supply to Germany, amid already sky-high demand and tight supply. On Monday morning, Macau - an administrative region in China and the world's largest gambling hub -…

Covid ・ 11 July 2022

InvestorsObserver

Premarket Mover: Las Vegas Sands Corp. (LVS) Down 5.32%

Las Vegas Sands Corp. (LVS) is down Monday morning, with the stock losing -5.32% in pre-market trading to 32.55. LVS's short-term technical score of 42 indicates that the stock has traded less bullishly over the last month than 58% of stocks on the market. In the Resorts & Casinos industry, which ranks 118 out of 146 industries, Las Vegas Sands…

Travel ・ 11 July 2022

The Street

Las Vegas Strip Casino Leaders Take Unexpected Covid Hit

Covid crushed the travel business and few cities took a bigger hit than Las Vegas. Under orders from Nevada Gov. Steve Sisolak (D), the city's casinos, hotels and restaurants closed for roughly two months in the early days of the pandemic. The reopening of Sin City was a slow process, with the two biggest Las Vegas Strip players -- Caesars…

Covid ・ 11 July 2022

Markets Insider

Why Are Casino Stocks WYNN, LVS Down Today?

Wynn Resorts (NASDAQ: WYNN) stock and Las Vegas Sands (NYSE: LVS) stock are both declining 8% in early morning trading. Casino stocks are slumping after new Covid-19 restrictions were imposed in the Chinese region of Macau. Although Wynn and Las Vegas Sands are based in the U.S., they both own multiple casinos in Macau. After the new coronavirus…

Finance ・ 11 July 2022

Barron's

Las Vegas Sands Took a Macau Hit. Why Singapore Can Help.

For investors willing to roll the dice on travel stocks, Las Vegas Sands got another vote of confidence Wednesday. With another quarter in the books without a Macau reopening, J.P. Morgan analyst Joseph Greff lowered his estimates for Las Vegas Sands (ticker: LVS). And although he writes that this "is not at all surprising to investors," he also…

Covid ・ 06 July 2022