#LVS

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…

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…

Las Vegas Sands Corp. (LVS) is around the top of the Resorts & Casinos industry according to InvestorsObserver. LVS received an overall rating of 53, which means that it scores higher than 53 percent of all stocks. Las Vegas Sands Corp. also achieved a score of 73 in the Resorts & Casinos industry, putting it above 73 percent of Resorts &…

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…

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…

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…

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…

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…

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)…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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%…

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%…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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.…

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…

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…

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…

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 &…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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.

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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.…

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…

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.…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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.

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…

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…

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…

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…

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…

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.…

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…

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…

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),…

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…

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 -…

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…

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…

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…

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…

Wedbush Securities Inc. lessened its holdings in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 35.3% during the 1st quarter, HoldingsChannel.com reports. The fund owned 7282 shares of the casino operator's stock after selling 3980 shares during the period. Wedbush Securities Inc.'s holdings in Las Vegas Sands were worth $283000 at the end of the…

Las Vegas Sands (NYSE:LVS - Get Rating) had its price objective lowered by Citigroup from $57.00 to $56.00 in a research note released on Tuesday morning, The Fly reports. The brokerage currently has a buy rating on the casino operator's stock. LVS has been the subject of a number of other research reports. Deutsche Bank Aktiengesellschaft lowered…

It used to be that in Macau, two pips on a pair of dice-snake eyes-were the most unwelcome sight. Now it's two lines on a Covid-19 test. Indeed, the most recent outbreak of the virus on the island has Citigroup forecasting that a broader reopening won't begin until the first quarter of 2023. Yet that doesn't mean the casino stocks aren't a buy…

Las Vegas Sands (NYSE:LVS - Get Rating) had its target price reduced by Citigroup from $57.00 to $56.00 in a research report issued to clients and investors on Tuesday, The Fly reports. Citigroup's price target points to a potential upside of 58.73% from the stock's current price. A number of other equities analysts also recently issued reports on…

Hartford Investment Management Co. lessened its position in shares of Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 6.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32323 shares of the casino operator's stock after selling 2280 shares during the period. Hartford…

AE Wealth Management LLC cut its stake in shares of Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 2.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 38220 shares of the casino operator's stock after selling 779 shares during the period. AE Wealth Management LLC's…

Koshinski Asset Management Inc. decreased its position in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 32.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6428 shares of the casino operator's stock after selling 3068 shares during…