Las Vegas Sands Defeats Casino Money-Laundering Controls Suit

Related

West Island

Las Vegas Sands Eyes $6B Nassau County Casino Resort

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

Industry ・ 26 January 2024

Reuters

Las Vegas Sands second-quarter revenue beats Wall Street estimates

NEW YORK, July 19 (Reuters) - Las Vegas Sands Corp's (LVS.N) second-quarter revenue exceeded Wall Street estimates, benefiting from non-gaming programming in Macao as tourism rebounds from China's loosening of its zero-COVID policy and mass gaming reaching another record in Singapore. The casino operator's revenue rose to $2.5 billion in the second…

Finance ・ 20 July 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

Casino Guru

Las Vegas Sands posts third-quarter results

Global gaming, hospitality and entertainment giant Las Vegas Sands has revealed its financial results for the three-month period ended on September 30, 2021. Company CEO and chairman Robert G. Goldstein confirmed that the Las Vegas Sands faced a challenging quarter which was marked by the lasting impact from previous reporting…

Strategy Guide ・ 21 October 2022

Wild Casino

$5,000 Welcome Bonus

Deposit bonuses are optional and must be requested by the player when making a deposit. For example, use Promo Code WILD1 to a 100% Casino bonus. Your bonus request will be assessed and, if your account is eligible for the bonus, it will be added to your account immediately.

Review Journal

Macao travel restrictions continue to pummel Las Vegas Sands

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

Travel ・ 21 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

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

Review Journal

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

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

Covid ・ 27 July 2022

RELATED LOCATION

Country

USA

State

Nevada

City

Las Vegas, USA

The Nevada Independent

Singapore resort keeps Las Vegas Sands afloat as Macau continues to crater

For the near term, Las Vegas Sands is a single casino company. Sands sold its Las Vegas holdings in February and its Macau casinos are operating at roughly 50 percent following a two-week shutdown tied to increased COVID-19 infections. The company relies on the Marina Bay Sands in Singapore for the majority of its revenue and cash flow. Last week,…

Covid ・ 27 July 2022

Review Journal

Weeklong Macao casino shutdown affecting Sands, MGM, Wynn begins

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

Covid ・ 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

Defense World

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

IFM Investors Pty Ltd lifted its position in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 17.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 53460 shares of the casino operator's stock after acquiring an additional 8025 shares during the period. IFM Investors Pty Ltd's holdings in…

Finance ・ 02 July 2022

RELATED CATEGORIES

Category

Finance

Category

Industry

Category

Trust and Safety

Defense World

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

NYSE:LVS - Get Rating) have been given a consensus rating of "Hold" by the fourteen ratings firms that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating, three have given a buy rating and one has given a strong buy rating to the company.…

Finance ・ 18 June 2022

Defense World

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

NYSE:LVS - Get Rating) have received a consensus recommendation of "Hold" from the fifteen research firms that are currently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, four have given a hold recommendation, three have given a buy recommendation and one has assigned a strong buy…

Finance ・ 24 May 2022

Vegas Slots Online

Las Vegas Sands Eyes New York, Texas, Florida Casinos

Las Vegas Sands is contemplating a return to the American market, specifically eyeing New York, Texas, and Florida. [Image: Shutterstock.com] Las Vegas Sands Corporation (LVS) is eyeing future sites in New York, Texas, and Florida amid a potential return to the US market. Marina Bay Sands in Singapore has been the company's top grosser LVS closed a…

Covid ・ 29 April 2022

Forbes

Las Vegas Sands Stock: Ride The Momentum Or Pull Out?

After going through the public consultation procedure, the Macau Gaming Bill is under discussion by the members of the legislative assembly. The draft bill proposes six concessionaires with a maximum term of ten years. The uncertainty surrounding the number of casino licenses led to a deep contraction in Las Vegas Sands stock (NYSE: LVS). Given the…

Finance ・ 26 January 2022

Review Journal

Macao news propels stock prices for some Las Vegas casino operators

The stock prices of two Las Vegas-based gaming companies with operations in Macao soared Friday after the government there clarified its casino licensing framework following earlier proposals that clouded the region's outlook. Las Vegas Sands Corp., which operates one property on the Macao peninsula and five on the offshore Cotai Strip, saw its…

Land-based ・ 17 January 2022

Forbes

Will Tides Turn For Las Vegas Sands Stock?

Since March, the shares of Las Vegas Sands (NYSE: LVS) and Penn National Gaming (Nasdaq: PENN) have observed a deep contraction after observing a strong rally in the first quarter. While the anticipation of increased regulatory oversight has led to pessimism in Las Vegas Sands stock, the shares of Penn National Gaming observed a broad-based…

Finance ・ 31 December 2021

The Motley Fool

Las Vegas Is a Better Bet as Macao Gambling Revenue Tumbles

The recovery in casino gambling in Macao always seems to be just around the corner, but it never quite arrives. Yet another plunge in monthly gambling revenue in October shows the rebound remains over the horizon and makes Las Vegas casinos the better bet. For those resort operators like Las Vegas Sands (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN)…

Finance ・ 13 November 2021

Markets Insider

Is Las Vegas Sands About to Become an Unstoppable Growth Stock?

Casino company Las Vegas Sands (NYSE: LVS), which sold off its Nevada properties and went all-in on Macao and Singapore, reported its third-quarter results on Wednesday. But while many other gambling enterprises are enjoying a vigorous 2021 rebound, Sands' revenue and earnings results were more reminiscent of the metrics it saw during 2020's…

Covid ・ 01 November 2021

Review Journal

COVID-19 ‘deep cleaning’ to close Marina Bay Sands casino through Aug. 5

The casino at Las Vegas Sands' iconic Marina Bay Sands resort in Singapore has been closed while the company addresses new COVID-19 alerts established by the government. "In view of the heightened COVID-19 situation in Singapore, Marina Bay Sands will be operating on revised capacities and stricter measures across property, in support of the…

Covid ・ 24 July 2021

The Motley Fool

Las Vegas Sands May Have a Longer Road to Recovery Than Expected

The gambling industry is having an uneven recovery no matter where you are in the world. The U.S. market seems to be doing best with entertainment travelers coming back, driving regional casino revenue and weekend revenue in Las Vegas. But the lucrative corporate customers who have long driven mid-week revenue have been absent. We're seeing that…

Covid ・ 13 May 2021

The Motley Fool

The 3 Largest Gambling Stocks in 2020

The gambling industry is certainly an interesting place for investors to seek opportunity today. The casino side of the industry is in turmoil right now, as COVID-19 has changed the game for the leading players. However, if and when a COVID-19 vaccine is approved for safe use, these beaten-down stocks could surge big time. On the other hand, the…

Sports ・ 19 January 2021