Las Vegas Sands Corp. (LVS) - NYSE
  • Tue, Jul. 26, 10:57 AM
    • The Macau casino sector is riding high after Las Vegas Sands (LVS +4.7%) pointed to a "stabilization" trend in the mass market segment.
    • The focus by investors is starting to pivot to new projects with Wynn Palance (August 22) and Sands Parisian (September 13) openings around the corner. Though extra traffic and non-gaming sales are anticipated, there could also be some pricing pressure for room rates.
    • Analyst note that the revenue comparisons will start to ease for companies in Q3 just as the new properties come on line.
    • Advancers on the day include Wynn Resorts (WYNN +5.1%), MGM Resorts (MGM +2%), and Melco Crown Enterprises (MPEL +5.4%).
    • Previously: Signs of improvement for Las Vegas Sands in late Q2 (July 25)
    | Tue, Jul. 26, 10:57 AM | 2 Comments
  • Mon, Jul. 25, 5:37 PM
    | Mon, Jul. 25, 5:37 PM
  • Wed, Jul. 13, 5:34 PM
    • Top gainers, as of 5.25 p.m.: RIO +5.6%. RARE +4.6%. YUM +4.5%. NVCR +3.7%. RBS +3.4%.
    • Top losers, as of 5.25p.m.: ENVA -3.8%. LVS -3.7%. EEI -3.3%. SGY -2.8%. CS -2.6%.
    | Wed, Jul. 13, 5:34 PM | 2 Comments
  • Mon, Jul. 11, 3:22 PM
    • Macau casino stocks race higher after forecasts from UBS and Telsey Advisory both point to a strong start to July.
    • Telsey estimates year-over-year growth of 8% after ten days of the month, inclusive of electronic gaming revenue.
    • Other firms are less optimistic after adjusting for the extra weekend (Nomura) and dissecting the entire month (Wells Fargo).
    • Notable gainers on the day include Melco Crown (MPEL +5.3%), Las Vegas Sands (LVS +4.3%), MGM Resorts (MGM +0.4%), and Wynn Resorts (WYNN +5.3%).
    | Mon, Jul. 11, 3:22 PM | 12 Comments
  • Mon, May 2, 9:53 AM
    • Macau casino stocks race higher after the April revenue tally for the gambling area came in ahead of expectations, -10% Y/Y vs. -14% expected.
    • Wynn Resorts (WYNN +5.1%) is leading the sector, while Las Vegas Sands (LVS +3.6%), MGM Resorts (MGM +1.6%), and Melco Crown (MPEL +4.2%) are all solidly higher.
    • Asian-based Union Gaming Securities says the April report was very solid on a sequential comparison (April revenue is typically lower than March) and expects the momentum to continue into May.
    • Previously: Macau gaming revenue down 9.5% in April (May 1)
    | Mon, May 2, 9:53 AM | 8 Comments
  • Thu, Apr. 21, 9:21 AM
    | Thu, Apr. 21, 9:21 AM
  • Fri, Apr. 1, 10:31 AM
    | Fri, Apr. 1, 10:31 AM | 13 Comments
  • Fri, Mar. 18, 9:18 AM
    • Casino stocks are setting up for a day of gains after Macquarie Research upgrades the sector to Neutral. The investment firm thinks the worse month-over-month Macau revenue declines are now firmly in the past.
    • Macquarie thinks Macau casino revenue will fall 6% this year, an improvement from a prior forecast of a 13% decline.
    • Premarket movers: Melco Crown (NASDAQ:MPEL) +3%, Wynn Resorts (NASDAQ:WYNN) +2.8%, MGM Resorts (NYSE:MGM) +2.2%, Las Vegas Sands (NYSE:LVS) +1.4%.
    | Fri, Mar. 18, 9:18 AM | 12 Comments
  • Tue, Mar. 1, 11:28 AM
    • Macau casino stocks are higher after strong Lunar New Year holiday traffic led to nearly flat year-over-year revenue growth in February.
    • SA contributor Howard Jay Klein pulls out some positive reads from the Macau traffic read. He notes that the increase in visitations helped to boost room occupancy rates and led to better-than-anticipated gaming numbers. Sources tell Klein that the mass and premium mass segments performed well with the "fear factor" receding.
    • "I expect a continuation of [year-over-year] flat and then an uptrend beginning in mid-Q2, tips Klein.
    • The take from contributor Enceladus Research leans to the cautious side due to the recent rally in Macau names ahead of the revenue report. The positive effect of an earlier New Year was already baked in a bit, notes ER.
    • Sector gainers today include Las Vegas Sands (LVS +4.9%), Melco Crown (MPEL +4.4%), MGM Resorts (MGM +4.1%), and Wynn Resorts (WYNN +3.9%). Earlier today in Hong Kong, Wynn Macau (OTCPK:WYNMF, [[WYNMY}]) and MGM China (OTCPK:MCHVF, OTCPK:MCHVY) had a strong day.
    | Tue, Mar. 1, 11:28 AM | 7 Comments
  • Fri, Feb. 12, 9:59 AM
    • Macau casino stocks are showing strong gains after results of Wynn Resorts (WYNN +10.5%) came in better than expected.
    • Popping out of the report was a solid win rate and stabilizing mass market trend in Macau. During the earnings call, Steve Wynn confirmed reports that the Chinese New Year period is off to a solid start.
    • Previously: Wynn Resorts revenue read: Macau -27%, Vegas +4% (Feb. 11 2016)
    • Wynn Resorts earnings call webcast
    • Macau movers include Melco Crown (MPEL +5.2%), Las Vegas Sands (LVS +5.6%), and MGM Resorts (MGM +5%).
    | Fri, Feb. 12, 9:59 AM | 7 Comments
  • Wed, Jan. 20, 10:40 AM
    • Casino stocks are getting battered as the cases for revenue recoveries in Macau and Las Vegas start to crumble. Analysts note that the correlation between stock market turmoil and a drop in VIP casino traffic is hard to ignore.
    • Major losses are being racked up by Wynn Resorts (WYNN -10.1%), Melco Crown (MPEL -9.7%), MGM Resorts (MGM -9.5%), Las Vegas Sands (LVS -8.7%), Caesars Entertainment (CZR -8.3%), Boyd Gaming (BYD -8.2%), Century Casinos (CNTY -7.6%), Pinnacle Entertainment (PNK -6.8%), and Penn National Gaming (PENN -6.1%).
    • Related ETF: BJK.
    | Wed, Jan. 20, 10:40 AM | 10 Comments
  • Mon, Jan. 11, 12:57 PM
    • The Macau gaming stocks are higher after Morgan Stanley cited mass revenue stabilization trends in moving off of a cautious view on the sector.
    • The investment firm sees a 4% Macau revenue gain for 2016 after a long streak of declining growth.
    • Melco Crown (MPEL +2.9%), Las Vegas Sands (LVS +1.2%), and MGM Resorts (MGM +1.8%) are the top gainers in the group.
    | Mon, Jan. 11, 12:57 PM | 9 Comments
  • Mon, Jan. 4, 10:12 AM
    • Macau-related casino stocks are reeling after Chinese stocks fell sharply earlier today in Hong Kong, Shanghai, and Shenzhen.
    • Casino revenue in Macau has correlated strongly with broad Chinese stock market averages in the past as would be expected.
    • Decliners: Wynn Resorts (NASDAQ:WYNN) -5.1%, Las Vegas Sands (NYSE:LVS) -4.1%, MGM Resorts (NYSE:MGM) -4.1%, Melco Crown (NASDAQ:MPEL) -4.1%.
    | Mon, Jan. 4, 10:12 AM | 19 Comments
  • Nov. 9, 2015, 12:12 PM
    • The Macau sector is selling off on a new round of concerns on revenue growth.
    • Revenue from the gambling region fell 28% Y/Y in October which was seen by some as a positive signal the worst was over for the sector.
    • Decliners include Wynn Resorts (WYNN -9.9%), Las Vegas Sands (LVS -7%), MGM Resorts (MGM -3.8%), Melco Crown (MPEL -9.4%), Sands China (OTCPK:SCHYF -6.2%), and Wynn Macau (OTCPK:WYNMF -3.4%).
    | Nov. 9, 2015, 12:12 PM | 7 Comments
  • Oct. 29, 2015, 10:13 AM
    • Some casino stocks are catching bids on a down market day after MGM Resorts formally announces a plan to create a REIT. Positive developments in Macau and a strong read on Las Vegas RevPAR are also helping to tip sentiment.
    • MGM Resorts (NYSE:MGM) is out in front of the sector with a 6.7% gain - while Churchill Downs (CHDN +5.5%), Entertainment Gaming (EGT), Wynn Resorts (WYNN +5.7%), Eldorado Resorts (ERI +7.5%), Las Vegas Sands (LVS +2.3%), and Boyd Gaming (BYD +1.2%) are all seeing some buying action.
    • Pinnalce Entertainment (PNK -4%) is the sector laggard after missing with Q3 EPS.
    • Previously: MGM Resorts to create REIT (Oct. 29 2015)
    • Related ETF: BJK.
    | Oct. 29, 2015, 10:13 AM | 7 Comments
  • Oct. 21, 2015, 4:21 PM
    • Las Vegas Sands (NYSE:LVS) reports adjusted property EBITDA for its Sands China unit fell 33% to $545M.
    • Adjusted property EBITDA for Las Vegas operations increased 22% to $102M on a hold-normalized basis.
    • Previously: Las Vegas Sands beats by $0.02, misses on revenue (Oct. 21)
    • LVS +2.18% after hours to $47.86.
    | Oct. 21, 2015, 4:21 PM | 1 Comment
Company Description
Las Vegas Sands Corp. own and operate integrated resorts in Asia and the United States. It is the global developers of destination properties, unlike the other hotels on the Las Vegas Strip and offers the array of high-end amenities and integrated them under one roof to provide the ultimate... More
Sector: Services
Industry: Resorts & Casinos
Country: United States