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Stock Market & Financial Investment News

News Breaks
February 1, 2013
08:20 EDTLVSMacau only approving 250 table game licenses in 2013, Macau Business says
A Macau official said the government will only approve a total of 250 new live gaming table licenses this year, with 50 to be allocated to Galaxy Entertainment and the other 200 already granted to Sands China, which is a majority-owned subsidiary of Las Vegas Sands (LVS), reported Macau Business. Reference Link
News For LVS From The Last 14 Days
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July 1, 2015
06:48 EDTLVSMacau reports June casino revenue down 36.2% to 17.36B patacas
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June 30, 2015
15:17 EDTLVSMacau visa change does not signal a change in policy, says Wells Fargo
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12:50 EDTLVSMacau transit visa rules reversed, signal end of tightening, says BofA/Merrill
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12:44 EDTLVSMacau appears to re-lengthen visas to 7 days, says Brean Capital
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June 26, 2015
09:32 EDTLVSNevada reports May Statewide gaming win up 3.33% to $1.0B
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June 19, 2015
07:38 EDTLVSMacau official says monthly revenue could hit four year low, says Wells Fargo
Wells Fargo reports that a Macau official said that the region's gaming revenue may hit the lowest level in over four years this month. The official said that the region's June gambling revenue could be more than 20% below the average for the first five months of this year, the firm added. Wells says that Macau's gaming industry remains challenged, and it remains neutral on the sector. Publicly traded companies in the space include Las Vegas Sands (LVS), MGM Resorts (MGM), Wynn Resorts (WYNN), and Melco Crown (MPEL).

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