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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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August 28, 2015
09:34 EDTLVSNevada reports July statewide gaming win down 0.96% to $922.89M
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August 21, 2015
16:01 EDTLVSOptions Update; August 21, 2015
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07:17 EDTLVSMacau developments negative, says Wells Fargo
Wells Fargo says that its checks on Macau for August indicate that the region's revenues are trending flat to down this month. According to Wells, in August the region's revenues are historically up 4% versus July. The firm adds that comments by Macau casino owner Galaxy suggest that the market has not yet bottomed. Wells believes that the market has not yet stabilized and remains neutral on Macau stocks, although it remains upbeat on their long-term outlook. Publicly traded companies in the Macau gaming space include Las Vegas Sands (LVS), MGM Resorts (MGM), Melco Crown (MPEL) and Wynn Resorts (WYNN).
August 18, 2015
07:13 EDTLVSMacau GGR poised to sink 37% in August, says Bernstein
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