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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
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August 28, 2014
09:32 EDTLVSNevada reports July statewide gaming win up 0.65% to $931.8M
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August 26, 2014
07:26 EDTLVSMacau estimates lowered at Morgan Stanle
Morgan Stanley lowered Macau 2014 growth estimates to 6% from 12% and 2015 to 11% from 12.5% due to expectations for VIP trends to continue to deteriorate given the China macro impact and notes slowing mass growth rates.
05:50 EDTLVSLas Vegas Sands receives construction permit for Parisian Macao
Las Vegas Sands announced that the company has received the government permit needed for construction on the $2.7B Parisian Macao to resume this week. The company said additional permits will be necessary as the development continues, but after undergoing a brief work stoppage, this approval enables work on the critical podium structure to restart immediately.

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