Macau 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
Las Vegas Sands technical notes ahead of earnings The shares have been in a steady downtrend since the trend began in March 2013. At the current price of $40, the stock would need to take out the $45 area on the upside to break the current downtrend. This would be a technical positive and bullish for future price. Next resistance would be at $47.42. If the news continues to be bearish, the downtrend is likely to extend. First support below $40 is at $38.32. Thereafter support is at $36.77 and the 52-week low at $34.88.