Location: Macau
Planning to build on Long Island, Las Vegas Sands CEO concerned about igaming expansion in New York
As Las Vegas Sands executives continue to tout their 2025 and long-term prospects in Macau and Singapore, the possibility of dealing with... more
Singapore boosts Las Vegas Sands in Q4, year-over-year earnings decline
Las Vegas Sands reported year-over-year fourth quarter declines in revenue, income and adjusted earnings. Releasing Q4 and full-year... more
Analyst predicts good 2025 for igaming, Macau-centric stocks, less so with Las Vegas casinos
Gaming analyst Chad Beynon of Macquarie Group is telling investors that while gaming stocks trailed the broader market in 2024, he sees... more
CreditSights predicts Macau GGR will exceed government forecast in 2025
Macau’s gross gaming revenue is seen growing by 8% to MOP$245 billion (US$30.5 billion) in 2025, representing more modest GGR growth than... more
Konami eying greater share of Macau slots market in 2025
Japanese gaming supplier Konami has its eyes on Macau, with the company confident it is now positioned to gain a larger share of the city’s... more
Outlook for Las Vegas Strip earnings reports: “Less bad than expected”
Bank of America Securities’ analyst Shaun Kelley released a note to investors, indicating that when fourth-quarter earnings reports for Las... more
J.P. Morgan lowers Las Vegas Sands price target, reaffirms Buy rating
J.P. Morgan has lowered its price target by $1 to $61 for Las Vegas Sands Corporation. Sands continues to rate as a Buy as the company is... more
Macquarie: Beijing’s support of Macau could help gaming industry outperform growth consensus in 2025
Macquarie analysts have described market consensus of Macau gaming’s growth prospects for the year ahead as “too bearish”, arguing recent... more
JP Morgan: Fourth-quarter results season will be positive for Macau names
Macau’s concessionaires printed their best combined gaming revenue result in 20 quarters in the December 2024 quarter, but a sector-wide... more
MGM China seen hitting US$250 million in adjusted EBITDA in fourth quarter
MGM China should report Adjusted EBITDA of around HK$2 billion (US$250 million) for the December 2024 quarter, representing a 5%... more
