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2023-06-13 10:19:38 ET Analysts at Jefferies parted ways with their bullish stance on casino stocks last week and are sticking to the sidelines on both Las Vegas Sands Corp. ( NYSE: LVS ) and Wynn Resorts, Limited ( NASDAQ: WYNN ). Jefferies analyst David Katz is moving to t...
2023-06-12 09:15:09 ET The casino industry has experienced tremendous growth in recent years, and several companies highlight the potential for even better times ahead. Digitization and regulatory changes have paved the way for gaming companies to diversify their operations and offe...
2023-06-12 09:00:39 ET Equity analysts at research firm Jefferies downgraded last Thursday two notable names in the online casino space. Las Vegas Sands Corp ( NYSE: LVS ) and Wynn Resorts Limited ( NASDAQ: WYNN ) were each taken lower to a “hold” rating. In hi...
2023-06-08 12:05:09 ET Summary MGM appears to be stuck in a narrow trading range due to Mr. Market not really understanding its broad footprint in all gaming sectors. It's a Vegas story, a Macau story, a US regional story, and a sports betting story rolled up into a single stock. ...
2023-06-08 07:24:31 ET Jefferies lowered its rating on Wynn Resorts ( NASDAQ: WYNN ) and Las Vegas Sands ( LVS ) to Hold from Buy on its view that the stocks are being fairly valued at their current share prices. Analyst David Katz and team believe the bull case arguments fo...
2023-06-05 10:17:34 ET Summary DraftKings' stock has experienced significant growth, but concerns about their long-term business strategy and profitability may lead to a pullback in the coming weeks and months. The company faces strong competition from FanDuel and other establishe...
2023-06-02 14:50:18 ET The consumer sector piled up big gains after investors digested the May jobs report. The mixed labor market data strengthened bets for a pause in rate hikes at the Federal Reserve's meeting later this month. Investors were also reacting to the debt ceiling b...
2023-06-02 01:29:17 ET Summary Duquesne Family Office's 13F portfolio value increased by 14% to $2.31B in Q1 2023, with 29 securities significantly large. Microsoft, Alphabet, Amazon, IQVIA Holdings, News Corp, and Taiwan Semi were among the new stakes established during the quart...
2023-06-01 08:20:15 ET Macau casinos generated gross gaming revenue of 15.57B patacas ($1.93B) to mark growth of 366% year-over-year from a year ago and set a new post-pandemic high. The May GGR tally was up about 5.7% from the April total. For the first five months of 2023 combined, Ma...
2023-05-27 12:00:00 ET The anxiety over a potential wave of COVID cases impacting economic activity may be overwrought, according to fresh analysis from Cowen. The firm said there are a number of reasons to be optimistic that sweeping reports of a large number of Omicron variant XBB cas...
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2024-07-25 10:15:10 ET Deutsche Bank analyst issues BUY recommendation for LVS on July 25, 2024 08:53AM ET. The previous analyst recommendation was Buy. LVS was trading at $39.91 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current ana...
Sands China Announces Winners of 'Entrepreneurship Recruitment Programme for Rua das Estalagens' PR Newswire Part of company's ongoing Community Revitalisation Series MACAO , July 25, 2024 /PRNewswire/ -- Sands China Ltd. disclosed the results of its En...
2024-07-24 23:15:13 ET Image source: The Motley Fool. Las Vegas Sands (NYSE: LVS) Q2 2024 Earnings Call Jul 24, 2024 , 4:30 p.m. ET Operator Continue reading For further details see: Las Vegas Sands (LVS) Q2 2024 Earnings Call Transcript