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The casino industry got a bit of good news on Friday as officials in Macao move closer to finalizing concession rules for 2022 and beyond. Current licenses to operate casinos run out in June of this year, so there's urgency to get licenses renewed and there were some indications that big ch...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Casino stocks are rising on Friday following an update on regulations in Macau from the Chinese government. Source: Maridav/Shutterstock, Inc. The big news here is that regulators are sticking to current rules that ...
Stock Market Today Mid-Morning Updates On Friday, the Dow Jones Industrial Average is down by 200 points with mixed bank earnings. Also, investors continue to weigh on concerning signs of lingering price pressures across the U.S. economy. This is in light of statements from key ...
National Hispanic Institute and Las Vegas Sands Announce Youth Leadership Program for Latino High School Students PR Newswire LAS VEGAS , Jan. 12, 2022 /PRNewswire/ -- National Hispanic Institute (NHI), a nonprofit organization that fosters leaders in the expandi...
Shares of Las Vegas Sands Corp ( NYSE: LVS ) jumped close to 8.0% on Tuesday after the casino company found a spot on JPMorgan’s “Analyst Focus List” for 2022. Las Vegas Sands could climb to $48 a share JPMorgan’s Joseph Greff lifted his rating on...
Despite the stock market witnessing a roller-coaster ride, the S&P 500 gained nearly 27% last year. However, investors steered clear of S&P 500 members Las Vegas Sands (LVS), Viatris (VTRS), MarketAxess (MKTX), and Penn National (PENN) due to their overvaluations and weak fundamentals...
Palm Beach, FL – January 6, 2022 – FinancialNewsMedia.com News Commentary – The online gambling industry is constantly evolving and catching up with technological trends, aiming to ensure the ultimate gambling experience for all players. Ever since the globa...
Retail tax loss selling and institutional portfolio window dressing can artificially depress underperforming stocks in the final trading days of the calendar year. Buying a basket of underperformers, the goal is to outperform the S&P 500 by five percentage points at some point dur...
DraftKings (NASDAQ:DKNG) shares finish Monday down 4.21% as it and other casino operators lagged the overall market. DKNG has fallen nearly 16% on a M/M basis and 45% Y/Y. Shares of DKNG peers including Penn National Gaming (PENN -1.1%), Flutter Entertainment (OT...
Stocks carried their recent optimism into the long holiday weekend, scoring modest gains on Thursday. The rally included Macau casino stocks, which rose on a promising signal from Chinese regulators. The news sparked gains in Melco Resorts & Entertainment (NASDAQ:MLCO), Las Vegas Sands (N...
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NORTHAMPTON, MA / ACCESSWIRE / April 24, 2024 / Las Vegas Sands Las Vegas Sands As part of Women's History Month 2024, Sands recently welcomed Cynt Marshall, CEO of the Dallas Mavericks, as a guest speaker for the In Focus DEI Conversation Series, which provides corporate Team Members w...
2024-04-19 17:02:05 ET LVS has shown steady revenue growth, driven by increased net revenues. Management focuses on maintaining accounting policies and managing risks like labor issues and cybersecurity. Key performance indicators remain consistent, with a higher ROI than cost of capital....
2024-04-19 06:00:00 ET Disappointing results from Las Vegas Sands (NYSE: LVS) sent the stock sharply lower on Thursday, but the results were more of an indication of what part of the market is growing and what isn't. What investors should take away is that MGM Resorts (NYS...