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Las Vegas Sands (LVS +5.1%) gained the most of any consumer stock in the S&P 500 Index after the emergency approval of the Pfizer antiviral pill is seen by analysts and investor as an indication that the zero-tolerance COVID policy in China could be lifted after the Olympics. The emergenc...
Macau gross gaming revenue fell 20.9% in January to 6.34B patacas ($785M). Although the GGR tally topped the consensus expectation for a fall of 31%, the rate of growth was far worse than the +1.8% mark recorded in December. The crackdown on Macau junket operators and tighter border restricti...
Sands China Hosts 9th Sands Supplier Excellence Awards and 10th Sands Procurement Academy Graduation Ceremonies honour outstanding suppliers and recently trained local SMEs SME book launched to highlight local SME success stories PR Newswire MACAO , Jan. 24...
Macau casino stocks are on watch after a 45-day forum held in Beijing to address regulatory oversight, gambling license limitations and employee welfare issues ended with the issuance of a public consultation comments and a report by the Chinese government on promoting a sustainable and healt...
Sands China and Community Groups Work Together to Pack 20,000 Hygiene Kits for Clean the World 8 consecutive years of Sands China's participation in global LVS initiative PR Newswire MACAO , Dec. 16, 2021 /PRNewswire/ -- Team members from Sands China Ltd. got...
Macau casino gross gaming revenue was up 0.01% in November on a year-over-year comparison to 6.75B patacas ($834M) vs. +2% consensus estimate. On a sequential basis GGR was up 55% during the month, but was 70% lower than the pre-pandemic level in 2019. Macau GGR is up 49.9% for the first elev...
JPMorgan forecasts 2022 gross gaming revenue in Macau will be just over 50% of the pre-pandemic level seen in 2019 off a 70% recovery in mass and a 24% recovery in VIP. That is a slight lift to the previous outlook. Jefferies is also incrementally positive on the Macau outlook. Analyst David ...
Sands China Title Sponsors Macau GT Cup MOP 6.5 million sponsorship part of Sands China's support to Macao sporting events and government's tourism+ initiative PR Newswire MACAU , Nov. 22, 2021 /PRNewswire/ -- Sands China Ltd. was the title sponsor of thi...
Macau casino gross gaming revenue fell by 40.0% in October on a year-over-year comparison to 4.37B patacas ($545M) vs. -42% consensus estimate. On a sequential basis GGR was down 25.8% during the month. A new COVID-19 alert at the beginning of the month impacted tourism negatively during what...
The Macau casino sector continues to slump as COVID restrictions hold back traffic. The first two days of the Golden Week holiday saw just 3,122 visitors, which is significantly lower than the 22,116 who arrived for the same period last year and is less than 1% of the 2019 traffic level, acco...
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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 Sands Shopping Carnival Draws Record-Breaking 120,000 Visits PR Newswire July 18-21 event supported Macao's "tourism+" initiative Free business platform for local SMEs and Sands retailers MACAO , July 24, 2024 /PRNewswire/ -- The 2024...
Sands Macao Celebrates 20th Anniversary PR Newswire MACAO , May 16, 2024 /PRNewswire/ -- Sands ® Macao celebrated its 20th anniversary with a ceremony at the hotel and entertainment complex's outdoor fountain Thursday, marking two decades since its 2...