Donald Trump’s Best Friend, Billionaire Casino Mogul Phil Ruffin, Sees A Hidden Jackpot In The Pandemic [Forbes]
Las Vegas Sands Corp. (LVS)
Last las vegas sands corp. earnings: 4/22 04:05 pm
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Source: Forbes
The owner of Las Vegas’ Treasure Island says he has enough cash to keep his casinos closed for 20 years. Instead, he’s looking to gamble on a new venture.Phil RuffinOn any typical Friday before thecoronavirus pandemicPresident Donald TrumpBut since March 17, when Nevada Governor Steve Sisolak ordered all non-essential businesses to close—including the state’s economic lifeblood, casinos—Ruffin finds himself in an unfamiliar position. And like the guests who visit his properties, he is eager to gamble on an undervalued or underfunded property, much as he did during the Great Recession in 2008 when he bought Treasure Island from a cash-strapped MGM Resorts for less than half its current value. “This is something totally new to us—a pandemic shutdown due to a virus,” he laments. “I could never imagine that all of our properties were shut down, but they sure as hell are.”After the governor’s order came down, Ruffin had to tell his paying guests to check out of his hotels and then he furlo
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News
- Las Vegas Sands (NYSE:LVS) had its price target raised by analysts at Seaport Global Securities from $66.00 to $75.00. They now have a "buy" rating on the stock.MarketBeat
- Las Vegas Sands (NYSE:LVS) had its price target raised by analysts at Argus from $65.00 to $80.00. They now have a "buy" rating on the stock.MarketBeat
- Las Vegas Sands (LVS): Assessing Valuation as Texas Casino Expansion Drive Gains Traction [Yahoo! Finance]Yahoo! Finance
- Las Vegas Sands (NYSE:LVS) had its "hold (c+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- How Recent Developments Are Shaping the Las Vegas Sands Investment Story [Yahoo! Finance]Yahoo! Finance
LVS
Earnings
- 10/22/25 - Beat
LVS
Sec Filings
- 12/5/25 - Form 4
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- LVS's page on the SEC website