Vegas-Based Casino Stocks Weaken On Macau Regulatory News [Forbes]
Las Vegas Sands Corp. (LVS)
Last las vegas sands corp. earnings: 4/22 04:05 pm
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US:NYSE Investor Relations:
investor.sands.com/ir-home/default.aspx
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Source: Forbes
Macau (Photo by Chris McGrath/Getty Images)Big U.S. casino stocks this week tanked on news that Chinese officials would increase regulatory scrutiny in Macau. The companies with the largest operations there — Las Vegas SandsLVSThose resort equities with little or no exposure in Macau also got hit but with much less selling. Caesars and the Boyd Group managed positive days Wednesday. MGM had another day of unloading by investors but not to the extent seen by Las Vegas Sands and Wynn.The Dow Jones Gambling Index,Dow Jones Gambling Index daily price chart, 9 17 21.stockcharts.comYou can see the impact from March forward of coronavirus fears that may be preventing tourists from booking weekends or vacations at resorts. The major casino corporations have on-line operations where it’s legal but it’s not at the level where it makes up for actual overnight stays and restaurant visits.WYNN’s daily price chartWYNN daily price chart, 9 17 21.MORE FOR YOUCathie Wood’s Tesla Stock Sales Hit $297 M
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News
- Las Vegas Sands Extends Funding to Dress for Success Southern Nevada with a $100,000 Sands Cares Donation [Yahoo! Finance]Yahoo! Finance
- Las Vegas Sands Extends Funding to Dress for Success Southern Nevada with a $100,000 Sands Cares DonationPR Newswire
- Hudson Yards $12B casino hits major roadblock as NYC civic leaders push back over housing getting slashed [Yahoo! Finance]Yahoo! Finance
- Las Vegas Sands Corp. (NYSE:LVS) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Results: Las Vegas Sands Corp. Beat Earnings Expectations And Analysts Now Have New Forecasts [Yahoo! Finance]Yahoo! Finance
LVS
Earnings
- 4/17/24 - Beat
LVS
Sec Filings
- 5/9/24 - Form 424B2
- 5/8/24 - Form 8-K
- 5/7/24 - Form FWP
- LVS's page on the SEC website