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0 0.0013287270794578 0.00172734520329518 -0.00292585702896632 0.00279032686686146 0.00677650810523525 0.0115599255912836 0.01009832580388
Stock impact report

Las Vegas Sands and Wynn Shares Mixed as Wall Street Sentiment Sours on Macau [Barron's]

Las Vegas Sands Corp. (LVS) 
Last las vegas sands corp. earnings: 4/22 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.sands.com/ir-home/default.aspx
Company Research Source: Barrons
Analyst sentiment on Las Vegas Sands and Wynn Resorts continues to deteriorate over concerns that impending casino concession renewals in Macau will be more onerous. However, stocks of U.S. casino companies with ties to Macau were mixed Friday morning. Las Vegas Sands (ticker: LVS) was up 1% in early trading; Wynn (WYNN) was off 0.6%; and MGM Resorts International (MGM) up about 1%. The casino concessions allowing companies to operate in are set to expire next June. Earlier this week, members of the Macau government said that they were beginning the process of reviewing the concession renewals and examining a law that oversees that business. The Macau government said in part that by revising the law, it expects to “strengthen supervision” of the holders of those casino concessions. Against this backdrop, Jefferies analyst David Katz on Friday downgraded Las Vegas Sands to Hold from Buy, partly owing to “ the pending uncertainties around the Macau concession and its growth and retur Show less Read more
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