Las Vegas Sands Gently Lifts Sands China Stake to North of 75%
Las Vegas Sands (NYSE: LVS) modestly increased its stake in its Sands China unit, taking its equity ownership in the Macau casino giant to just over 75%. In a Tuesday regulatory fi...
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Las Vegas Sands (NYSE: LVS) modestly increased its stake in its Sands China unit, taking its equity ownership in the Macau casino giant to just over 75%. In a Tuesday regulatory fi...
Although named after the Nevada gaming mecca, Las Vegas Sands has largely depended on the Asia/Macau story of the last decade.
High-end softness pressured results despite strong mass gaming growth.
Shares of Las Vegas Sands (NYSE: LVS) traded lower following a slack third-quarter earnings update, overshadowing a 20% dividend hike announced by the casino operator. The already...
Gaming revenue in Macau has slowed for four consecutive months, but Las Vegas Sands Chairman and CEO Patrick Dumont remains unfazed. Speaking in an interview with Bloomberg TV at T...
Las Vegas Sands (NYSE: LVS) CEO Patrick Dumont said the Dallas Mavericks’ quest for a new arena won’t include plans for a casino hotel. In a recent interview with The Athletic, the...
The Washington Post has revealed the amounts contributed by 57 major donors who gave at least $100,000 to President Donald Trump’s White House ballroom project, with the world’s ri...
Suffolk Construction Co. also promoted one of its own to help oversee casino projects nationwide.
Broadly speaking, casino stocks aren’t performing well this year, but when investors evaluate the group, they’re showing a preference for less indebted operators. In a new report t...
A Singapore High Court ruling has stopped Venetian Macau Ltd from enforcing a HK$19.35 million (US$2.5 million) gambling debt against a VIP customer whose assets are held in Singap...
Wynn Resorts (NASDAQ: WYNN) announced today it’s selling $900 million in corporate debt maturing in 2035 in a private offering. The sale is being driven by the casino operator’s Wy...
As the Las Vegas NBA expansion process moves along without an announced timeline on when a bid could be awarded, where a team would play remains up in the air.
After eight months in a court-ordered receivership, the Downtown Grand has been sold. Vegas Ventures LLC, based in Boston, was selected from a roster of 45 parties that signed conf...
In a landmark ruling, Singapore’s High Court has barred foreign casinos from enforcing unpaid gambling debts through the nation’s courts. The landmark decision makes Singaporeans i...
Genting Bhd, the Malaysian conglomerate with an array of casino holdings, may need to sell some assets to ward off a credit downgrade and its unused Miami real estate could be atop...
A lawsuit brought by the Village of Garden City challenging the decision by neighboring Hempstead to rezone the 72-acre Nassau Veterans Memorial Coliseum site for the development o...
Plus, an off-Strip casino has collaborated with Aristocrat Gaming to develop a new gaming space to bring together Dragon Link and Phoenix Link slot machines.
A longtime Nevada developer seeks approval to build a new mid‑sized casino hotel five miles south of the Las Vegas Strip — though the project currently lacks a publicly identified...
Resorts World should be the home of Las Vegas’ NBA future, according to the president of Resorts World, who is doubling down on his property’s 42-acre footprint as the most turnkey...
The buyer, a New York investment giant, previously took part in the purchase of The Cosmopolitan’s real estate.
Las Vegas is feverishly trying to change the narrative that Sin City no longer provides value. The message didn’t resonate in August. On Wednesday (Sept. 30), the Nevada Gaming Con...
New York City's tax on luxury second homes has its latest moneyed opposition: casino mogul Steve Wynn and former Trump administration secretary Wilbur Ross.
The Venetian Resort Las Vegas announced this week that Milano, a 275-suite hotel-within-a-hotel inside The Palazzo, will open in March 2027. The boutique enclave features a dedicat...
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