Las Vegas Sands News

Las Vegas Sands Corp. will participate in the Sanford C. Bernstein Twenty-Eighth Annual Strategic Decisions Conference in New York, NY on Wednesday, May 30, 2012.

Members of the Massachusetts Gaming Commission plan to review whether they might approve less than three casino resorts for the state.

The past five years have seen a flurry of activity in the gaming sector, with expansion in Macau and Singapore highlighting the industry's growth.

Las Vegas Sands CEO and Chairman Sheldon Adelson gave more than $25 million during the Republican primary cycle, most of it in support of Newt Gingrich.

On Tuesday, Mitt Romney will meet with a man who could well add millions - as much as $100 million, even - to his campaign coffers.

The world economy is entering a precarious phase, as the eurozone sovereign debt crisis and developing recession cast a dark cloud over the global economy.

At a time when the superwealthy are under a microscope, the Forbes 400 list, which yearly chronicles the ups and downs of America's billionaires, might bring some unwanted attention.

WMI's 'Las Vegas Sands Corp.: Company Profile and SWOT Analysis' report utilizes a wide range of primary and secondary sources, which are analyzed and presented in a consistent and easily accessible format.

Macau's $34 billion gaming industry has an obstacle. With 28 million visitors and 21 percent economic growth last year, Macau is confronting a severe labor shortage.

A spokesman from the Las Vegas Sands Corporation, the company which wants to install a mega-leisure centre and casino called Eurovegas in Spain, has said that between 90% and 95% of the negotiations have been completed and the decision as to whether the location will be Madrid or Barcelona will be made in about a month.

Las Vegas Sands pushed the Services sector lower today making it today's featured Services loser.

Casino stocks with exposure to Macau have all fallen sharply over the past month as investors fear a slowdown in gaming in Macau.

"We've dropped a lot of that not for humane reasons," Butera jokes. It's because those darn elders don't gamble away enough of their money to help Foxwoods reach its goal, which at this point is basic survival.

Las Vegas Sands Corp. on Tuesday became the second Nevada-based casino operator to take a pass on Massachusetts' fledgling gaming industry, saying the number of casinos planned was too many for the overall market.

Las Vegas Sands has come a long way since 2008 from being the poster the child of an over leveraged debt ridden company to on the cusp of having an impeccable balance sheet with cash cow producing properties.

The Cosmopolitan of Las Vegas sued a Chinese website operator Tuesday, claiming the defendant is operating a counterfeit version of the Cosmopolitan website.

Shares of Best Buy moved a bit higher Tuesday, following its first quarter earnings per share of 72 cents, that beat consensus by 13 cents, and revenue of $11.6 billion that exceeded estimates by $110 million.

Wow, China is unpredictable. While China's recent GDP and march trade data were strong, recent economic data coming out of China has been horrible.

The worldwide casino company run by billionaire Boston native Sheldon Adelson will bypass the chance to build a casino in Massachusetts, saying the state's plan to license up to three casinos and a slot parlor is going to dilute the market, according to a spokesman.

The recent news coming out of Illinois is interesting. It appears that the entire Ricketts family is in the process of jumping through hoops backwards to distance themselves from Papa Joe Ricketts.