Search Results for: Las Vegas Sands
Singapore passes legislation to introduce a tiered casino tax system
January 12, 2022
In Singapore and legislators have reportedly amended the Casino Control Act following over two years of discussion and debate to ...
Genting Wraps Up Japan Casino Units with Dissolutions and Liquidations
December 31, 2021
Genting Singapore Limited announced this week that it will wind up and shut down all eight of its subsidiaries in Japan. The move ...
Macau Casino Shares Rise as Analysts Cheer Re-Licensing Report
December 24, 2021
Wynn Resorts Ltd., Las Vegas Sands Corp. and MGM Resorts International rose in New York trading after authorities in Macau releas...
Macau’s Casino King Is Dethroned as Beijing Reins In Offshore Gambling
December 22, 2021
Arrest of junket boss over alleged illegal gambling syndicate targeting Chinese high-rollers threatens VIP revenue that helped ci...
MGM Resorts Stock Is A China Hedge
December 17, 2021
Casino operator MGM Resorts (NYSE:MGM) has seen its stock fall sharply in recent weeks but is still outperforming its peers – L...
Trio of Macau casino operators hit with ‘ratings watch negative’ appraisals
December 14, 2021
Prominent credit ratings agency Fitch Ratings Incorporated has reportedly assigned a trio of firms behind some of the largest cas...
Cancellation blow for Macau junket giant Tak Chun Group
December 9, 2021
Asian junket operator Tak Chun Group has reportedly confirmed that the lucrative cooperation agreements it held with Macau’s co...
Are Investors Too Optimistic On MGM Resorts Stock?
November 4, 2021
As the world economy grapples towards normalcy with an uptick in transportation demand, the hotel industry stocks have almost rec...
LVS REMAINS CONFIDENT ON CONCESSION RENEWAL IN MACAU
October 25, 2021
Las Vegas Sands (LVS) remains confident in the gaming concessionaire renewal process, as it boasts its track record, development,...
Macau aims to begin slow return back to normalcy again
October 20, 2021
Today is a key date for the Macau sector with a couple of incremental steps taking place in the slow return to normal tourism, up...