Las Vegas Sands Corp (LVS)

Company in the news

Marina Bay Sands said to seek up to $10 bil loan for growth

Las Vegas Sands denied the report.

Broker's Calls

UOB Kay Hian positive on gaming sector with ‘buy’ on Genting Singapore

UOB Kay Hian Research is confident that Singapore’s casinos are poised for better recovery for the rest of 2022

Global Economy

Briefs: Xiaomi to invest in EVs; Huawei reports slower earnings growth due to US sanctions

Xiaomi plans to invest US$10 billion into electric cars and other news this week.
MBS hires law firm to probe US$1 bil in transfers - THE EDGE SINGAPORE

Company in the news

MBS hires law firm to probe US$1 bil in transfers

“MBS continues to work closely with its regulators to monitor MBS’s compliance with all legal obligations,” the casino said.

Singapore economy

MBS settles lawsuit by former patron with $9.1 mil payment

Marina Bay Sands Pte. also agreed to allow Wang Xi back into the casino as long as he abides by its policies, said the person, who asked not be identified because the matter is confidential.

Company in the news

Sands shifts focus to Tokyo in drive for first Japanese casino

(Aug 23): Las Vegas Sands Corp will focus on the Tokyo and Yokohama areas as potential locations to build a casino resort, as Japan moves forward with plans to open facilities that allow gambling.

In print this week

Raising the stakes

SINGAPORE (Apr 5): Nine years ago this month, Sheldon Adelson, the ageing chairman and CEO of Las Vegas Sands, cut a yellow ribbon at precisely 3.18pm to symbolise the opening of the Marina Bay Sands (MBS) integrated resort (IR). The iconic three towers

Singapore economy

Singapore casinos $9 bil expansion sparks price concern

(Apr 4): Genting Singapore and Las Vegas Sands Corp’s pledges to put $9 billion into tourist attractions in Singapore to keep their exclusive casino operating licenses was met with little enthusiasm by analysts and investors.
Genting Singapore (GENS) Resorts World Sentosa (RWS)

Broker's Calls

UOB Kay Hian not betting on exciting growth for gaming industry

SINGAPORE (Oct 27): UOB Kay Hian is keeping its “hold” recommendation on Genting Singapore (GENS) with an unchanged target price of $1.15 despite strong growth reported by Las Vegas Sands Corp (LVS), the operator of Marina Bay Sands (MBS).
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