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Las Vegas Sands
Obituary
Sheldon Adelson, boss of Marina Bay Sands, dies at 87
His net worth was about $33 billion, according to the Bloomberg Billionaires Index.
January 12, 2021
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.
September 17, 2020
China Focus
China sends two messages with one Macau invitation
SINGAPORE (Nov 4): Macau is being pulled into dangerous crossfire. China has suggested the world’s largest gambling centre as a venue for US President Donald Trump and his Chinese counterpart Xi Jinping to sign an interim trade deal, Reuters reports. It
November 01, 2019
Global Markets
MGM opens new US$3.4 bil resort in Macau
HONG KONG (Feb 13): MGM Resorts International’s debut of its US$3.4 billion ($4.5 billion) property Tuesday is the latest bet on the world’s biggest casino hub, as licensing bids and China’s proposal to allow gambling on a nearby island cast uncerta
February 13, 2018
Broker's Calls
UOB stands pat on Genting Singapore amid ‘unexciting’ industry growth
SINGAPORE (July 31): UOB Kay Hian is keeping its “hold” call on Genting Singapore (GENS) with an unchanged target price of $1.15 on the back of expectations of an unexciting second half in 2017.
July 31, 2017
Results
Las Vegas Sands reports 37% earnings growth in 2Q, announces record quarter for MBS
SINGAPORE (July 27): Las Vegas Sands has announced earnings of US$576 million ($781 million) for the 2Q17 ended June, representing a 36.8% increase, or 73 US cent per diluted share, compared to US$421 million or 53 US cent per diluted share in the same qu
July 27, 2017