Las Vegas Sands

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

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

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.

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
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