Las Vegas Sands (NYSE: LVS) shares continue to surge, extending Thursday’s rally on the back of robust results from Macau and Singapore. Even after climbing nearly 50% in the past 90 days, at least one analyst still sees the casino…
Pennsylvania State Police have arrested a 25-year-old man from Washington County accused of using sleight of hand tactics to cheat during a game of Ultimate Texas Hold’em at Hollywood Casino at The Meadows. Investigators allege that Brando Castaneda, 25, manipulated…
Macau casino stocks are enjoying a powerful comeback — a key index tracking the sector has surged nearly 60% since its April lows. Traders are betting that the rally has more room to run as the special administrative region’s (SAR)…
Contrary to popular belief, Las Vegas hasn’t been the world’s top gambling city for most of the past two decades. That title belongs to Macau, the Chinese enclave that’s out-earned Sin City in 15 of the last 18 years. The…
Singapore’s casino duopoly — Marina Bay Sands (MBS) and Genting’s Resorts World Sentosa (RWS) — remains intact, but the playing field is becoming increasingly uneven. According to JP Morgan analysts DS Kim, Sigrid Qiu, and Selina Li, RWS captured only…
Las Vegas Sands is keeping its Texas casino ambitions alive — and well-funded. The company’s political arm, Texas Sands PAC, reported more than $9.3 million in cash on hand, according to its latest financial disclosure. The Las Vegas-based gaming giant,…
Wynn Resorts’ (NASDAQ: WYNN) upcoming Wynn Al Marjan Island resort in the United Arab Emirates (UAE) is drawing increased optimism from Wall Street analysts, who view it as a powerful long-term driver for the company’s shares. On Thursday, UBS analyst…
MGM Resorts International (NYSE: MGM) CEO Bill Hornbuckle expressed surprise that regulators in the United Arab Emirates (UAE) have yet to issue a second casino license — a delay that’s holding up MGM’s plans to bring gaming to its $2.5…
A Singaporean man who lost about S$2,000 (US$1,558) while gambling on a Resorts World casino cruise resorted to an alarming act of desperation — sending bomb threats to the company in hopes of getting his money back. Neo Hui Ghim,…
Las Vegas Sands Chairman and CEO Robert Goldstein, who took the helm in January 2021 following the passing of company founder Sheldon Adelson, was among several top American executives who met with Chinese Premier Li Qiang last week in New…