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Podcast: Are Casinos In Macau Doomed?
Monday, September 20, 2021 - 10:38am | 488Read More...Deviate To Win is an interview series featuring executives and investors who have won in business by taking chances and doing things a little bit differently. The podcast is hosted by Jason Ader, founder and CEO of SpringOwl Asset Management, and is produced by Benzinga. Last week,...
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Macau Bet Pays Off Big Time For Las Vegas Sands
Friday, November 4, 2016 - 11:53am | 295Read More...Shares of Las Vegas Sands Corp. (NYSE: LVS) were trading higher by more than 3 percent ahead of Friday's opening bell after the casino operator reported better-than-expected third-quarter results. Thomas Allen of Morgan Stanley maintains an Equal-Weight rating on Las Vegas Sands' stock following...
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Casino Names Getting A Boost Amid Word Chinese Government Could Be Moving Back Toward Macau Support
Friday, October 2, 2015 - 10:33am | 454Read More...Casino operators with exposure to Macau, such as Las Vegas Sands Corp. (NYSE: LVS) have seen their stocks plummet over the past year. Gross gaming revenue in Macau fell in September, marking the 16th straight month of declines. Bloomberg reported that China's government may move to...
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Nomura Cuts Targets On Macau Casino Names Across The Board
Tuesday, June 16, 2015 - 12:34pm | 421Read More...Nomura Equity Research released a new report this week that included the firm’s updated outlook and price targets for Macau casino operators. According to analyst Harry Curtis, shareholders have little reason for near-term optimism when it comes to Macau. The Latest Numbers The Nomura...
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Casino Stocks Up; Analyst Sees 'Green Shoots' In Macau
Thursday, June 4, 2015 - 1:46pm | 311Read More...Casino stocks rose Thursday after an analyst discerned "green shoots" amid Macau gaming data for May released earlier this week. Mass gaming jumped 9 percent during the month, according to Credit Suisse's Kenneth Fong, whose note was reported on by Barron's Asia. Gross...
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Nomura Comments On Macau's Growth Outlook
Friday, January 9, 2015 - 11:07am | 129Read More...Harry Curtis of Nomura commented in a note on Friday that based on commentary from his primary data source in Macau, the current level of tables at Macau casinos may be “as good as it gets” and that the “current table allocations if well managed may possibly be sufficient to cope with demand.”...
