|Bid||36.100 x 0|
|Ask||36.150 x 0|
|Day's range||35.950 - 37.000|
|52-week range||34.000 - 49.350|
|PE ratio (TTM)||23.26|
|Earnings date||3 May 2018 - 7 May 2018|
|Forward dividend & yield||1.00 (2.42%)|
|1y target est||48.81|
Gambling revenue in the Chinese territory of Macau rose 10.3 percent in July from a year ago period, bolstered by demand from Chinese betters keen to play in the country's only legal casino hub. Figures from Macau's Gaming Inspection and Coordination bureau showed on Wednesday revenues were up from the month of June, reaching 25.3 billion patacas ($3.14 billion) versus analyst expectations of 5-13 percent growth. Macro factors including tighter Chinese credit and softening economic growth may also crimp demand from VIP players going forward.
An official of Macau's Yat Yuen, the company that ran the only dog-racing track in the world's largest gambling hub until last week, joined hands on Friday with animal rights group Anima to announce plans for a centre to rehouse more than 500 greyhounds. The animals, temporarily adopted by authorities after being abandoned by Yat Yuen, which ran Macau's Canidrome Club until the track closed, are to live at the centre until they find new homes, allowing the public a chance to interact with them. "We are performing our social responsibility and also doing what we promised," Angela Leong, the executive director of Yat Yuen, told a news conference, held jointly with Macau-based Anima, that was streamed live on Facebook.
July 26 (Reuters) - Sands China Ltd: * HY PROFIT FOR GROUP US$979 MILLION, UP 44.4% * HY TOTAL NET REVENUES US$4.27 BILLION, UP 17.3% * HY NET CASINO REVENUES US$3.38 BILLION, UP 19.7% Source text for ...
Authorities in Macau, the world's largest gambling hub, said they will care for more than 600 greyhounds after their owner renounced them ahead of the closure of China's only dog-racing track on Saturday. The move comes after a long saga between government officials in the Chinese territory, animal rights activists, and one of the enclave's most well-known businesswomen, Angela Leong, the fourth wife of billionaire gaming magnate Stanley Ho. Leong, a long-standing Macau legislator and executive director of Yat Yuen, the company that operated Macau's Canidrome Club, has been criticised by animal rights groups such as Macau-based Anima, which said the greyhounds had been subject to cruel and inhumane conditions.
HONG KONG, July 1 - Gambling revenue in the Chinese territory of Macau grew 12.5 percent in June, thanks to solid demand from Chinese betters keen to play in the country's only legal casino hub. June marks ...
June 27(Reuters) - CMC Magnetics Corp * Says its unit Super Net Holding Ltd obtained 1.9 million shares of SANDS CHINA LTD for HK$77.6 million Source text in Chinese: https://goo.gl/r6CwFF Further company ...
For investors with a long-term horizon, assessing earnings trend over time and against industry benchmarks is more valuable than looking at a single earnings announcement in one point in time.Read More...
Law enforcement and regulatory forces in Asia say they are gearing up to fight illegal gambling operators who have ramped up activities in the region ahead of the World Cup, making use of savvy technology and cryptocurrencies to evade prosecution. Illegal gambling on the cup is prevalent in countries like Thailand and Malaysia, where football is hugely popular, but which don't have legal betting alternatives, gambling industry experts say.
Authorities in Macau, the world's biggest gambling hub, have told financial institutions to tackle the illegal use of UnionPay cards to evade exchange controls, China's latest move to clamp down on illicit capital outflows. The announcement from Macau's monetary authority late on Wednesday adds to a series of measures being implemented in the Chinese territory as it cracks down on such "illegal acts". The warning to banks came after pawn shops operating in Macau casinos had their UnionPay point-of-sale terminals removed, state broadcaster TDM said this week.
June 1 - Gambling revenue in the Chinese territory of Macau posted a lower-than-expected 12.1 percent gain in May, as gamblers wagered less in the country's only legal casino hub. Figures from Macau's ...
A Macau court on Tuesday levied a fine of $5,000 on the territory's youngest lawmaker, but no jail time, at the conclusion of a trial viewed as a test case of transparency and conflict of interest in the world's biggest gambling hub. The lawmaker, Sulu Sou, 26, was ordered to pay a fine of 40,800 patacas ($5,060) on charges of aggravated disobedience over an unauthorised protest outside the home of the Chinese-controlled territory's leader, Fernando Chui. Macau law provides for Sou to be stripped of his duties as a legislator if he spends more than 30 days in jail.
A Hong Kong based NGO backed by regulators, former central bankers and government officials on Wednesday announced an alliance to fight money laundering and regulate the fast growing financial technology space across Asia. The heavyweight meeting, which had government representatives from countries including China, the Philippines, Thailand and Cambodia, aimed to provide an information exchange platform as rapidly evolving technology makes it harder to regulate illicit money flows.
MACAO, May 7, 2018 /PRNewswire/ -- Las Vegas Sands Corp. (NYSE: LVS) has named May Wu Yee Mei the winner of The Mr. Sheldon G. and Dr. Miriam Adelson Citizenship Award presented by Sands Cares. Wu is a team member at The Venetian® Macao, and has been working for the company for 10 years. LVS's global citizenship award was established and inaugurated last year through Sands Cares, the company's corporate giving programme, to recognise team members across all regions who have demonstrated a dedication to giving back to their local communities and important causes.
Macau's oldest gambling company, SJM Holdings, is playing catch up as its rivals ride the wave of a gambling boom in the southern Chinese territory. SJM, which is controlled by the family of Stanley Ho, is facing an unclear leadership future and the delayed opening of its planned $4.6 billion casino resort in Macau's Cotai strip. The departure of Ho, who is one of Asia's richest men, once he retires as chairman of SJM on June 12, could spark a power struggle at the company, analysts say.
May 1 (Reuters) - Gambling revenue in the Chinese territory of Macau surged 28 percent in April and beat analyst expectations, helped by solid demand from Chinese betters keen to play in the country's ...
Shares in Chinese companies offering online and mobile poker games have shed up to a fifth of their value over the past week, following reports in local media that the government would ban all poker-related applications from June 1. Companies like Boyaa Interactive and Our Game have seen their stocks slide up to 18 percent since the informal directive from the country's ministry of culture was reported in local media on April 19. A copy of the directive - circulated in local media and seen by Reuters - asks gaming platforms to stop operating Texas Hold'em games, a variation of poker, forbid services that transfer or trade virtual currency and stop the publication of anything poker or gambling-related on Weibo and WeChat.
April 26 (Reuters) - Sands China Ltd: * TOTAL NET REVENUE FOR SANDS CHINA INCREASED 17 PERCENT TO US$2.16 BILLION IN THE FIRST QUARTER OF 2018 * NET INCOME INCREASED 59 PERCENT TO US$557 MILLION IN THE ...
Along a three-kilometre (2-mile) stretch of coastline in central Vietnam, construction cranes are digging up mounds of sand and rubble where the country's biggest casino is set to open next year. Driving the project is Suncity Group Holdings Ltd, which has made billions luring high-rollers – mainly from China - to the baccarat tables in the Chinese territory of Macau. Vietnam is betting big on developing a gambling industry, targeting the Chinese tourists who have been flocking to the country in recent years.
First integrated resort operator in Macao to earn 9001:2015 Company's fourth ISO certificate to date MACAO , April 4, 2018 /PRNewswire/ -- Sands China Ltd. has earned an ISO 9001:2015 certification for ...
HONG KONG, April 1 (Reuters) - Gambling revenue in the Chinese territory of Macau posted a 22 percent gain for the month of March, due to sustained demand for gambling in the country's only legal casino ...
March 16 (Reuters) - Sands China Ltd: * RECOMMENDED PAYMENT OF A FINAL DIVIDEND OF HK$1.00 PER SHARE Source text for Eikon: Further company coverage:
(Adds visitor numbers, analyst estimates, industry background) HONG KONG, March 1 (REUTERS) - Gambling revenue in the Chinese territory of Macau rose 5.7 percent in February, less than analysts had expected ...
HONG KONG, March 1 (REUTERS) - - Gambling revenue in the Chinese territory of Macau rose 5.7 percent in February, less than analysts had expected for the big-spending holiday period but still the 19th ...
A trial involving Macau's youngest lawmaker is pitting a vocal younger generation of activists pushing for greater government transparency against the territory's political and business elites. Lawmaker Sulu Sou, 26, is facing charges of aggravated disobedience during a protest against perceived conflict of interest by the Chinese-controlled territory's leader, Fernando Chui. The case has drawn parallels between Sou and democracy activists like Joshua Wong in neighbouring Hong Kong.
Feb 14 (Reuters) - Sands China Ltd: * FY NET REVENUES WERE US$7.71 BILLION, UP 16.0% * PROFIT FOR YEAR ENDED DECEMBER 31, 2017 WAS US$1.60 BILLION, UP 31.0% Source text for Eikon: Further company coverage:...