|Bid||38.950 x 0|
|Ask||39.000 x 0|
|Day's range||38.400 - 39.150|
|52-week range||29.850 - 48.600|
|Beta (3Y monthly)||1.14|
|PE ratio (TTM)||25.13|
|Earnings date||3 May 2018 - 7 May 2018|
|Forward dividend & yield||1.98 (5.30%)|
|1y target est||5.40|
Feb 22 (Reuters) - Sands China Ltd: * PRELIM PROFIT FOR YEAR US$1.87 BILLION, UP 17.0% * PRELIM NET REVENUES FOR YEAR US$8.67 BILLION, UP 14.2% Source text for Eikon: Further company coverage:
Police in the world's biggest gambling hub of Macau are investigating what they suspect is a rare murder in a five-star casino resort after a Chinese man was found stabbed in his bed, broadcaster TDM reported on Monday. Murder cases have been rare in the Chinese territory since Portugal ceded control of what had been a colonial backwater on the heel of China's southern coast 20 years ago. The suspected murder took place in Sands China's Conrad Macau hotel, TDM reported, citing police.
Feb 15 (Reuters) - Diary of Hong Kong (.HSI) corporate earnings for the week ahead. HONG KONG EARNINGS Start Date Start Time(GMT) RIC Company Event Name 19-Feb-2019 NTS 0011.HK Hang Seng Bank Ltd Full ...
As the Chinese territory of Macau marks 20 years since its handover from Portuguese rule, slower mainland economic growth, a weaker yuan and a simmering trade war threaten to derail growth in the world's biggest casino hub. Macau, on China's southern coast, is the only place in the country where casino gambling is legal. To compound matters, China this week lowered its economic growth target to 6-6.5 percent in 2019 as Beijing copes with U.S. tariffs and weakening domestic demand.
Gambling revenue in the Chinese territory of Macau dropped 5 percent in January, the first drop in more than two years, as appetite for gambling waned amid slowing economic growth and increased headwinds from the Sino-U.S. trade war. The special administrative region reported 24.9 billion patacas ($3 billion) revenue, compared with 26.3 billion patacas a year ago, Macau's Gaming Inspection and Coordination said on Friday. The total revenue figure of 24.9 billion patacas dropped month on month from December last year but was the same as November's monthly figure.
Gambling revenue in the Chinese territory of Macau fell 5 percent in January, the first drop in more than two years, as appetite for gambling waned amid slowing economic growth and increased headwinds from the Sino-U.S. trade war. The special administrative region reported 24.9 billion patacas ($3 billion) revenue, versus 26.3 billion patacas a year ago, Macau's Gaming Inspection and Coordination said on Friday. Macau, located on China's southern coast and the country's only legal casino hub, is highly reliant on gambling revenues for its finances, with taxes from the casinos accounting over 80 percent of the government's revenue.
Wynn Resorts said it has agreed to an undisclosed settlement in response to a disciplinary complaint filed by the Nevada Gaming Control Board following a series of sexual misconduct claims against former chief executive Steve Wynn. The casino company, which has operations in Las Vegas and Macau, said in a filing to the U.S. Securities and Exchange Commission on Monday, the investigation into Steve Wynn had completed and it looked forward to reviewing the settlement. The company called the settlement an "important remedial step", adding that any employee mentioned in the Nevada Gaming Board's investigation, who was aware of Wynn's sexual assault allegations "is no longer with the company".
Police in Macau and mainland China detained 39 suspects in an underground lending case involving more than 30 billion yuan ($4.42 billion), as China steps up measures to reduce economic risks and clamp down on illicit capital outflows. Macau police and state news agency Xinhua reported on Tuesday that a criminal gang had illegally brought credit card point-of-sale terminals from the mainland into Macau's casinos for gamblers to get cash out. Macau is the world's biggest gambling hub.
(Refiles to connect with snaps, no change to text) Jan 1 - Gambling revenue in Macau rose 14 percent in 2018, the second consecutive year of gain as demand to wager in the Chinese territory continued to ...
HONG KONG, Dec 1 (Reuters) - Gambling revenue in the Chinese territory of Macau rose 8.5 percent in November from a year earlier to 25 billion patacas ($3.1 billion), bolstered by solid demand from Chinese ...
The Chinese territory of Macau posted its highest monthly revenue since 2014 in October, bolstered by solid demand from Chinese punters keen to play in the country's only legal casino hub. Revenue rose 2.6 percent from a year earlier to 27.3 billion patacas ($3.38 billion) last month, according to Macau's Gaming Inspection and Coordination bureau. This was aided in part by a week-long national holiday when most of Macau's hotels operated at close to maximum capacity and visitation jumped 7 percent on year.
Nov 1 (Reuters) - Gambling revenue in the Chinese territory of Macau rose 2.6 percent in October from a year earlier to 27.3 billion patacas ($3.38 billion), the highest monthly total since 2014, bolstered ...
HONG KONG, Oct 1 - Gambling revenue in the Chinese territory of Macau posted a 2.8 percent gain in September, with solid demand from Chinese betters keen to play in the country's only legal casino hub. ...
(Widens distribution) Sept 1 - Gambling revenue in the Chinese territory of Macau posted a 17 percent gain in August, thanks to active gaming by Chinese betters keen to play in the country's only legal ...
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 ...