Articles tagged “las vegas sands”

Hotels

Las Vegas Sands CEO Praises China With Macau Gaming License Up for Renewal

Macau is an extraordinarily important gaming market for Las Vegas Sands, and the company’s third quarter earnings call was a giant love fest for China’s gaming regulators. What else are company leaders going to do but schmooze the people in charge of renewing their gaming license?

Las Vegas Sands CEO Praises China With Macau Gaming License Up for Renewal

Hospitality

Las Vegas Sands and Wynn Resorts Valuations Tank on Chinese Crackdown

Increased oversight from Chinese regulators in Macau threatens a massive financial hit to U.S. gaming resort operators. But don’t expect this to lead to a mass exodus to other gaming markets in Asia.

Las Vegas Sands and Wynn Resorts Valuations Tank on Chinese Crackdown

Airlines

A New List of the Most Valuable Public Travel Companies

Old school travel companies still largely dominate in terms of stock market valuation, but there is no denying the disruption sparked by Airbnb’s debut on the stock market.

A New List of the Most Valuable Public Travel Companies

Coronavirus

Why MGM Resorts Is Placing a Huge Bet on Asia

The panic's over. Las Vegas' gigantic venues will soon be back selling things like concrete and computers at full capacity. Which is why MGM's CEO and president William Hornbuckle is looking further afield for the brand's next chapter.

Why MGM Resorts Is Placing a Huge Bet on Asia

Coronavirus

Where Las Vegas Sands Could Park the $6.25 Billion From Its Sin City Resort Sale

Leaving Las Vegas gives Las Vegas Sands more than $6 billion in capital to beef up non-gaming assets in markets like Singapore and Macau and potentially dip its toes in the uncharted gambling waters of Texas.

Where Las Vegas Sands Could Park the $6.25 Billion From Its Sin City Resort Sale

Coronavirus

What a $6.25 Billion Sale in Vegas Says About the Future of Convention Hotels

What Las Vegas convention travel downturn? The $6.25 billion Las Vegas Sands sale last week is more a testament to confidence in the meetings and event travel rebound than it is to the current business climate.

What a $6.25 Billion Sale in Vegas Says About the Future of Convention Hotels

Coronavirus

Las Vegas Sands Sells Venetian and Sands Expo Center for $6.25 Billion

The $6.25 billion jackpot for the Venetian Resort and Sands Expo and Convention Center shows investors clearly see a rebound ahead for the Las Vegas convention industry.

Las Vegas Sands Sells Venetian and Sands Expo Center for $6.25 Billion

Coronavirus

Sheldon Adelson’s Legacy Changed Resorts and Casinos Forever

Las Vegas has Sheldon Adelson to thank for its lucrative convention center-casino-hotel model.

Sheldon Adelson’s Legacy Changed Resorts and Casinos Forever

Coronavirus

Will Las Vegas Resorts Survive a Year of No Conventions?

Can the show go on in Sin City while so many events and conventions can’t? Sure — if you have a few billion in the bank to tide your resorts over for a year.

Will Las Vegas Resorts Survive a Year of No Conventions?

Tourism

Las Vegas Sands Bails on Integrated Resort Casino Plans in Japan

It looks like the high stakes that casino operators have to put into Japan's integrated resorts scene is too much of a gamble, especially in the post-pandemic climate which makes returns on tourism investment even more uncertain.

Las Vegas Sands Bails on Integrated Resort Casino Plans in Japan