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The Latest Breaking News from Las Vegas Sands

2 U.S. Stocks to Bet on China Like David Tepper

Billionaire investor David Tepper's bullish stance on Chinese stocks includes two U.S.-based casino stocks, Las Vegas Sands and Wynn Resorts, as potential beneficiaries of Beijing's economic stimulus and the resurgence of Macau's gaming industry.

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Las Vegas Sands Earnings Preview: What to Expect

Las Vegas Sands is expected to release its third-quarter earnings this month, and analysts expect earnings to match the year-ago quarter’s figures.

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Las Vegas Sands Stock: Is LVS Underperforming the Consumer Discretionary Sector?

Las Vegas Sands has underperformed the Consumer Discretionary Sector over the past year, but analysts are moderately optimistic about the stock’s prospects.

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Las Vegas Sands Stock Outlook: Is Wall Street Bullish or Bearish?

Las Vegas Sands has underperformed the broader market over the past year, but Wall Street analysts are optimistic about the stock’s prospects.

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Nasdaq Futures Plunge as U.S. Tech Earnings Disappoint, PMI Data in Focus

September Nasdaq 100 E-Mini futures (NQU24) are trending down -1.04% this morning as Alphabet’s cautious outlook on AI progress and Tesla’s profit miss, coupled with a delay in its Robotaxi event, weighed on sentiment, while investors awaited U.S. business activity data and the next round of corporate earnings reports.

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What You Need to Know Ahead of Las Vegas Sands’ Earnings Release

With Las Vegas Sands gearing up to release its Q2 earnings results next week, analysts project a double-digit bottom-line growth.

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Is Las Vegas Sands Stock Underperforming the Dow?

Despite witnessing a bearish trend and lagging behind the Dow Jones in 2024, Wall Street analysts remain optimistic about Las Vegas Sands’ prospects.

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Are Wall Street Analysts Predicting Las Vegas Sands Stock Will Climb or Sink?

While Las Vegas Sands stock has underperformed the broader markets over the past year, Wall Street analysts still see a solid upside in the stock.

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Mark Cuban backs Biden. Why was he so keen to sell the Mavs to Trump megadonors?

The Shark Tank star formed an unlikely partnership with the Adelson family. But like any successful entrepreneur he can be flexible when it suits

The Guardian - US

Dade Phelan, House incumbents receive major fundraising boost from casino magnate

Incumbents saw key support from the business community, while hardline conservatives like Tim Dunn also spent heavily.

The Texas Tribune

S&P Futures Climb as Investors Shift Focus to Earnings

June S&P 500 E-Mini futures (ESM24) are trending up +0.39% this morning as market participants moved past hawkish comments from Federal Reserve Chair Jerome Powell and looked ahead to the next round of corporate earnings.

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S&P Futures Inch Higher as Investors Shift Focus to Earnings

June S&P 500 E-Mini futures (ESM24) are trending up +0.30% this morning as market participants braced for the Federal Reserve’s higher-for-longer interest rates and shifted their attention to corporate earnings.

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S&P Futures Tick Higher as Investors Shift Focus to Earnings

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Mark Cuban Sells Majority Stake in Mavericks to Hotel and Casino Families

In a surprising move, billionaire Mark Cuban has sold his majority stake in the Dallas Mavericks to the Adelson and Dumont families, who have strong ties t...

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The Texas Tribune

With the Mavericks, Miriam Adelson is poised to be a Texas political powerhouse. Will it help her legalize casinos?

Adelson wasted little time reaching out to the state’s business leaders since news of the deal broke, visiting Austin on Thursday to address the Texas Association of Business, the state’s largest business lobby.

Chicago Sun-Times

Mark Cuban will sell majority stake in Mavericks to Las Vegas’ Adelson family in $3.5B deal

Cuban would retain control of the team’s basketball operations.

The Independent UK

Mavericks likely will end up in the hands of one of Las Vegas' most powerful families

Mark Cuban in many ways has been the face of the Dallas Mavericks franchise since he bought the club in 2000

The Independent UK

Sands casino family say they'll buy majority of Mavs from Cuban. AP source says valuation is $3.5B

The family that runs the Las Vegas Sands casino company says it has entered agreements to buy the majority stake of the Dallas Mavericks from team owner Mark Cuban

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The Independent UK

Dallas Mavericks owner in talks over sale to Las Vegas casino group

Maverick’s Mark Cubanis working on $3.5B sale to family that runs Las Vegas Sands casino, AP source says

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Higher Bond Yields and Geopolitical Risks Weigh on Stocks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Thursday closed down -0.85%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.75%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.85%. Stocks on Thursday closed moderately lower, with the...

Fortune

Macau is back as the world's top gambling hub—and casino companies like Las Vegas Sands are starting to reap the rewards

Casino operator Las Vegas Sands—which, despite the name, no longer has resorts in Vegas—credited a boom in Asian travel for better-than-expected revenue.

StockNews.com

Entertainment Buy or Sell? Analyzing DraftKings (DKNG), Las Vegas Sands (LVS) and Golden Entertainment (GDEN)

The entertainment industry is expected to flourish due to technological advancements and evolving consumer demand. While the industry outlook may seem promising, let us analyze whether to Buy, Hold, or Sell entertainment stocks Golden Entertainment (GDEN), Las Vegas Sands (LVS), and DraftKings (DKNG). Read more to find out.

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Las Vegas Sands: Its Options Are Unusually Active but It Might Not Be a Sign to Buy

Midway through Friday options trading, Las Vegas Sands has a call option with a volume of 355.44x its open interest. That’s 10x the second-highest volume-to-open interest ratio. Before you go and buy a bunch of the calls, you might want to think twice.

The Texas Tribune

Bills to expand gambling access in Texas clear House committee

Gaming advocates are pushing to legalize casinos and sports betting in Texas. The committee votes represent more progress than the proposals made last legislative session, when they got hearings in committee but were never voted out.

The Texas Tribune

Wanna bet? Texas Legislature to reconsider legalizing casinos and sports betting

Given the stiff headwinds to getting any expansion in gambling passed, sports betting and casino advocates may be competing against each other, rather than working in tandem.

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