ADVFN - Advanced Financial Network.
HOME» NYSE » L » LVS Stock Price » LVS Stock News

Las Vegas Sands Share News

 Las Vegas Sands Corp Stock Price
LVS Stock Price
 Las Vegas Sands Corp Stock Chart
LVS Stock Chart
 Las Vegas Sands Corp Stock News
LVS Stock News
 Las Vegas Sands Corp Company Information
LVS Company Information
 Las Vegas Sands Corp Stock Trades
LVS Stock Trades

Macau February Gambling Revenue Up 22% On Year At MOP24.29 Billion

HONG KONG -(Dow Jones)- Gambling revenue in Macau rose 22% in February from a year earlier, government statistics showed Thursday, as players from mainland China continued to fuel solid growth, though not at the blistering pace recorded last year. Gambling revenue in Macau, the only place in China where casino gambling is legal, rose to MOP24.29 billion (US$3.04 billion) last month, up from MOP19.86 billion a year earlier, according to data from Macau's Gaming Inspection and Coordination Bureau. The growth was strong considering the week-long Lunar New Year holidays fell in January this year versus February last year, said CLSA analyst Aaron Fischer. "This impressive growth highlights Macau's still-strong momentum on top of two exceptional years. We are not changing our 15% full-year forecast, but it seems pretty conservative if we consider that growth will step up when Sands China Ltd. (1928.HK) opens its new casino resort this year," he said. Macau's revenue growth has been explosive since the end of 2009 as players have continued to place bets regardless of China's tightening measures and local government policies aimed at slowing growth to a more measured pace. Analysts expect the pace of growth to slow in 2012, however, due to a high base of comparison last year and concerns about the sustainability of the fierce growth in VIP play. The most bearish gambling revenue growth estimates for the territory hover around 11% compared with last year's 42% rise. The Chinese territory remains the largest gambling center in the world many times over. Last year it raked in more than five times the gambling revenue of the Las Vegas Strip. -By Kate O'Keeffe, Dow Jones Newswires; 852-2802-7002;

Stock News for Las Vegas Sands (LVS)
11/25/201514:40:02The Best Stock in Gaming Today
11/21/201510:09:02Macau Government Gives Grim Outlook for Gaming
11/19/201517:29:00Las Vegas Sands Receives Global Designations For Corporate Action...
11/16/201518:15:03Las Vegas' New Mega-Resort Is a Big Risk For The Strip
11/16/201514:00:033 High-Yield Dividend Stocks Wealthy Investors Should Consider...
11/12/201517:00:03Is Now the Right Time to Buy Las Vegas Sands?
11/12/201512:25:00Las Vegas Sands Helps Drive Support for Homeless Youth During...
11/10/201510:00:17Gaming Stocks Are on a Tear -- Here's Why
11/07/201513:00:07Is Macau Finally On the Road to Recovery?
11/05/201508:35:55Quarterly Report (10-q)
11/02/201510:00:00Multi-Platinum Singer and Songwriter Carly Rae Jepsen to Ring...
11/01/201521:01:35Macau revenue falls 28% in October
10/29/201519:04:50Statement of Changes in Beneficial Ownership (4)
10/22/201506:34:42Las Vegas Sand's 3rd Quarter Results Review
10/21/201523:21:04Las Vegas Sands' (LVS) on Q3 2015 Results - Earnings Call Transcript
10/21/201517:30:00Las Vegas Sands Profit Hurt by Macau Weakness
10/21/201517:19:00Las Vegas Sands Revenue, Profit Hurt by Macau Weakness
10/21/201516:01:00Las Vegas Sands Reports Third Quarter 2015 Results
10/20/201517:35:49Notable earnings after Wednesday’s close
10/20/201508:30:00Pop Sensations R5 to Ring in 2016 at Venetian Las Vegas Concerts

Las Vegas Sands and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations