2024.07.20
casino extreme software(Image: CNBC)In a note to clients Wednesday, Roth Capital analyst David Bain reiterates a “neutral” rating and price target on Sands, saying the company is likely to emphasize long-term conviction on the Asia-Pacific region (Macau and Singapore) despite limited near-term visibility.While the structural visitation impediments should diminish within the next few months, a catalyst for Macau visitation/earnings, we believe it is already captured in consensus estimates,” said the analyst.Traffic to the special administrative region (SAR) is trending higher this month. Wall Street is calling for a loss of 67 cents a share on revenue of 4.34 million. Las Vegas Sands reports earnings today and one analyst isn’t excited about what the company is likely to say. viejas casino concerts 2021The Sands Macau seen here. 8, was sluggish compared to prior years. It reflects the IVS resumption for non-Guangdong residents (which kicked-in in earnest after Golden Week given lead-time,” note the bank’s analysts.During the earlier saliante casino table gamestages of the coronavirus pandemic, analysts widely forecast a recovery for Macau concessionaires, one supported by pent-up demand, in 2021. free slots casino games novomatic online casino 5 euro no deposit bonusfree slot games play nowThat’s with a possible fourth-quarter recovery setting the stage for a deeper recovery in 2021.The forecast, however, was speculation. That is prompting at least one analyst to take a tepid view of the stock. ogram offered by a commercial operator in the top six and ranks well ahead of Boyd Gaming’s B Connected and MGM Resorts’ M life Rewards, which are ninth and tenth, respectively.gta 5 casino table gamesBut average daily GGR for that period was .1 million. It delivers results for the September quarter today after the close of US markets. Las Vegas Sands reports earnings today and one analyst isn’t excited about what the company is likely to say. scarlet pearl casino steakhouse riverwind casino commercial 2020free slots games(Image: Roadracing World)The Golden Week holiday, which concluded on Oct. The analyst notes that while a COVID-19 vaccine would be a broader market positive, consumer skepticism means it could be at least six months before a virus treatment positively affects the Las Vegas convention business.Just six percent of the analyst’s LVS price target is derived from Las Vegas, with the rest attributable to Macau and Singapore.Bain is similarly lukewarm on Sands rivals MGM Resorts International (NYSE: MGM) and Wynn Resorts (NASDAQ:WYNN), another Macau-centric name. He rates both of those stocks “neutral.”The event is out this year because of COVID-19. However, the world’s largest casino center remains hamstrung by slow tourist visa approval times, among other issues.LVS is the largest Macau operator. It reflects the IVS resumption for non-Guangdong residents (which kicked-in in earnest after Golden Week given lead-time,” note the bank’s analysts.During the earlier saliante casino table gamestages of the coronavirus pandemic, analysts widely forecast a recovery for Macau concessionaires, one supported by pent-up demand, in 2021. draftkings casino complaints aliante casino human resources phone number |