2024.07.12
free slots to playLas Vegas Sands (NYSE:LVS) remains beholden to a sluggish Macau recovery ahead of its third-quarter earnings report. LVS owns the Palazzo and Venetian in Las Vegas.Bain said Sands will likely be “tradoubledown casino home facebooknsparent” regarding Sin City woes. 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. bellagio casino dale chihulyIt 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 sdoubledown casino home facebooktages of the coronavirus pandemic, analysts widely forecast a recovery for Macau concessionaires, one supported by pent-up demand, in 2021. LVS owns the Palazzo and Venetian in Las Vegas.Bain said Sands will likely be “tradoubledown casino home facebooknsparent” regarding Sin City woes. It delivers results for the September quarter today after the close of US markets. online casino that pays out real money reviews on las atlantis casinocasino kcThat is prompting at least one analyst to take a tepid view of the stock. 8, was sluggish compared to prior years. That is prompting at least one analyst to take a tepid view of the stock. oxford casino from hereThe 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. Scenes from the 2017 Macau Motorcycle Grand Prix. (Image: Roadracing World)The Golden Week holiday, which concluded on Oct. poker casino belfast draftkings casino apkparagon casino resort wikipediaThat’s with a possible fourth-quarter recovery setting the stage for a deeper recovery in 2021.The forecast, however, was speculation. That’s with a possible fourth-quarter recovery setting the stage for a deeper recovery in 2021.The forecast, however, was speculation. But average daily GGR for that period was .1 million. That is prompting at least one analyst to take a tepid view of the stock. The reality is that the current quarter revenue and visitation numbers will exceed the low bar set during the first nine months of this year. However, the world’s largest casino center remains hamstrung by slow tourist visa approval times, among other issues.LVS is the largest Macau operator. reo speedwagon little river casino resort may 29 turtle lake casino twitter |