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mgm casino californiaut Santarelli sees the region’s fortunes reversing for the better and improving investors sentiment toward Macau.Bearish Macau sentiment has created an opportunistic entry point for medium to longer-term oriented investors,” said the Deutsche Bank analyst of Sands stock.While LVS shares have scuffled, some analysts have defended the operator. Conservative Georgia lawmakers like Wes Cantrell don’t want gambling to come to the state. (Image: Wes Cantrell/Facebook)Proponents say casinos could deliver critical revenue to assist in funding the state’s HOPE Scholarship (Helping Outstanding Pupils EducatiMarina Bay Sands can help LVS weather Macau storms, says one analyst. Last month, the demonstrators forced a multi-day closure of Hong Kong International Airport, stunting some visits to Macau.Current valuation on LVS shares is “predicated primarily on choppy top line trends in Macau, which we believe are largely a function of geopolitical headwinds,” said Santarelli.With Santarelli’s Monday upgrade of LVS shares, there are seven analysts rating the stock “buy,” five with “outperform” marks on the name, and eight that call it a “hold.” The Deutsche Bank analyst’s price forecast of is in line with the Wall Street average.Macau BufferThe Marina Bay Sands, one of just two Singapore casinos, is a property that could help Sands weather some of the aforementioned Macau volatility.That property stands to benefit “from the “stemming of the [Hong Kong] protests and the longer-term benefits from the MBS hotel and amenities expansion,” said Santarelli.LVS recently procured a .71 billion credit facility that is expected to be used for expansion plans at Marina Bay Sands, the world’s most profitable casino. ut Santarelli sees the region’s fortunes reversing for the better and improving investors sentiment toward Macau.Bearish Macau sentiment has created an opportunistic entry point for medium to longer-term oriented investors,” said the Deutsche Bank analyst of Sands stock.While LVS shares have scuffled, some analysts have defended the operator. caesar casino windsor buffet

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