2024.07.08
treasure island resort and casino las vegas nevadaLVS shares closed at .11 today, 16.52 percent below the stock’s 52-week high.Like other companies with sizable Macau exposure, LVS has seen its stock pinched by softness in the Chinese Special Administrative Region (SAR). Many people are staying in Europe to holiday.”“I go to Las Vegas three or four times a year, and every time things have gone up,” John Barlow declared. Conservative Georgia lawmakers like Wes Cantrell don’t want gambling to come to the state. seneca niagara casino logoI don’t underst1 cent roulette casinosand that at all.”Marina Bay Sands can help LVS weather Macau storms, says one analyst. “I will most likely stop going, as it’s getting very expensive.”“Really appreciate this article and really disappointed to see them milking guests like that,” another commenter said. hotels in south lake tahoe casinos morongo casino youtubefree aristocrat casino slot games for fun(Image: Booking.com)In a note out Monday, Deutsche Bank analyst Carlo Santarelli raised his rating on the operator of five Macau casinos to “buy” from “hold,” while modestly adjusting his price forecast on the shares to from . “I’ll have to ask about resort fees next time I go, and maybe stay around Fremont and Uber over to the Strip.”Locally SpeakingIt’s not only the out-of-town guests – which Las Vegas greatly relies on – who are voicing their opposition to the new fees.Las Vegas resident Heidi Ennis told us, “I’m a local of 52 years and was employed as a cocktail waitress years ago. “The charges in Vegas and New York are crazy and the tipping culture is getting out of hand. atlantis casino in las vegasShares of Las Vegas Sands Corp. But that scenario is largely viewed as a temporary on Wall Street.Hong Kong is an important pass through point for Macau, both by air and via a 34-miles-long bridge linking the two regions. Last week, Stifel analyst Steven Wieczynski spoke glowingly of the company, saying “We see nothing out there at this point capable of tempering our long-term enthusiasm on the name.”Temporary HeadwindsAs is the case with some other analys1 cent roulette casinosts, Santarelli sees the recent pro-democracy protests in Hong Kong as having weighed on Macau’s August revenue. what is the best online casino to win real money caesars casino slotonline gambling jobs cape townGeorgia lawmakers have varying opinions regarding the potential benefits and drawbacks of legalizing certain forms of gambling, and the heated fight is intensifying on both sides of the controversial issue. 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. “The charges in Vegas and New York are crazy and the tipping culture is getting out of hand. Conservative Georgia lawmakers like Wes Cantrell don’t want gambling to come to the state. LVS shares closed at .11 today, 16.52 percent below the stock’s 52-week high.Like other companies with sizable Macau exposure, LVS has seen its stock pinched by softness in the Chinese Special Administrative Region (SAR). (NYSE:LVS) soared 3.41 percent Monday, extending a run that has seen the stock jump more than four percent this month, after an analyst boosted his rating and price target on the casino operator. w club four winds casino caesar casino online pa |