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sunset station casino cafeShares of Las Vegas Sands Corp. Gross gaming revenue (GGR) on the peninsula slumped 8.6 percent last month, the third-worst month of 2019. 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. chumba casino contact emailLVS 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). Gross gaming revenue (GGR) on the peninsula slumped 8.6 percent last month, the third-worst month of 2019. Marina Bay Sands can help LVS weather Macau storms, says one analyst. encore casino careers

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