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Las Vegas Sands (LVS) in the News

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Las Vegas Sands Corp. was founded in 1988 in Las Vegas, Nevada. The company began their operations of owning, operating, and developing casinos in Las Vegas, and have since expanded throughout the US. They own the Palazzo in Las Vegas, and various Sands hotel and casinos all around the world. They have resorts in Macau, Singapore, and Nevada. Mr. Sheldon Adelson is the Chief Executive Officer, with Mr. William P. Weidner as the Chief Operating Officer. The company is publicly traded on the New York Stock Exchange and has interests outside of their casinos. They offer showrooms, spas, shopping malls, convention centers, and restaurants as part of their resorts.

LVS is Traded on the NYSE


Latest Las Vegas Sands Company Stock News


Sands Declares Dividend Payments To Select Stockholders

The Board of Directors for Las Vegas Sands Corp has approved a quarterly dividend payment to select stockholders on record as of the close of business on February 5, 2010.

Mayor Pressures Sands To Fulfill Promise

Las Vegas Sands (LVS: 15.54 0.00%) executives were met with some resistance during their scheduled hearing with the Pennsylvania Gaming Control Board yesterday, to discuss the renewal of the Sands Casino Resort Bethlehem’s gaming license.
Mayor John Callahan has asked the Board to tie the license renewal to a construction timeline on the casino’s stalled hotel, [...]

Macau Revenue Reports Sends Sand’s Stock Climbing

Recent news of the continued growth of gambling revenues in Macau, sent shares of Las Vegas Sands Corp climbing Monday.

Sands Not Looking For High Rollers

Las Vegas Sands plans to avoid paying commission fees to junket operators in the Chinese city of Macau, by focusing on local gamblers instead of high rollers, when they open Marina Bay Sands in Singapore later this year.

Sands Anticipates Lower Room Revenue Than ‘09

Las Vegas may be seeing an increase in the number of tourist and business travelers, but the number of available hotel rooms has also grown, according to Las Vegas Sands Corp. COO, Michael Leven.

Sands Releases Staff Before Opening

It’s only a matter of months before Las Vegas Sand Corp will deal the first cards at Marina Bay Sands and the gaming company has already had to fire employees.
The Casino Regulatory Authority (CRA) has rejected 30 applications from Sands employees hoping to work at the gaming tables.
While no specific reasons were given for the [...]

Sands Sets Sights On South Florida

Las Vegas Sands Corp. has set there eye on the South Florida Gaming market and is prepared to offer state lawmakers an opportunity to provide competition to the Seminole Indian Tribe.

Sands Sells Down Billion Dollar Loan

Sands China, a unit of Las Vegas Sands Corp., is seeking to sell down the $1.75 billion loan acquired in November in order to restart stalled construction on three hotel projects in Macau.

Las Vegas Sands Adds New Macau Ferry Routes

Las Vegas Sands announced that its subsidiary Sands China Ltd’s its Cotai Strip® CotaiJet ferry has been issued a 10-year license to operate its ferries under the Macau SAR Government’s new licensing regime.

Sands Stock Plummets

Despite the recent surge of “Buy” rating issued for Las Vegas Sands Corp, the company saw shares plummet 2.16% to $18.10 on Friday on 18.76 million shares.

Table GamesTo Restart Sands Stalled Casino Project

Pennsylvania Legislatures voted 103-89 to send the gaming expansion bill to Governor Ed Rendell to be signed this week, allowing slot casinos throughout the state to install table games, paving the way for Las Vegas Sands to move forward with casino enhancements.

Macau Growth Good For Sands U.S. Stocks

Following yesterdays news of investment firms issuing Buy ratings on Las Vegas Sands and Macau Media reports that gaming revenue in the Chinese market jumped 48% in December, shares of the casino operator rose on Monday.

Buy Rating Initiated For Sands

Shares of Las Vegas Sands Corp Macau subsidy Sands China rose to its highest level in more than two weeks up 6.3%, after Citigroup and UBS initiated a buy rating.

Five Years For Sands To Complete The Cotai Strip

Las Vegas Sands CEO Sheldon Adelson, told the press last week that he anticipates completing all of its planned developments on the Cotai Strip in Macau within the next five years.

LVS To Pull Ahead Of The Consensus

Soleil Securities Group published a research note to its clients yesterday, maintaining a “buy” rating for Las Vegas Sands Corp and adjusting their estimates for the gaming company.

Sands Offers Sports Wagering Via Wireless Devises

Las Vegas Sands have implemented new technology at the Venetian and the Palazzo casinos that allow sports betters to place wagers from a small wireless handheld device.

Construction on Sands Macau To Restart Mid 2010

Chairman Sheldon Adelson of Las Vegas Sands says he anticipates construction on the company’s stalled Macau project to restart in about five months.

More Delays For Sands Singapore Casino

Earlier this month, Las Vegas Sands issued a press release to announce that its casino resort project in Singapore would be opening in phases but would not commit to a scheduled opening date, even though a source close to the project suggested an opening by the end of March.

Sands International Ventures Are Key For 2010

While Wall Street suspects that stock for the casino industry will underperform in the first half of the year, they have suggested that Las Vegas Sands may be a stock to watch for 2010.

28 Thousand Excluded From Marina Bay Sands

Las Vegas Sands Corp will have to ensure that more than 28,000 Singaporeans do not enter the Marina Bay Sands casino or face fines up to one million Singapore dollars ($725,000 U.S.D