macao

With revenue in the world's largest gaming destination – Macau, China – still depressed, casino investors are looking to the state of Nevada for some much-needed revenue growth this year. The state's Gaming Control Board has released its report on gaming revenue for the month of...

JPMorgan’s Joseph Greff believes that Las Vegas Sands Corp. (NYSE: LVS)'s stock valuation could be limited to a tight range until there is more evidence of stabilization in the Macau market and the company’s properties in the region. Greff downgraded the rating on Las Vegas Sands from...

After spending considerable time as a drag on the once high-flying consumer discretionary sector, casino and gaming stocks are rebounding this year thanks to signs of stability in Macau, the world's largest gambling center. The combination of stability in Macau, a Chinese territory, and...

Despite Wynn Resorts, Limited (NASDAQ: WYNN) being the “best share price performer” year-to-date, Citi’s Anil Daswani believes that there is plenty of upside potential remaining. The analyst maintained a Buy rating on the company, while raising the price target from $101 to $...

Moody's Investors Service has placed Macau's Aa2 government issuer rating on review for downgrade amid a drop in gaming revenues. This is a negative read-through for companies like Las Vegas Sands Corp. (NYSE: LVS), Wynn Resorts, Limited (NASDAQ: WYNN), MGM Resorts International (NYSE: MGM) and...

According to data released by the Macao Gaming Inspection and Coordination Bureau, gaming revenue in the month of February came in at 19.5 billion patacas, only about 0.1 percent lower than February 2016’s number. Shares of Melco Crown Entertainment Ltd (ADR) (NASDAQ: MPEL), Las Vegas Sands...

According to data released by the Macao Gaming Inspection and Coordination Bureau, gaming revenue in the month of December came in at 18.3 billion patacas, about 21 percent lower than December 2014’s number. Shares of Melco Crown Entertainment Ltd (ADR) (NASDAQ: MPEL), Las Vegas Sands Corp. (...