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Sands China Ltd

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  • LAS VEGAS— A Nevada judge has decided a wrongful termination case against Macau- based Sands China Ltd. and Sands Chairman Sheldon Adelson can stay in Nevada largely because of the influence Adelson wielded over the company, often from several thousand miles away. Clark County District Court Judge Elizabeth Gonzalez issued her ruling Friday afternoon after...

  • HONG KONG, May 4- Macau casino stocks have lost as much as half their value over the past year as China's anti-corruption crackdown scares away wealthy VIP punters, but some investors say their faith in long-term gambling demand from the mainland remains unshaken. Industry moguls like Wynn Resorts' Steve Wynn and Las Vegas Sands' Sheldon Adelson have noted the...

  • HONG KONG, May 4- Macau casino stocks have lost as much as half their value over the past year as China's anti-corruption crackdown scares away wealthy VIP punters, but some investors say their faith in long-term gambling demand from the mainland remains unshaken. Industry moguls like Wynn Resorts' Steve Wynn and Las Vegas Sands' Sheldon Adelson have noted the...

  • MACAU, March 31- Macau is drafting new construction safety rules, officials said, after several workers died this month at casino sites amid a building boom in the world's largest gambling hub. While the fatality numbers are relatively low, and lag the 16 deaths in industrial accidents in Hong Kong last year, they are relatively rare in Macau, the only place where...

  • Indian shares led gains in Asia Wednesday after a surprise rate cut by the Reserve Bank of India, while the rest of the region traded mixed.

  • HONG KONG, Mar 3- Gambling revenue in Macau, the world's biggest gaming hub, plunged by a record 49 percent in February, as wealthy players shied away from China's only legal casino hub following the economic slowdown and Beijing's crackdown on conspicuous spending. Revenue fell for the ninth consecutive month to 19.5 billion patacas in February, from 38 billion...

  • Feb 26- Hong Kong shares finished up on Thursday after a strong rally on Chinese markets, but underperformed mainland boards as Hong Kong investors sold off selected heavyweights in real estate, information technology and gaming giant Sands China, seen as hurt by China's anti-corruption campaign. The Hang Seng index rose 0.5 percent, to 24,902.06, while the...

  • Hong Kong shares end flat amid economy concerns Wednesday, 25 Feb 2015 | 3:13 AM ET

    HONG KONG, Feb 25- Hong Kong shares erased early gains to finish flat, with investors shrugging off better-than-expected China industrial data that only partly alleviates concerns about slowing growth in the world's second-largest economy. Shares of casino operators dived, with Galaxy Entertainment and Sands China both dropping more than 5 percent.

  • Dovish Yellen, China flash PMI fail to cheer Asian stocks Wednesday, 25 Feb 2015 | 2:10 AM ET
    Janet Yellen

    Asian equities turned mixed amid choppy trade on Wednesday after China's manufacturing sector surprised markets with growth for the first time in three months.

  • HONG KONG, Feb 24- A six-session winning streak for Hong Kong stocks ended on Tuesday, as HSBC Plc and casino shares sank while some investors locked in gains ahead of major 2014 earnings reports later this week. Hong Kong- listed shares of HSBC dropped 3.5 percent in their biggest fall in 18 months after the UK emerging markets-focused bank reported a...

  • *HSBC's Hong Kong shares fall 4 pct, at lowest since Sept 2012. HONG KONG, Feb 24- Hong Kong stocks fell on Tuesday, with HSBC Plc leading the slide after disappointed earnings, and casino stocks were under pressure as investors locked in gains while awaiting earnings reports from blue chips later this week. The China Enterprises Index of the top Chinese listings in...

  • *HSBC to announce earnings on Monday, Cheung Kong later the week. HONG KONG, Feb 23- Hong Kong shares dipped on Monday, with oil firms and casino operators leading the slide, as investors awaited direction from major corporate earnings later the week, marking a weak start to the Year of Goat. Property group Cheung Kong and conglomerate Hutchison Whampoa are set to...

  • Time to go all in on Macau gaming stocks? Thursday, 5 Feb 2015 | 5:46 PM ET
    A croupier deals a card on a blackjack table inside the Venetian Macao resort and casino, operated by Sands China, in Macau, China.

    With the prospect of a recovery increasing, some analysts say now's the time to scoop up battered Macau casino plays.

  • Las Vegas Sands beats, still keen on Macau Thursday, 29 Jan 2015 | 10:47 AM ET
    Las Vegas Sands Corp, The Venetian.

    The casino empire's executives assured analysts Wednesday that tales of Macau's demise are unfounded.

  • Asian stocks fall on oil, corporate earnings concerns Thursday, 29 Jan 2015 | 7:22 AM ET

    Asian indices were broadly lower early Thursday, as a rout in energy stocks and a slew of disappointing corporate earnings weigh on regional markets.

  • Are Singapore’s casinos back in the game? Thursday, 29 Jan 2015 | 2:50 AM ET

    Singapore's casinos haven't lived up to the hype, but Marina Bay Sands results suggest those writing off growth may need to write it back in.

  • On the first trading session of 2015, Asian equities were quiet on the back of a lack of foreign cues and economic data releases.

  • Shanghai, Seoul underperform in Fed-inspired rally Thursday, 18 Dec 2014 | 5:24 AM ET
    A board of stock indicators shows upward momentum on the floor of the New York Stock Exchange.

    Asian equities mostly rose on Thursday, with the exception of Seoul, as investors took heart from a turn in oil prices and after the Federal Reserve said it was confident in the U.S. economy.

  • October is set to be the worst month on record for casino revenues in Macau as a result of China's war on corruption and slowing economic growth.

  • Steve Wynn dogged by major pullback in China Wednesday, 29 Oct 2014 | 1:57 PM ET
    Wynn Resorts Chairman and CEO Steve Wynn.

    Steve Wynn can't predict when gambling trends will improve in Macau. Investors should beware betting on a bounce in his company's stock.