Many destinations that opened to tourists during the pandemic experienced rising coronavirus infection rates shortly thereafter. Not these places.
David Katz from Jefferies says while the U.S. is a more mature market, there are better opportunities for Las Vegas Sands in Asia.
Before the pandemic, Sands' properties in Asia accounted for roughly 90% of its revenue with investments planned to expand in Macao and Singapore.
Sanford C Bernstein's Vitaly Umansky believes Macao's gaming sector will start to recover in the 2nd half of this year. He says 2 casinos will recover sooner than the others once travel restrictions are lifted.
CLSA's Jonathan Galligan says the premium mass market has overtaken VIPs as the driver of Macao's gaming recovery, but he warns about operators' high debt levels.
As a new hotel opens in Macao amid the pandemic, University of Macau's Glenn McCartney says social distancing measures are helping boost visitor confidence.
Sheldon Adelson, founder of Las Vegas Sands, passed away on Monday night at the age of 87 from complications related to treatment for non-Hodgkin's Lymphoma. CNBC's Jim Cramer reflects on Adelson's life and legacy as a business titan.
Adelson, owner of the Las Vegas Sands, had been among the most-watched donors supporting President Trump's reelection effort.
John Decree of Union Gaming says Macao's casino gaming sector has yet to see demand recovery despite travel restrictions easing, but the sector is unlikely to be caught in the middle of the U.S.-China tensions.
Macquarie's Chad Beynon discusses the impact of the coronavirus pandemic on visitations in Las Vegas as well as Macao's gambling industry.
CNBC's Contessa Brewer breaks down how the casino and gambling industry is faring amid the coronavirus pandemic.
Wynn Macau's non-executive chairman Allan Zeman discusses the impact of the coronavirus pandemic on Hong Kong's businesses and Macao's casino and entertainment space so far.
Casino stocks, among the hardest hit early in the coronavirus pandemic, have bounced hard off their lows. More gains are on the way, says Oppenheimer's Ari Wald.
The flamboyant tycoon, who loved to dance but advised his nearest and dearest to shun gambling, headed one of the world's most lucrative gaming businesses through his flagship firm, SJM Holdings Ltd, valued at about $6 billion.
Many expect revenues to keep falling at the same pace, with some even forecasting almost no revenue while the curbs stay.
A Singapore restaurant once again takes the top spot on Asia's 50 Best Restaurant List. Helmed by French chef Julian Royer, the French-Asian inspired Odette is housed in the citystate's sprawling National Gallery.
As Hong Kong authorities announced ongoing investigations into possible coronavirus transmissions at Lan Kwai Fong, chairperson Allan Zeman stresses they have precautions in place. As for Macau's gaming sector, Zeman, who is also the chairperson of Wynn Macau, says "more positive things are on the horizon."
Jonathan Galligan of investment group CLSA says he expect Las Vegas and Macao's casinos to benefit from aggressive customer demand once the number of coronavirus cases levels off meaningfully.
Macao gaming operators that are more reliant on high rollers may experience an earlier but "marginal" rebound, says Vitaly Umansky of Sanford C. Bernstein.
Pent up demand is expected to drive a rebound in Macao's casinos in the second half of this year, says Glenn McCartney of University of Macau, explaining the resilience of the sector.
