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UPDATE 1-Macau casino revenue rises 23 pct on year in November

2017-12-01 reuters
Dec 1 - Casinos in the world’s biggest gambling hub of Macau posted a 22.6 percent revenue jump in November from a year earlier, marking the sixteenth consecutive month of growth, government data showed on Friday.

While Macau loses its lustre, a Cambodian casino bets on Chinese tourists to hit jackpot

2017-11-18 scmp
Hong Kong-listed NagaCorp is counting on Chinese tourists to boost gaming revenue at its Cambodian casino, as the country targets 2 million Chinese visitors by 2020 (1-0)

Casino ETF (BJK) Hits New 52-Week High

2017-11-13 zacks
For investors seeking momentum, VanEck Vectors Gaming ETF (BJK - Free Report) is probably on radar now. The fund just hit a 52-week high and is up nearly 31.5% from its 52-week low price of $33.57/share.

Time to Bet on the Casino ETF?

2017-11-02 zacks
Things are looking up for Casino stocks and ETFs. A Nomura report indicated "a noticeable pickup in demand" in Macau's VIP and mass-market gaming revenues in the last 10 days of October, as quoted on CNBC.com. Notably, Macau registered 16.1% year-over-year growth in casino gross gaming revenues in September. (10-0)

Time to Best on the Casino ETF?

2017-11-01 zacks
Things are looking up for Casino stocks and ETFs. A Nomura report indicated "a noticeable pickup in demand" in Macau's VIP and mass-market gaming revenues in the last 10 days of October, as quoted on CNBC.com. Notably, Macau registered 16.1% year-over-year growth in casino gross gaming revenues in September. (10-0)

UPDATE 1-Macau gambling revenue jumps to 3 year high on surge in holiday visitors

2017-11-01 reuters
HONG KONG (Reuters) - Gambling revenue in Macau jumped 22 percent in October, beating expectations to hit a three-year high as a national holiday week saw visitors stream into the world’s biggest casino hub and big bets from VIP punters.

Macau Casino Revenue Climbs to 3-Year High on Post-Holiday Rush - Bloomberg

2017-11-01 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (5-0)

Macau casino operator SJM falls short of market expectation with 16.5pc profit drop in third quarter

2017-10-31 scmp
Analysts say the company’s fortunes may improve in 2018 with Beijing’s push of the ‘Greater Bay Area’ scheme and regional infrastructure projects coming on stream

Gambling Stock Roundup: WYNN, LVS & Other Q3 Releases in Focus

2017-10-30 zacks
Last week was a big one for the gambling industry as major casino operators came up with their third-quarter 2017 earnings results. Among the most notable players were the likes of Wynn Resorts Ltd. (WYNN - Free Report) and Las Vegas Sands Corp. (LVS - Free Report) that reported better-than-expected results. Meanwhile, Penn National Gaming, Inc. (PENN - Free Report) and Monarch Casino & Resort, Inc. (17-0)

Sonus Networks, Dillard's and Las Vegas Sands highlighted as Zacks Bull and Bear of the Day

2017-10-26 zacks
Chicago, IL – Oct 26, 2017 – Zacks Equity Research highlights Sonus Networks (SONS - Free Report) as the Bull of the Day and Dillard’s (DDS - Free Report) as the Bear of the Day. In addition, Zacks Equity Research provides analysis ontheLas Vegas Sands Corp. (LVS - Free Report) . (768-0)

Sands China to create a little slice of London on Macau’s Cotai strip, as part of US$1.1b investment

2017-10-26 scmp
Las Vegas casino giant’s move is latest effort by Macau firms to capture a growing share of big-spending Chinese tourists coming to the enclave

London comes to Macau as Las Vegas Sands revamps casino resort

2017-10-26 in.reuters
HONG KONG (Reuters) - Las Vegas Sands, the casino behemoth owned by U.S. billionaire Sheldon Adelson, said on Wednesday it plans to spend $1.1 billion on new projects in the world’s largest gambling hub, including building a London-themed attraction.

Sands to invest US$1.1b in London-themed Macau remodel

2017-10-26 themalaymailonline
Las Vegas Sands Corp chairman and chief executive officer Sheldon Adelson at a news conference in Tokyo, February 24, 2014, in Japan casino race ReutersMACAU, Oct 26 — Las Vegas Sands Corp, capitalising on the rebound in Macau gambling, will spend US$1.1 billion (RM4.66 billion) renovating its properties there, including turning the Sands Cotai Central into a London-themed resort. (4-0)

London comes to Macau as Las Vegas Sands revamps casino resort

2017-10-26 reuters
HONG KONG (Reuters) - Las Vegas Sands, the casino behemoth owned by U.S. billionaire Sheldon Adelson, said on Wednesday it plans to spend $1.1 billion on new projects in the world’s largest gambling hub, including building a London-themed attraction.

Las Vegas Sands (LVS) Posts Big Earnings Beat, Revenues Up 7.7%

2017-10-25 zacks
Las Vegas Sands Corp. (LVS - Free Report) just released its third quarter fiscal 2017 earnings results, posting earnings of 77 cents per share and revenue of $3.2 billion. Currently, LVS is a Zacks Rank #3 (Hold), and is up 1.65% to $63.95 per share in trading shortly after its earnings report was released. (3-0)