2025.09.15
best bovada casino game“And although Las Vegas Sands can still develop a mobile presence or partner with an existing operator, the aggressive investments made in the space by no-moat peers MGM and Caesars have positioned them to lead in US sports betting.Las Vegas Sands (NYSE:LVS) confirmed today it’s selling the Venetian Resort and Sands Expo and Convention Center on the Strip for .“And although Las Vegas Sands can still develop a mobile presence or partner with an existing operator, the aggressive investments made in the space by no-moat peers MGM and Caesars have positioned them to lead in US sports betting.chumba casino oddsAnalysts are now opining about what the gaming company will do with the influx of cash.As Wieczynski points out, Venetian and Palazzo on the Strip generated just 7 million in earnings before interest, taxes, depreciation and amortization (EBITDA) in 2019 — nine percent of Sands’ total — meaning it’s possible the company directs some of the sale proceeds to enhancing some of its five Macau properties or Marina Bay Sands (MBS) in Singapore.Analysts are discussing what the company will do with cash from the sale of those assets.32red live casino doubledown casino 100 000 free chipslive casino website“They might also be keeping dry powder in case larger capital investments are needed in their Asian gaming markets, especially around the Macau concession renewal process that should start next year.Speculation to that effect intensified in January following Adelson’s death.”Good News for RivalsWhile it’s arguably impressive LVS was able to fetch .cool cat casino cashierThey remain shuttered, but are expected to reopen on April 12.”Speculation to that effect intensified in January following Adelson’s death.coolcat casino 100 no deposit oxford casino ownerbicycle casino historyThat reduced relationship could benefit MGM Resorts International and Wynn Resorts — the other Strip operators that also run gaming venues in Macau — says Allen.Morgan Stanley analyst Thomas Allen points out that as Apollo takes control of day-to-day operations at Venetian and Palazzo, those venues will have less of a connection to Sands’ Macau integrated resorts and MBS.“They might also be keeping dry powder in case larger capital investments are needed in their Asian gaming markets, especially around the Macau concession renewal process that should start next year.25 billion for Venetian and Palazzo, given the properties’ low 2019 EBITDA contributions and depressed valuations on gaming real estate due to the pandemic, there’s some favorable news in this deal for rivals.Other Ideas for LVS CashThe Stifel analyst say it’s a “maybe” that LVS uses some of the capital from the Venetian transaction to reinstate its dividend.”encore casino points 5 casino street terrigal |