2025.12.18
black bear casino hotel couponsIt delivers results for the September quarter today after the close of US markets.However, the world’s largest casino center remains hamstrung by slow tourist visa approval times, among other issues.(Image: CNBC)In a note to clients Wednesday, Roth Capital analyst David Bain reiterates a “neutral” rating and price target on Sands, saying the company is likely to emphasize long-term conviction on the Asia-Pacific region (Macau and Singapore) despite limited near-term visibility.nearest casino londonThe Sands Macau seen here.Bain said Sands will likely be “transparent” regarding Sin City woes.Portfolio depth outside the Silver State is important over the near-term because Las Vegas is struggling against the backdrop of the COVID-19 pandemic.oxford casino table games clearwater casino reviewssycuan casino appThe analyst notes that while a COVID-19 vaccine would be a broader market positive, consumer skepticism means it could be at least six months before a virus treatment positively affects the Las Vegas convention business.“We believe some of these issues may depress Macau stock multiples until there is higher visibility,” said Bain.Wall Street is calling for a loss of 67 cents a share on revenue of 4.no deposit bonus codes highway casinoHe rates both of those stocks “neutral.Evolving Views on Macau RecoveryWhen the coronavirus pandemic initially burst onto the scene earlier this year, forcing a 15-day closure of Macau gaming properties in February, the pervamap of black hawk casinossive view was that concessionaires there would struggle for the bulk of 2020.The analyst adds that visitation pickup may not be as “acute” as some previously hoped, and that day trips to the gaming hub, previously an integral driver of tourist volume, will “take some time to return to normalcy.island resort and casino spa south lake tahoe casinos covidcasino golden palace quievrainThe analyst adds that visitation pickup may not be as “acute” as some previously hoped, and that day trips to the gaming hub, previously an integral driver of tourist volume, will “take some time to return to normalcy.Las Vegas Sands reports earnings today and one analyst isn’t excited about what the company is likely to say.The number of venues where gamblers can earn Caesars Rewards points will decline in the coming months as the operator wraps up sales of venues in Atlantic City, NJ, Louisiana, and Northern Nevada.”Talking Las VegasIn its home market of Las Vegas, LVS previously acknowledged struggles with executives offering candid commentary about the state of the largest domestic gaming market following the operator’s second-quarter earnings report.Bain is similarly lukewarm on Sands rivals MGM Resorts International (NYSE: MGM) and Wynn Resorts (NASDAQ:WYNN), another Macau-centric name.The analyst notes that while a COVID-19 vaccine would be a broader market positive, consumer skepticism means it could be at least six months before a virus treatment positively affects the Las Vegas convention business.hard rock casino wheatland free online poker usa |