|Bid||36.000 x 0|
|Ask||36.050 x 0|
|Day's Range||35.600 - 36.300|
|52 Week Range||29.850 - 44.700|
|Beta (3Y Monthly)||1.15|
|PE Ratio (TTM)||19.83|
|Earnings Date||May 3, 2018 - May 7, 2018|
|Forward Dividend & Yield||2.00 (5.55%)|
|1y Target Est||5.40|
Growing protests in the Asian financial centre of Hong Kong are weighing on the neighbouring Chinese territory of Macau as some visitors steer clear of the world's biggest gambling hub, worried over transport disruptions and safety concerns. Hong Kong, a former British colony, has suffered a wave of sometimes violent protests since June as initial opposition to a now-suspended extradition law evolved into a direct challenge to the government and calls for full democracy. "When you have hundreds of flights cancelled out of Hong Kong and some reluctance to travel, I do think that's impacting the premium end of the business," Matt Maddox, chief executive of Wynn Resorts, which runs two Macau casinos, said this week.
In March 2019, Sands China Ltd. (HKG:1928) released its most recent earnings announcement, which confirmed that the...
Gambling revenue in the Chinese territory of Macau dropped 3.5% in July from a year earlier, due to tempered demand from high rollers amid a slowdown in the world's second-largest economy and a trade war with the United States. Revenue was 24.5 billion patacas ($3.04 billion) in July, Macau's Gaming Inspection and Coordination said on Thursday. The figure was just below analyst expectations of a 3% drop to 3% rise.
Investing.com - Asian stocks were mixed in morning trade on Tuesday. Chinese stocks fell even after a trade truce with the U.S.
Gambling revenue in the Chinese territory of Macau rose 5.9% in June year on year, as sentiment to gamble saw an uptick in the world's largest gambling hub. June's figure was 23.8 billion patacas ($2.95 billion), according to Macau's Gaming Inspection and Coordination.
How far off is Sands China Ltd. (HKG:1928) from its intrinsic value? Using the most recent financial data, we'll take...
MACAO, June 10, 2019 /PRNewswire/ -- Sands China Ltd. held an opening ceremony and gala dinner Saturday at The Venetian® Macao to launch a museum-quality ceramics exhibition, which is being held concurrently across four Sands China properties until Oct. 9. Sands China's All That's Gold Does Glitter - An Exhibition of Glamorous Ceramics features over 90 ceramic masterpieces from outstanding contemporary ceramic artists from 13 different countries and regions.
MACAO, June 5, 2019 /PRNewswire/ -- The Parisian Macao has earned a prestigious LEED Silver certification for the entirety of its operation, in the building design and construction (BD+C) category for new construction projects -- making it the first integrated resort in Macao to do so. LEED is an industry-leading environmental sustainability rating system developed by the U.S. Green Building Council (USGBC). Many of The Parisian Macao's comprehensive sustainability initiatives represent new features previously not seen in Macao or in an integrated resort of its scale in the region.
Macau is considering launching a yuan-based stock market to help it diversify away from gaming, its main source of revenue, and align the territory more with China's growth plans for the Greater Bay Area in the country's southern region. Macau's Monetary Authority told Reuters in an email that it was starting feasibility studies for a securities market, including a stock market which would "leverage Macau's advantage to serve the country's need," compared with established centres Hong Kong and Shenzhen. Beijing is pushing for the special administrative region of Macau to become an international tourism destination as well as a platform for trade and business between Portuguese speaking countries and China.
Gambling revenue in the Chinese territory of Macau hit a five-month high in May, although softer demand from high rollers amid a slowdown in the world's No.2 economy and a Sino-U.S. trade war continued to keep a lid on gains. Revenue was 25.95 billion patacas ($3.21 billion), the highest this year, Macau's Gaming Inspection and Coordination said on Saturday, versus 25.5 billion patacas a year ago and also up from April's monthly haul of 23.6 billion patacas. As the special administrative region marks 20 years since its handover from Portuguese rule, slower mainland economic growth, a weaker yuan and a simmering trade war threaten to derail growth.
MACAO, May 30, 2019 /PRNewswire/ -- Sands China Ltd. has earned a new ISO certification for its occupational health and safety (OHS) measures, making it the fifth ISO certification received by the company to date. The ISO 45001:2018 Occupational Health & Safety Management System certification seeks to reduce occupational injuries and diseases through measures such as eliminating hazards and minimising OHS risks.
Macau's casino operators have pledged billions of dollars to develop non-gaming attractions in a bid to secure new licences, but analysts predict only the more efficient like Sands China and Galaxy will be able to curb losses and emerge winners. The spending frenzy comes as Beijing pushes to rebrand Macau as a family-friendly destination. Operators are ploughing $10 billion into mostly non-gaming, which has traditionally been hard to monetise, before their licences expire in 2022 amid warnings new permits will be linked to efforts to diversify.
Could Sands China Ltd. (HKG:1928) be an attractive dividend share to own for the long haul? Investors are often drawn...
MACAO, May 17, 2019 /PRNewswire/ -- Sands® Macao celebrated its 15th anniversary with a ceremony at the hotel and entertainment complex's outdoor fountain Thursday – marking a decade and a half since its 2004 opening ushered in a period of monumental growth for Sands China and for Macao. When the highly anticipated Sands Macao opened on May 18, 2004, the excitement brought about by Sands China's first property in Macao drew a colossal crowd eager to be the first to experience the luxurious new landmark. Fifteen years later, it attracts millions of visitors annually from around the world, after having paved the way for its sister properties across the water on the Cotai Strip – The Venetian® Macao, The Plaza® Macao, Sands® Cotai Central, and The Parisian Macao – which connect to form an integrated resort city housed under one roof.
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Gambling revenue in the Chinese territory of Macau fell 8.3 percent in April, the biggest year-on-year drop since June 2016, due to tempered demand from high rollers amid a slowdown in the world's second-largest economy. The figure, down from 25.8 billion patacas in March, was in line with analyst expectations for a 3-12 percent drop year on year.
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Participants explore procurement opportunities with Sands China MACAO , April 10, 2019 /PRNewswire/ -- Sands China Ltd. held a Local SME Supplier Open Day Wednesday at Sands ® Cotai Central, aimed at providing ...
11 straight years of supporting Earth Hour Events are part of Sands ECO360 global sustainability strategy MACAO , April 1, 2019 /PRNewswire/ -- Sands China Ltd. raised awareness of environmental sustainability ...
Gambling revenue in the Chinese territory of Macau dipped 0.4 percent in March year-on-year, as slowing economic growth and the Sino-U.S. trade war turned off high-roller gamblers. March's revenue was 25.8 billion patacas ($3.2 billion), Macau's Gaming Inspection and Coordination posted on Monday. As the special administrative region marks 20 years since its handover from Portuguese rule, slower mainland economic growth, a weaker yuan and a simmering trade war threaten to derail growth.
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