|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||2.6500 - 2.6500|
|52 Week Range||1.7000 - 3.0400|
|Beta (5Y Monthly)||1.01|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Feb 04, 2020|
|1y Target Est||N/A|
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Macau’s casinos once seemed to have a license to generate cash. Prices of dollar bonds from Wynn Macau have tumbled to as low as 68 cents on the dollar, levels more commonly associated with distressed debt. A bond from MGM China Holdings that matures in 2027 was at about 76.6 cents on the dollar Wednesday, according to FactSet.
Coinciding with Mid-Autumn Festival this year, Sands China Ltd. held an opening ceremony for the 2022 Sands Shopping Carnival Saturday at The Venetian® Macao, officially launching the popular annual event with representatives from the government, finance and business sectors in attendance.
Shares of casino companies with operations in the gambling enclave of Macau fell after city officials ordered all businesses aside from essential services to shut down for a week in an attempt to tamp down a Covid-19 outbreak. Las Vegas Sands , which owns several properties in Macau through its subsidiary Sands China fell $2.17, or 6.3%, to $32.21 a share on Monday. Shares of Wynn Resorts fell $3.65, or 6.5%, to $52.81.