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- Parent of Las Vegas Casino Weighs Options, Considers Reworking Debt.
- By Dave Berns, Las Vegas Review-Journal Knight Ridder/Tribune Business News Apr. 2--Venetian parent Las Vegas Sands is eyeing potential ventures in tribal and Internet gambling despite facing a possible refinancing of its debt, a Monday filing with the federal Securities and Exchange Commission...
- Research articles 2002-04-02
- Earnings Preview: Las Vegas Sands
- Las Vegas Sands LVS is expected to report Q3 earnings after market close today (Monday, Nov. 10) with a conference call scheduled for 5:00 pm ET. Guidance Analysts are looking for EPS of 11c on revenue of $1.16B. The consensus range is 2c to 26c for EPS, and $1.09B to...
- External links 2008-11-10
- Travel Roundup: MGM Mirage Raises $1B, Las Vegas Sands' Macao IPO, Allegiant Flies Into LAX and More
- MGM Mirage raises $1 billion -- MGM Mirage reported Thursday that it raised $1 billion in a public stock offering, in an attempt to raise $2.5 billion to pay off its $14 billion in debt. The company, headed by Kirk Kerkorian, said it will use the proceeds to pay at least $750...
- Blog posts 2009-05-15
- Travel Roundup: Las Vegas Sands Banks on Bethlehem, Embassy Suites' Experiment, Disney Cruise Line's Bomb Scare and More
- Las Vegas Sands Corp. opens Bethlehem, Pa. casino -- Las Vegas Sands Corp. opens its 124-acre Sands Bethlehem casino in Bethlehem, Pa. today, hoping its profits will help turn around its various misfortunes. Earlier this year, Las Vegas Sands pulled the plug on several developments, including condominiums on the Las...
- Blog posts 2009-05-22
Additional Resources
- Is Macao a Losing Bet for Las Vegas Sands?
- The Venetian Macao Resort Hotel was supposed to be a 3,000-suite mega-resort, a kind of Disneyland copy of Venice, with casinos and shopping for an upscale Asian market. But now Las Vegas Sands Corp. is $10 billion in debt and sliding, its projects postponed or canceled just as the economy takes a swandive....
- Blog posts 2008-11-30
- Las Vegas Sands May Finish Macao Project
- Las Vegas Sands Co., the beleaguered casino operator who abandoned its Macao casino resorts and other developments in November when credit markets dried up, said it would likely continue the project if financing is found. The company said it needs another $2 billion to finish off three casinos and hotel towers. ...
- Blog posts 2009-04-02
- Las Vegas Sands: Too Big to Fail?
- Trader Mark submits: I was a long-term bear on U.S. casinos in 2007, more on the fact that I thought Las Vegas exemplified all the aspects of American consumerism that were going to change - namely excess. [Oct 3, 2007: A Top in Casino Names? Wynn and Las...
- External links 2009-09-04
- Travel Roundup: Las Vegas Sands Layoffs, Union Pacific Sells 33 Miles, 60 Las Vegas Hotels Under $50 and More
- Las Vegas Sands lays off almost 200 -- Las Vegas Sands Corp. reported it laid off nearly 200 employees in its Las Vegas operations. A spokesman said the the 194 layoffs from several departments were a response to the current economy. Las Vegas Sands, which owns the Venetian and Palazzo hotel-casinos on the Las Vegas Strip, also...
- Blog posts 2009-07-01
- Placing My Chips on Las Vegas Sands
- Trader Mark submits: Las Vegas Sands LVS is our one truly speculative fare in the portfolio - after sitting on the precipice of potential default, banks swooped in [Apr 22, 2009: Wynn Resorts, Las Vegas Sands Amend Credit Terms] and helped both LVS and MGM Mirage MGM live despite...
- External links 2009-11-01
- Las Vegas Sands Q2 2006 Earnings Conference Call Transcript (LVS)
- Earnings Call Excerpt Las Vegas Sands, LVS Q2 2006 Earnings Conference Call August 2, 2006, 4:30 p.m. EST Executives: William Weidner, President and Chief Operating Officer Sheldon G. Adelson, Chairman Brad Stone, Executive Vice President Scott Henry, Senior Vice President ...
- Earnings calls 2006-08-02
- Travel Roundup: Las Vegas Sands Cuts 11,000, DHL Quits U.S. Shipping, Cessna Lays off 500 and More
- Las Vegas Sands lays off 11,000 workers in Macau -- Las Vegas Sands Co. decides to suspend building in Macau, laying off about 11,000 workers. The Las Vegas-based company already said it would temporarily shut down two sites including two hotel towers and three casinos. Last week, the company reported that...
- Blog posts 2008-11-13
- Travel Roundup: Extended Stay Faces Foreclosure, Shareholders Sue Las Vegas Sands, Austin Hotel Shelved and More
- Extended Stay could turn over company to lenders -- Debt-burdened Extended Stay Hotels could end up handing over the hotel chain to its lenders. The company was highly-leveraged when it was sold to Lightstone Group, which bought the $8 billion hotel group with $7 billion in financing. With economic and credit...
- Blog posts 2008-12-08
- Wynn's and Las Vegas Sands' Amended Loans Worth a Gamble?
- Trader Mark submits: We are seeing a lot of amended loans in industry after industry - I find it a bit curious that banks can do this with all the stresses they have, but I would assume there is some government pressure behind this sudden influx of "don't worry about...
- External links 2009-04-22
- Travel Roundup: Cuban Travel Ban Debate, Las Vegas Sands Layoffs, Embraer Expects Brazil's Money and More
- Cuban travel ban could be lifted -- Senators and special interest groups are scheduled to rally for a bill to end travel restriction to Cuba Tuesday and President Barack Obama is expected to further loosen travel restrictions by the Summit of the Americas conference April 17-19 in Trinidad and Tobago. The...
- Blog posts 2009-03-30
- Las Vegas Sands Gamble Might Pay Off - Bernstein
- Ockham Research submits: Las Vegas Sands LVS received some much needed good news today as Bernstein released a note saying the company is undervalued. Las Vegas Sands has been hammered by short sellers in the last few months as have many other casinos. With the slowdown in...
- External links 2009-03-13
- Travel Roundup: Las Vegas Sands is Broke, California's High-Speed Rail, Obama's Heritage Tour and More
- Las Vegas Sands Corp. needs cash -- Las Vegas Sands Corp. announced Thursday that it needs to raise money or stop development by next month to keep from defaulting on its $8.8 billion debt.  Reports that the company might renege on its loan agreements caused shares to drop 33 percent. Billionaire and...
- Blog posts 2008-11-07
- Fairmont Raffles Holdings International and Las Vegas Sands Working in Asia's Las Vegas and Boyd Gaming to Present at Goldman Sachs Lodging, Gaming, Restaurant and Leisure Conference.
- M2 PRESSWIRE-6 June 2006-US Equity News: Fairmont Raffles Holdings International and Las Vegas Sands Working in Asia's Las Vegas and Boyd Gaming to Present at Goldman Sachs Lodging, Gaming, Restaurant and Leisure ConferenceC1994-2006 M2 COMMUNICATIONS LTD RDATE:06062006 City of Industry, CA...
- Research articles 2006-06-06
- Travel Roundup: Las Vegas Sands Layoffs, International Travel Down, Delta's Emergency Landing and More
- Las Vegas Sands Corp. lays off 200 -- Las Vegas Sands Corp. is dropping 200 workers from its Las Vegas Strip casino hotels in an effort to save the company $100 million. The cuts, which will come from its Venetian and Palazzo properties, will be about 2 percent of its...
- Blog posts 2008-12-12
- Adelson Ousts President at Las Vegas Sands
- Las Vegas Sands Co. chief executive Sheldon Adelson told reporters today that he's at the helm of the company now that William Weidner, its former president, resigned under pressure. Weidner, who was with the company 13 years, said he resigned March 8, but Adelson and other board...
- Blog posts 2009-03-10
- Travel Roundup: Wynn, Las Vegas Sands Amend Debt, Asia Feels Biz Slowdown, Airlines Cut 27,500 Jobs and More
- Wynn and Las Vegas Sands amend debt agreements -- Casino operators Wynn Resorts Ltd. and Las Vegas Sands Corp. each said Tuesday that they amended their debt agreements to help repay their billions of debt. The nation's other two largest casino operators, MGM Mirage and Harrah's Entertainment Inc. have all tried to...
- Blog posts 2009-04-22
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