Articles tagged “las vegas sands”

Thailand's decision to legalize casinos could be its big "ka-ching" moment, potentially transforming its tourism sector and unlocking economic benefits.

MGM Resorts CEO William Hornbuckle made around $37.9 million in pay last year. The financial windfall was a reward for seeing the company notch record revenue and sign a landmark loyalty partnership with Marriott.

Las Vegas Sands is preparing a new $3.3 billion expansion project to its Singapore Integrated Resort including a new hotel tower with 1,000 rooms and suites, a 15,000 seat arena, and a rooftop swimming pool.

Move over Macau and Singapore. Las Vegas Sands is betting on Long Island, unlike other city-centric developers spending millions to win a casino license in New York. All these new proposals are focusing on corporate meeting spaces and tourism boosts to the economy to turn the odds in their favor.

Take a look at last year's hotel CEO compensation tables. The top bosses did well, and why not? Navigating the pandemic was tricky. Yet there was a wide disparity in the pay between most CEOs and workers. That's harder to defend.

MGM Resorts International and Las Vegas Sands aren’t writing off Macau, but they also aren’t solely focusing on China’s gaming hotspot for growth in Asia.

Wyndham plans to throttle its recovery forward with a wave of international openings this year. The uncertain factor is if investors want this, given the company's resilience during the pandemic stemmed from domestic travel demand.

Macau is an extraordinarily important gaming market for Las Vegas Sands, and the company’s third quarter earnings call was a giant love fest for China’s gaming regulators. What else are company leaders going to do but schmooze the people in charge of renewing their gaming license?

Increased oversight from Chinese regulators in Macau threatens a massive financial hit to U.S. gaming resort operators. But don’t expect this to lead to a mass exodus to other gaming markets in Asia.

Old school travel companies still largely dominate in terms of stock market valuation, but there is no denying the disruption sparked by Airbnb’s debut on the stock market.