Nearly 4.5 %
Shares of Las Vegas Sands jump on plans to build in Macau
(Macau).- Shares of Las Vegas Sands jumped yesterday trading after the company got approval to move forward with a new project in Macau.
2010-12-21
Reading time 25 seg
The firm said it received a letter from the Macau Land, Public Works and Transport Bureau that should clear the way for it to start selling shares to prospective buyers interested in owning a Four Seasons-branded apartment in Macau.
Macau is the only place in China where gambling is legal. The enclave's gambling business has remained relatively strong during the recession, helping casino operators like Las Vegas Sands, Wynn Resorts and MGM Resorts International offset some of their U.S. weakness.
Shares of Las Vegas Sands rose us$ 2.02, nearly 4.5 %, to us$ 47.40 in afternoon trading. Shares have traded between us$ 14.87 and us$ 47.47 in the past 52 weeks.
Leave your comment
RELATED NEWS
Expanding footprint in regulated markets
Wazdan shortlisted in five categories at SBC Awards Americas 2026
Season-long branding placement
PrizePicks expands motorsports presence through Arrow McLaren IndyCar agreement
Christian Genetski tapped to lead
FanDuel CEO Amy Howe exits as Flutter faces industry shift and lowered forecast
COMPANIES
Christian Genetski tapped to lead
FanDuel CEO Amy Howe exits as Flutter faces industry shift and lowered forecast
Q1 net income falls 38% to $209 million
Flutter boosts prediction market spending despite Q1 profit slump, cuts 2026 outlook
Season-long branding placement
PrizePicks expands motorsports presence through Arrow McLaren IndyCar agreement
Brings more than 20 years of experience
Zitro Digital appoints Thiago Valadão as Commercial Director for Brazil
NYCE Marketplace
Partnership expansion
Riddec Games enters Nirmata Play distribution network through Stargate partnership
Vor Turbo shares product overview
Sportsbook integration: Deploying betting widgets at scale
Also authorised in New Jersey, Michigan
Flows secures Pennsylvania Gaming Control Board authorisation
LATEST NEWS
ONLINE GAMING
LEGISLATION
SPORTS BETTING
EVENTS
May 12–14, Venetian Macao
Aristocrat Gaming showcases new Asia-focused portfolio at G2E Asia
Expanding footprint in regulated markets
Wazdan shortlisted in five categories at SBC Awards Americas 2026
EVENTS CALENDAR
Highlighted
Affpapa Conference Madrid 2026
Highlighted
MAC Affiliate Conference 2026
Highlighted
SBC Summit Americas 2026
JUN 9th 26 / JUN 11th 26
Live Event Broward County Convention Center, Fort Lauderdale, Florida
Highlighted
PGS 2026
Highlighted
SBC Summit 2026
Highlighted
