Las Vegas Sands owns five casinos in Macau, China, which generated $1.75 billion out of a total of $2.76 billion of the company’s second-quarter revenue.

U. S. casino/resort companies rallied greatly this week after China announced interest rate cuts and other measures designed to stimulate the economy.

The S&P 500 ticked down 0.1% on Friday, Sept. 27, 2024, as investors digested the latest inflation data revealing consumer price pressures eased in August.

Las Vegas Sands (LVS) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

Las Vegas Sands increases its stake in Sands China to nearly 72% with a $103M investment, strengthening its presence in Macau's gaming industry.

Shares of Las Vegas Sands Corp. LVS advanced 7.99% to $48.40 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.40% to 5,745.37 and the Dow Jones Industrial Average DJIA rising 0.

Key Takeaways Shares of Wynn Resorts, Las Vegas Sands, and MGM Resorts International have been lifted by China's measures to boost its economy.The steps by Beijing are expected to boost business at their casinos in Macau.