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Las Vegas Sands Stripped of Investment-Grade Rating by Fitch

Amid a slower-than-expected recovery in Macau, Las Vegas Sands (NYSE:LVS) is the latest casino operator to see its investment-grade credit mark pulled by a...

Todd Shriber June 19, 2022
Macau dividends

Sands China, Wynn Macau Most Affected by Macau Dividend Rule, Says Bank

Under Macau’s new gaming law, concessionaires need to notify Chief Executive Ho Iat-seng of plans to pay dividends. Credit Suisse analysts say Sands China...

Todd Shriber June 17, 2022
Macau casino union jobs layoffs China COVID-19

Macau Casino Union Warns About Mass Layoffs with New Gaming Licenses

The leading casino union in Macau is expressing concerns that the six licensed gaming operators might be inclined to lay off thousands of their...

Devin O'Connor June 14, 2022