|Bid||54.24 x 800|
|Ask||54.22 x 800|
|Day's Range||53.52 - 54.75|
|52 Week Range||33.30 - 71.38|
|Beta (5Y Monthly)||1.37|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jan. 27, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar. 17, 2020|
|1y Target Est||62.95|
The recent passing of Sheldon Adelson, founder of the Las Vegas Sands (NYSE: LVS) gambling empire, marked the end of an era for the resort company, which helped shape the industry. Reports surfaced that the Sands was considering entering the sports betting market prior to Adelson's death, but with his veto no longer an obstacle, it's possible the company could now move more quickly. While it does have a sportsbook at its Venetian resort in Las Vegas, it's being operated by William Hill, which is being acquired by Caesars Entertainment (NASDAQ: CZR).
Las Vegas Sands (LVS) fourth-quarter results are likely to reflect the impact of low visitation.
Sands China Ltd's adjustment to life after the death of billionaire founder Sheldon Adelson, coming a year before the firm's gaming licence expires, could open up opportunities for Chinese investors to acquire a stake, industry executives said. Without the larger-than-life visionary at the helm, the firm may be more willing to sell a stake to curry favour with China's government, or suitors may take advantage of his absence to buy a degree of control without opposition, executives told Reuters. Adelson, who died on Jan. 11 aged 87, was widely credited with helping transform the Chinese territory of Macau from a den of hardcore gambling parlours into a centre of luxury resorts and convention centres with revenue that now dwarfs that of Las Vegas, home of his U.S. flagship Las Vegas Sands Corp.