Tag Archives: sheldon andelson
- Investing The Hard Way: Why Adelson Matters (Unfortunately)
June 24, 2013
I know, I know. The recent rants – in a Forbes op-ed and a Bloomberg television interview – by Las Vegas Sands (LVS) CEO Sheldon Adelson were sophomoric and ill-conceived. Our own Steven Stradbrooke highlighted both the lack of evidence and the hypocrisy behind Adelson's op-ed and again questioned Adelson's...
- Investing The Hard Way: Is It 2012 Again?
January 7, 2013
For gambling stocks, 2013 started out much the same way 2012 did: with a bang. The Market Vectors Gaming ETF (BJK), comprising 45 stocks across the gambling industry, is already up 5.4% through three trading sessions in 2013. Gambling stocks started out strong in 2012 as well, en route to...
- Top 10 Casino Stories of 2012
December 29, 2012
Checkout our Special Feature on the Hippodrome Casino in London. Get the embed codes here Casino markets all over the planet have seen a big year in 2012. Whether you’re in the USA, Asia or even Spain, then casinos will have been dominating the pages of your favorite gambling...
- Investing The Hard Way: The Slowdown in Macau
August 13, 2012
It's hard to believe that just four months ago, Macau casino operators closed out a banner quarter, in which gambling revenue on the island rose 27 percent year-over-year. The sharp percentage rise was particularly impressive given the market's 2011 performance, in which gross gaming revenue in Macau was $33.5 billion,...
- What Gambling Bonds Mean For Gambling Stocks
August 6, 2012
On many occasions, I've discussed the large debt loads carried by major gambling operators, and the effect that debt can have on their stocks. Caesars Entertainment (CZR) has a market capitalization of $2.6 billion; but its total debt nears $20 billion. MGM Resorts International (MGM) stock is worth a total of...
No, Las Vegas Sands is not buying Wynn Resorts
March 17, 2017
Parisian Macao battling Legionnaires’ Disease outbreak
April 25, 2017
Sheldon Adelson pitches Rio mayor on $8b casino
May 11, 2017