Dublinbet

Dublinbet

DublinBet.com is an innovative and classy casino and card room. It offers classic online casino game favourites plus some of the best live dealer games on the net for January 2012.

Through the latest webcasting technology you can interact with dealers from the privacy of your home (or office!). The sounds and dealer action is live from the Fitzwilliam Card Club and Casino, in Dublin Ireland. DublinBet's Distance Gaming® is a 'must try even if you're not fussed for live dealer games - try the unique early payout

+ More info...

888

888

Do you find it hard to get to a live casino to play poker? Then simply come to 888poker, the best poker online room in Australia and experience the same thing with no hassle.888 Casino is one of the most famous casinos in cyberspace, thanks to some of the most eye-catching promotions in the industry and an ongoing commitment to innovation. Owned and operated by a subsidiary of 888 Holdings plc, which is listed on the London Stock Exchange, 888 Casino was launched in 1997 and more than 25 million people have played here since.

+ More info...

365 Casino

365 Casino

Enjoy a huge selection of casino games at 365 Casino with monthly bonuses and weekly promotions, Play Blackjack, Roulette, Baccarat, Slots, and Video Poker and win big at 365 casino. 24hrs a day, 365 days a year Safe & secure with excellent Customer Service.

+ More info...

Elegance Casino

Smart Live Casino

The unique thing about Smart Live Casino is its live casino games. It offers live baccarat, live roulette and live blackjack where the player sees the dealer and the action unfold infront of his own eyes. They have a fully array of games as well as sports betting. The site also comes in a variety of languages.

+ More info...

Las Vegas Sands Misses On Earnings, Revenue But Hikes Dividend

E-mail Print PDF
Las Vegas Sands Misses On Earnings, Revenue But Hikes Dividend

Las Vegas Sands (LVS) earnings and revenue fell short Wall Street estimates, as U.S. and Singapore revenue fell, but the casino giant raised its dividend.

X Las Vegas Sands Earnings Estimates: Wall Street expects Las Vegas Sands earnings per share to climb 9% to 84 cents, according to Zacks Investment Research. Revenue is seen ascending 7% to $3.415 billion.
Results: EPS of 77 cents on revenue of $3.37 billion. Macau operations revenue increased 13% to $2.15 billion. But Singapore's Marina Bay Sands revenue dropped 2.9% to $766 million, Las Vegas revenue fell 2% to $379 million, and Sands Bethlehem revenue slipped 4.2% to $138 million. The board also approved an 8-cent increase to the dividend for 2019, bring it to an annual payout of $3.08, or 77 cents a quarter. "We remain supremely confident in the future opportunity in Macao, and have therefore elected to meaningfully increase the scale of our investments in the Four Seasons Tower Suites Macao, St. Regis Tower Suites Macao and The Londoner Macao, which will now total $2.2 billion in investment through 2021," said Chairman and CEO Sheldon Adelson in a statement. Las Vegas Sands Stock The casino behemoth's securities fell 2.4% late after closing down 2.6% at 52.00 on the stock market today, hitting its worst levels since March 2017. Las Vegas Sands stock has plunged since reaching a high of 81.45 on June 18. Las Vegas Sands stock has a lowly IBD Composite Rating of 22. It is also worth noting that its Accumulation/Distribution Rating, which reflects the relative degree of institutional buying and selling, is a worst-possible E. Las Vegas Sands isn't alone. The Leisure-Gaming/Equipment industry group ranks a lowly 172 out of the 197 groups tracked. Las Vegas Sands has several Las Vegas properties, but Macau is its top revenue source. Among other major casino stocks with big Macau and Vegas operations, MGM Resorts International (MGM) tumbled 4.4%, Wynn Resorts (WYNN) dropped 3.2%, Macau-focused Melco Crown Entertainment (MLCO) dropped 2.15%, and recent IPO Studio City (MSC), which is also focused on Macau, sank nearly 8%. U.S.-focused Caesars Entertainment (CZR), which reportedly turned down merger overtures from Golden Nugget owner Tilman Fertitta, retreated 6.2%. Among regional casinos, Penn National Gaming (PENN) and Boyd Gaming (BYD) both fell 5.6%. Rising Sun Boost For Las Vegas Sands? Opening one of the first legal casinos in Japan would be a catalyst for Las Vegas Sands stock. It was tipped for success on Wednesday by Morningstar analyst Dan Wasiolek. "We see Las Vegas Sands as most likely to win one of the two urban gaming licenses, due to its strong resort experience in Singapore and Las Vegas, where we believe regulation is more stringent than in Macau and the Philippines, and where problem gambling and crime issues have been controlled," he said in a report. "Additionally, Las Vegas Sands has shown itself to be a valued partner in Macau where it has invested $13 billion since 1999." Japan's parliament passed a controversial bill in July to open the door for casino operations in the country. Sands, Wynn, Melco Resorts & Entertainment (MLCO) and others aim to set up shop in the nation. Sin City Puts Casino Stocks In Purgatory The group sold off heavily in August after warning that Las Vegas revenue will fall dramatically in Q3. They faced tough comparisons on the previous year's bonanza from Floyd Mayweather's megafight with Conor McGregor. Casino stock Caesars Entertainment warned that Q3 bookings were soft at its Las Vegas casinos when it reported earnings. There has also been growing resistance among visitors to rising resort fees and fees for parking, which used to be free but can now cost $30 a day. However, analysts say the arrival of the NFL's Raiders franchise, the strong business climate, robust GDP growth, improving entertainment offerings and an ample, convenient airport will act as catalysts. And there has been a double whammy for Macau-tied casino stocks like Las Vegas Sands, Wynn Resorts, MGM Resorts and Melco Resorts. There are fears that the Chinese gambling mecca could be hit by the country's economic slowdown. Deutsche Bank cut its 2019 forecast for gaming revenue growth to 4% from 11% growth. This was due to concerns that high rollers may stay away. Analysts also said China's only legal gambling hub is at the start of a downward earnings revision cycle. YOU WILL ALSO LIKE: A Losing Proposition? Casino Stocks Fall Over Macau Slowdown Fears Tesla, Microsoft Lead Top Stocks Reporting: Investing Action Plan These 5 Stocks With Solid Sales Are Holding Up Despite Downturn

Read more http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNGJiSwX8u_d6c9Lgn3OKWyIK3qINw&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52780076969509&ei=xD_RW7iOA5bKhgHbxJ_4Bw&url=https://www.investors.com/news/casino-stock-las-vegas-sands-earnings/

You are here