Macau casinos prep for strong Chinese New Year traffic
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 22 2025
0mins
Should l Buy LVS?
Source: SeekingAlpha
Chinese New Year 2025 and Macau's Casino Impact: The Chinese New Year on January 29, 2025, marks the Year of the Snake, with an 8-day holiday period crucial for Macau's casinos, which expect increased revenue and tourism from Mainland China. Analysts report positive trends, with luxury hotels already sold out for part of the holiday.
Market Performance and Stock Insights: Last year's strong tourist data led to a surge in Macau casino operator shares, while concerns remain regarding leverage and capital expenditures for companies like Melco Resorts, amidst ongoing developments such as Las Vegas Sands' stock valuation adjustments and expansion plans into Thailand.
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Analyst Views on LVS
Wall Street analysts forecast LVS stock price to rise
14 Analyst Rating
10 Buy
4 Hold
0 Sell
Moderate Buy
Current: 54.900
Low
56.89
Averages
69.12
High
80.00
Current: 54.900
Low
56.89
Averages
69.12
High
80.00
About LVS
Las Vegas Sands Corp. is a global developer and operator of destination properties (Integrated Resorts). The Integrated Resorts feature accommodations, gaming, entertainment and retail malls, convention and exhibition facilities, celebrity chef restaurants and other amenities. Its properties also cater to high-end players by providing them with luxury amenities and premium service levels. Its other amenities include luxury accommodations, restaurants, lounges, invitation-only clubs and private gaming salons. Its principal operating and developmental activities occur in two geographic areas: Macao and Singapore. In Macao, it owns The Venetian Macao Resort Hotel; The Londoner Macao; The Parisian Macao; The Plaza Macao and Four Seasons Macao, and Sands Macao. In Singapore, it owns Marina Bay Sands. It also has ferry operations. It owns and operates a collection of Integrated Resorts in the Macao Special Administrative Region of the People's Republic of China (PRC) through Sands China Ltd.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Cultural Exchange Platform: Since its establishment in 2022, Sands Gallery has been committed to fostering cultural exchanges between Macao and the international art community, further solidifying its role as a cultural portal for Macao and helping local artists expand into global markets through this exhibition.
- Rich Exhibition Content: The booth features over 40 artworks, blending contemporary art with the historical narrative of the century-old firecracker factory, showcasing Macao's rich cultural heritage and artistic innovation, attracting nearly 100 distinguished guests from Hong Kong and Macao.
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See More
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- Artist Spotlight: Featured artists Lei Ieng Wai, Leong Chi Mou, and Dor Lio Hak Man represent the innovation and development of contemporary art in Macao, drawing attention and acclaim from international audiences.
- Cultural Exchange Platform: This exhibition not only showcases Macao's artistic achievements but also provides a bridge for Macao artists to engage with the international art community, fostering cultural exchange and collaboration.
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- Coca-Cola vs. PepsiCo: Over the past five years, Coca-Cola's stock has risen by over 46%, while PepsiCo's has only increased by 9%, indicating Coca-Cola's strong market performance; PepsiCo is now divesting lagging brands and prioritizing healthy products to seek growth.
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See More
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