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Casino operators jump on China's stimulus plans

BUZZ-Casino operators jump on China's stimulus plans Updates ** Stocks of casino operators rise in morning trade on China's stimulus plans ** China unveils wide-ranging stimulus measures to boost its flagging economy ** Wynn Resorts WYNN.O up 5.6 %, at 2-month high, while Las Vegas Sands LVS.N up 6.9% at over 3-month high ** WYNN and LVS have substantial casino properties in Macau, leading to major dependence on Chinese customers for revenue ** U.S.-listed shares of Melco Resorts & Entertainment
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U.S. STOCKS Copper miners, Biogen, Salesforce

BUZZ-U.S. STOCKS ON THE MOVE-Copper miners, Biogen, Salesforce Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were set for a subdued open on Tuesday, as investors scoured for clues on what the Federal Reserve's next policy move might be, while commodity stocks got a boost after China unveiled a bumper stimulus package.
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Casino operators rise on China's stimulus plans

BUZZ-Casino operators rise on China's stimulus plans ** Stocks of Casino operators rise in premarket trade on China's stimulus plans ** China unveils wide-ranging stimulus measures to boost its flagging economy ** Wynn Resorts WYNN.O up 2.5%, while Las Vegas Sands LVS.N up 3% ** WYNN and LVS have substantial casino properties in Macau, leading to major dependence on Chinese customers for revenue ** U.S.-listed shares of Melco Resorts & Entertainment MLCO.O up 5% ** "Certainly feels like one of t
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Sands China jumps most in 15 months as key shareholder eyes to up stake

BUZZ-Sands China jumps most in 15 months as key shareholder eyes to up stake ** Sands China 1928.HK jumps 5.5% to HK$14.16, on track for the biggest one-day pct rise since June 2023 ** Co says its controlling shareholder Las Vegas Sands Corp LVS.N intends to further increase its shareholding in the company for up to HK$800 mln ($102.6 mln) ** Share
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Missing Chinese spenders deal Macau a losing hand

RPT-BREAKINGVIEWS-Missing Chinese spenders deal Macau a losing hand The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Katrina Hamlin HONG KONG, Aug 20 (Reuters Breakingviews) - China’s travellers are seeking inexpensive thrills. That spells bad news for Macau, where companies such as SJM Holdings 0880.HK and Las Vegas Sands LVS.N are betting heavily on middle-class holidaymakers’ appetite for gambling, shopping, wining and dining.
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Missing Chinese spenders deal Macau a losing hand

BREAKINGVIEWS-Missing Chinese spenders deal Macau a losing hand The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Katrina Hamlin HONG KONG, Aug 20 (Reuters Breakingviews) - China’s travellers are seeking inexpensive thrills. That spells bad news for Macau, where companies such as SJM Holdings 0880.HK and Las Vegas Sands LVS.N are betting heavily on middle-class holidaymakers’ appetite for gambling, shopping, wining and dining.
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Melco Resorts & Entertainment Ltd <MLCO.OQ> expected to post earnings of 7 cents a share - Earnings Preview

Melco Resorts & Entertainment Ltd expected to post earnings of 7 cents a share - Earnings Preview Melco Resorts & Entertainment Ltd MLCO.OQ , MLCO.O is expected to show a rise in quarterly revenue when it reports results on August 13 for the period ending June 30 2024 The Hong Kong-based company is expected to report a 21.2% increase in revenue to $1.149 billion from $947.94 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.
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Melco Resorts & Entertainment Ltd <MLCO.OQ> expected to post earnings of 7 cents a share - Earnings Preview

Melco Resorts & Entertainment Ltd expected to post earnings of 7 cents a share - Earnings Preview Melco Resorts & Entertainment Ltd MLCO.OQ , MLCO.O is expected to show a rise in quarterly revenue when it reports results on August 2 (estimated) for the period ending January 1 0001 The Hong Kong-based company is expected to report a 21.2% increase in revenue to $1.149 billion from $947.94 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.
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Melco Resorts & Entertainment Ltd <MLCO.OQ> expected to post earnings of 7 cents a share - Earnings Preview

Melco Resorts & Entertainment Ltd expected to post earnings of 7 cents a share - Earnings Preview Melco Resorts & Entertainment Ltd MLCO.OQ , MLCO.O is expected to show a rise in quarterly revenue when it reports results on July 30 (estimated) for the period ending June 30 2024 The Hong Kong-based company is expected to report a 21.2% increase in revenue to $1.149 billion from $947.94 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.
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Philippines SM Investments plans casino-resort north of Manila, sources say

Philippines SM Investments plans casino-resort north of Manila, sources say MANILA, July 17 (Reuters) - The Philippines' most valuable firm, SM Investments Corp SM.PS , is planning to invest at least $300 million in an integrated casino and resort north of Manila, two sources with knowledge of the matter said on Wednesday. Premium Leisure Corp, a subsidiary of SM's Belle Corp BEL.PS unit, has applied for a licence to build and operate a casino and resort in Clark, a former U.S.
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