Edition:
United States

Las Vegas Sands Corp (LVS.N)

LVS.N on New York Stock Exchange

63.62USD
4:02pm EDT
Change (% chg)

$-0.01 (-0.02%)
Prev Close
$63.63
Open
$63.69
Day's High
$63.95
Day's Low
$63.24
Volume
663,849
Avg. Vol
798,272
52-wk High
$66.22
52-wk Low
$51.35

Latest Key Developments (Source: Significant Developments)

Las Vegas Sands Q2 adjusted earnings per share $0.73
Wednesday, 26 Jul 2017 04:01pm EDT 

July 26 (Reuters) - Las Vegas Sands Corp ::Las Vegas Sands reports second quarter 2017 results.Q2 adjusted non-gaap earnings per share $0.73.Q2 gaap earnings per share $0.69.Q2 revenue $3.14 billion versus I/B/E/S view $3 billion.Q2 earnings per share view $0.59 -- Thomson Reuters I/B/E/S.Las vegas sands corp - qtrly consolidated adjusted property ebitda increased 26.5 pct to $1.21 billion, with margin increasing 240 basis points to 38.5 pct.Sands macao generated revenue of $161 million and adjusted property ebitda of $39 million in q2.Las Vegas Sands Corp - total net revenues for sands china ltd. (scl) increased 23.0% to $1.82 billion in q2 of 2017, compared to $1.48 billion in q2 of 2016.  Full Article

Las Vegas Sands's Q1 revenue rose 14.3 percent
Wednesday, 26 Apr 2017 04:01pm EDT 

April 26 (Reuters) - Las Vegas Sands Corp : :Las vegas sands reports first quarter 2017 results.Q1 adjusted non-GAAP earnings per share $0.66.Q1 revenue rose 14.3 percent to $3.11 billion.Q1 GAAP earnings per share $0.60.Qtrly hotel revpar in macao increased 10.3 pct to SGD 603.Q1 earnings per share view $0.62, revenue view $3.11 billion -- Thomson Reuters I/B/E/S.  Full Article

Las Vegas Sands Corp's units entered into a fourth amendment to existing credit agreement dated as of Dec 19, 2013
Wednesday, 29 Mar 2017 05:21pm EDT 

Las Vegas Sands Corp : Las Vegas Sands Corp - Units entered into a fourth amendment to existing credit agreement dated as of December 19, 2013 . Las Vegas Sands Corp - Under agreement, term loan lenders will provide refinancing term loans in an aggregate amount of $2.18 billion - SEC Filing .Las Vegas Sands Corp - Amendment agreement extends maturity date of term loans from December 19, 2020 to March 29, 2024.  Full Article

Las Vegas Sands reports Q4 GAAP earnings per share $0.64
Wednesday, 25 Jan 2017 04:01pm EST 

Las Vegas Sands Corp : Las Vegas Sands reports fourth quarter and full year 2016 results . Q4 adjusted non-GAAP earnings per share $0.62 . Q4 revenue $3.08 billion versus I/B/E/S view $3.11 billion . Q4 earnings per share view $0.66 -- Thomson Reuters I/B/E/S . Q4 GAAP earnings per share $0.64 . "Macao market overall continued its recovery in q4" . Macao portfolio generated visitation growth of 23% and higher hotel occupancy rates in Q4 . Qtrly consolidated adjusted property EBITDA increased 6.1% to $1.12 billion, with margin of 36.3% .On a GAAP basis, total net revenues for Sands China Ltd. (scl) increased 12.0% to $1.86 billion in Q4 of 2016.  Full Article

Las Vegas Sands says unit, certain of borrower's units entered into third amendment to credit agreement
Tuesday, 27 Dec 2016 05:03pm EST 

Las Vegas Sands Corp : Las Vegas Sands - on Dec 27, co's unit and certain of borrower's units entered into a third amendment to existing credit agreement dated Dec 19, 2013 .Las Vegas Sands - term loan lenders to provide refinancing term loans in aggregate amount of $2.19 billion for purpose of effecting repricing of term loans.  Full Article

Las Vegas Sands reports Q3 gaap earnings per share $0.65
Thursday, 3 Nov 2016 04:01pm EDT 

Las Vegas Sands Corp : Las vegas sands corp says consolidated adjusted property ebitda of $1.14 billion increased 8.6% in q3 of 2016, compared to year-ago quarter . On a gaap basis, total net revenues for sands china ltd increased 3.6% to $1.72 billion in q3 of 2016, versus $1.66 billion in q3 of 2015 . Las vegas sands reports third quarter 2016 results . Q3 adjusted non-gaap earnings per share $0.72 . Q3 revenue $2.97 billion versus i/b/e/s view $2.81 billion . Q3 earnings per share view $0.60 -- Thomson Reuters I/B/E/S .Q3 gaap earnings per share $0.65.  Full Article

Las vegas sands unit borrowed U.S. Dollar equivalent of nearly US$1 billion of new initial term loans
Wednesday, 31 Aug 2016 07:42am EDT 

Las Vegas Sands Corp :Unit borrowed U.S. Dollar equivalent of approximately US$1 billion of new initial term loans.  Full Article

Madison Square Garden unit, Las Vegas Sands unit enter into an agreement
Wednesday, 25 May 2016 06:42am EDT 

Madison Square Garden Co : Unit entered into an agreement with a subsidiary of Las Vegas Sands Corp . MSG will develop, construct venue with capacity of at least 16,000 seats on parcel of land in Las Vegas, Nevada owned by Sands . If certain return objectives are achieved, Las Vegas Sands will receive 25% of after-tax cash flow in excess of objectives . MSG will lease the venue under a 50 year lease agreement .Madison Square Garden says sands will provide co with $75 million to help fund construction costs of project.  Full Article

Las Vegas Sands- Nevada Gaming Control board filed complaint against co on May 11
Thursday, 12 May 2016 06:25am EDT 

Las Vegas Sands Corp : On may 11, Nevada Gaming Control board filed complaint against co alleging certain violations of Nevada Gaming Control Act . Agreed to pay a fine in amount of $2 million .Complaint related to company's previously announced administrative settlement with sec of April 7, 2016.  Full Article

Las Vegas Sands Corp pays $9 mln to end SEC probe into China, Macau - Reuters News
Thursday, 7 Apr 2016 04:28pm EDT 

Las Vegas Sands Corp:Las Vegas Sands Corp agreed to pay $9 million to end the U.S. Securities and Exchange Commission's more than five-year probe into whether it violated a federal anti-bribery law by paying a consultant to help it do business in China and Macau - RTRS.Thursday's civil settlement resolves charges that the casino operator run by billionaire Sheldon Adelson violated the Foreign Corrupt Practices Act by failing to properly authorize or document more than $62 million of payments to the consultant.known within the company as a "beard," between 2006 and 2011.The SEC said the consultant served as a middleman to conceal Las Vegas Sands' effort to buy a team in the Chinese Basketball Association.which forbade gaming companies from ownership, and part of a Beijing building despite China's casino gambling ban.Las Vegas Sands also failed to properly document transactions involving its Macau operations, the SEC said.Publicly traded companies "must have appropriate financial controls in place to ensure that expenses are paid for bona fide services," Andrew Ceresney, head of the SEC enforcement division, said in a statement.Las Vegas Sands also agreed to retain an independent compliance consultant for two years. It did not admit wrongdoing, and said there was no finding of corrupt intent or bribery.  Full Article