SANDS CHINA LTD News

The Asia INT'L ENT exhibition is about to open, and Technology empowers the Gambling Industry to seize opportunities in May.

Jinwu Financial News | The Asia INT'L ENT Expo and Asian Integrated Resort Leisure Industry Expo (G2E Asia & Asian IR Expo) will be held from May 7 to 9, 2025, at the Venetian Macao. As the flagship exhibition of the Asian entertainment and integrated resort industry, this year's theme focuses on "Technology Driving the Future", covering diverse fields such as Gambling Technology, Smart Tourism, and Immersive Experiences. The exhibition will debut 100 innovative products in Asia, including AI-driven guest service Siasun Robot&Automation, unmanned cleaning equipment, AR interactive gambling machines, and more. A new section for "Smart Integrated Resorts" will be introduced at the expo.

Jinwu Financial NewsApr 25 02:24 ET

Sands China (01928) rose by 4.41% as the first quarter Earnings Reports met the expectations of major banks.

Jinwu Financial News | Sands China (01928) saw a strong stock price in the morning session, reporting HKD 14.2, a rise of 4.41%, with a transaction volume of HKD 96.9617 million. On the news front, a Goldman Sachs Research Report indicates that Sands China's Q1 Earnings Reports performance met expectations, with EBITDA recorded at USD 0.535 billion, at the lower end of market predictions. After adjusting for VIP room win rate, EBITDA fell by 8% quarter-on-quarter to USD 0.545 billion, which also met expectations. Considering the trend of market share in Gambling revenue year-to-date, Goldman Sachs has lowered its EBITDA forecast for Sands China for the FY 2025 to 2027 by 7%.

Jinwu Financial NewsApr 24 21:54 ET

Hong Kong stock announcement for treasure hunting | Aluminum Corporation Of China reported a net profit attributable to shareholders of approximately 3.538 billion yuan in the first quarter, a year-on-year increase of 58.78%.

SANDS CHINA LTD (01928) reported a total net income for the first quarter that decreased by 5.7% year-on-year to 1.7 billion dollars; SINO BIOPHARM (01177): 45 research achievements will be announced at the 2025 ASCO annual meeting.

Zhitong FinanceApr 24 11:00 ET

Express News | Sands China : HSBC Cuts Target Price to HK$16 From HK$19

ReutersApr 24 01:21 ET

SANDS CHINA LTD (01928) reported a total net income for the first quarter that decreased by 5.7% year-on-year to 1.7 billion USD.

SANDS CHINA LTD (01928) announced that according to USA generally accepted accounting principles, SANDS CHINA will...

Zhitong FinanceApr 23 19:01 ET

Sands China Reports Decline in Q1 2025 Revenues Amid Strategic Investments

TipRanksApr 23 18:40 ET

What Is Sands China Ltd.'s (HKG:1928) Share Price Doing?

Simply Wall StApr 23 18:29 ET

Macquarie: Expects Easter to drive April's Gambling revenue close to March levels, favoring GALAXY ENT and Sands China among gaming stocks.

Macquarie released a Research Report stating that during the Easter holiday, Macau had over 0.52 million visitors. With the increase in Hong Kong travelers coupled with K-pop star concerts, Macau's average daily Gambling revenue for the week ending on the 21st reached 0.65 billion Macau patacas, a year-on-year increase of 8% and a weekly growth of 6%. If the average daily Gambling revenue for the remaining days of this month reaches between 0.55 billion and 0.65 billion Macau patacas, the total Gambling revenue for April will be between 18 billion and 18.9 billion Macau patacas, reflecting a year-on-year decrease of 3% to an increase of 2%, nearing the levels seen in March. The report indicated that in the first quarter of this year, Macau's mass market Gambling revenue recorded 43.2 billion Macau patacas, a year-on-year increase of 0.6%, with the VIP segment growing year-on-year.

Sina Hong Kong StockApr 23 03:47 ET

Morgan Stanley: On April 21, Macau's gambling revenue reached 13 billion patacas. Bullish on MGM CHINA and GALAXY ENT.

JPMorgan released a Research Report stating that based on industry surveys, the gambling revenue in Macau from April 1 to 21 amounted to 13 billion Macau patacas (same below), resulting in an average daily revenue of 0.619 billion patacas, slightly better than past performance. The bank expects that April's gambling revenue in Macau will be roughly flat year-on-year, similar to the trend in the first quarter. The performance report for the gaming stocks in the first quarter is about to be unveiled, and the bank believes that the market will focus on Sands China (01928) management's views on future trends and prospects, while the demand during Labor Day will also be closely monitored. Little Morgan advises that recent investor stock selection should remain defensive, being Bullish on MGM CHINA (02282) due to its resilient earnings in the first quarter.

Sina Hong Kong StocksApr 23 03:02 ET

Morgan Stanley: On April 21, Macau's gambling revenue reached 13 billion Macau patacas. Bullish on MGM CHINA (02282) and GALAXY ENT (00027).

J.P. Morgan recommends that investors should maintain a defensive stance when selecting stocks, being Bullish on MGM CHINA (02282), as its first-quarter earnings are resilient and relatively high in value and yield, assigning a Shareholding rating.

Zhitong FinanceApr 23 02:33 ET

Hong Kong stocks are moving | Macau Casino stocks are rising, MGM CHINA (02282) has increased by over 5%. Macquarie predicts that the Easter period will drive April's gaming revenue close to March levels.

Macau Casino stocks rose collectively in the morning. As of the time of writing, MGM CHINA (02282) is up 5.58%, at 10.02 HKD; MELCO INT'L DEV (00200) is up 4.39%, at 3.57 HKD; Sands China (01928) is up 3.96%, at 13.66 HKD.

Zhitong FinanceApr 22 23:03 ET

Macau Seen to Experience Budget Deficit Should Gambling Revenue Fall, Chief Executive Says

MT NewswiresApr 20 23:35 ET

The 10th anniversary celebration event of the Sands China Local SMEs Procurement Cooperation Program ─ Open Day for SMEs Suppliers.

Macau, April 17, 2025 /PR Newswire/ -- Sands China held a local SME supplier open day at The Londoner Macao on Thursday as one of the celebrations for the 10th anniversary of its local SME procurement partnership program, attracting a total of 250 local suppliers. A group of distinguished guests attended the Sands China local SME supplier open day at The Londoner Macao on Thursday; the event is one of the celebrations for the 10th anniversary of its local SME procurement partnership program. Sands China launched the "Local SME Procurement Partnership Program" with the Macau Chinese General Chamber of Commerce in 2015, aiming to facilitate more current...

PR NewswireApr 17 10:10 ET

Hong Kong stocks have shown unusual movements | Macau Casino stocks continue to decline, MELCO INT'L DEV (00200) fell over 3%, and Morgan Stanley pointed out the short-term downside risks for Macau Casino stocks.

Macau Casino stocks continue to decline. As of the time of writing, MELCO INT'L DEV (00200) is down 3.44% at 3.37 HKD; Sands China (01928) has dropped 2.74% to 12.8 HKD.

Zhitong FinanceApr 16 02:20 ET

Morgan Stanley: Downgraded BEST PACIFIC's Target Price to HKD 3.4, maintaining a "Shareholding" rating.

CITIC Securities published a Research Report stating that despite a year-on-year growth of 0.6% in Macau's total Gambling revenue (GGR) in the first quarter of 2025, the overall profit margin decline is expected to lead to a year-on-year decrease of 6% in Macau's Gambling EBITDA, reaching 1.897 billion USD. Currently, the expected EV/EBITDA trading multiple for the industry in 2026 is 7.2 times. The bank prefers GALAXY ENT (00027) and Sands China (01928). The bank expects that the total Gambling revenue growth for 2025 will remain nearly stagnant, lowering the annual growth expectation from 4% to 2%, which is 1 percentage point lower than institutional expectations, while adjusting down by 2.

Sina Hong Kong stocksApr 15 01:45 ET

Citi Research: Downgraded the 2025 forecast for total Gambling revenue in Macau, with a preference for GALAXY ENT and others.

CITIC Securities published a Research Report stating that despite a year-on-year growth of 0.6% in Macau's total Gambling revenue (GGR) in the first quarter of 2025, the overall profit margin decline is expected to lead to a year-on-year decrease of 6% in Macau's Gambling EBITDA, reaching 1.897 billion USD. Currently, the expected EV/EBITDA trading multiple for the industry in 2026 is 7.2 times. The bank prefers GALAXY ENT (00027) and Sands China (01928). The bank expects that the total Gambling revenue growth for 2025 will remain nearly stagnant, lowering the annual growth expectation from 4% to 2%, which is 1 percentage point lower than institutional expectations, while adjusting down by 2.

Sina Hong Kong StocksApr 14 22:58 ET

Macau Casino stocks are generally weak; GALAXY ENT (00027) dropped by 3.21%. The Macao policy report indicates that the recovery of gambling is slowing down.

King Wu Finance | Macau Casino stocks are generally weak, GALAXY ENT (00027) fell by 3.21%, Sands China (01928) fell by 1.94%, MELCO INT'L DEV (00200) fell by 1.40%, SJM HOLDINGS (00880) fell by 0.93%, MGM CHINA (02282) fell by 0.83%, WYNN MACAU (01128) fell by 0.80%. The Chief Executive of Macau, Ho Iat Seng, pointed out in his first policy report during his tenure that the post-pandemic recovery momentum of the tourism and gambling industry is gradually slowing down, and this year's fiscal revenue may not be as optimistic as expected, with some new larger expenditures not included in the announced fiscal budget.

Golden Financial NewsApr 14 22:02 ET

The Chief Executive of Macau, Ho Iat Seng, has presented the first policy address during his term, showcasing greater achievements in moderately diversified economic development.

Cen Haohui mentioned increasing efforts in attracting investment, deepening connectivity with Aoqin, promoting the "single license vehicle" from Hongqin northward, expanding government and public service guarantees, and creating an environment similar to that of Macau.

Zhitong FinanceApr 14 06:53 ET

Macau Casino stocks fell broadly. Sands China (01928) dropped 3.29%. The University of Macau expects the tariff war to indirectly affect consumer spending by visitors to Macau.

Jin Wu Financial News | Macau Casino stocks fell broadly, with SANDS CHINA (01928) dropping 3.29%, MELCO INT'L DEV (00200) falling 2.78%, SJM HOLDINGS (00880) decreasing by 2.29%, MGM CHINA (02282) down 2.13%, and WYNN MACAU (01128) lower by 1.41%. According to reports from Macau Radio, the Macau Research Center and the Department of Economics of the University of Macau published a revised forecast for the macroeconomy in 2025, lowering the baseline growth rate of this year's local GDP in Macau from over 7% to 6.8%, primarily considering the potential impact of USA tariff policies.

Jinwu Financial NewsApr 10 22:22 ET

Hong Kong stocks movement | Macau Casino stocks rebound today, MELCO INT'L DEV (00200) rises over 5%. Morgan Stanley expects Macau's gaming revenue to grow by 2% in April.

Macau Casino stocks rebounded today. As of the time of writing, MELCO INT'L DEV (00200) rose by 5.57% to HKD 3.6; WYNN MACAU (01128) increased by 5.47% to HKD 5.01; GALAXY ENT (00027) went up by 4.89% to HKD 26.8; Sands China (01928) climbed by 4.47% to HKD 13.54.

Zhitong FinanceApr 10 02:29 ET