Breakingviews – Blackstone’s Aussie gamble may tempt more players

Monday, 22 March 2021, 05:55:08
Blackstone’s gamble Down Under may tempt more players. An opportunistic $6.2 billion bid for Australia’s Crown Resorts could encourage others like Las Vegas Sands to try their luck. That’s not a huge problem: a knockout price from a rival could hand the U.S. buyout group…
— Reuters

Goldman Sachs says to buy these 33 stocks that are set to generate the market’s most explosive sales growth in 2021 as the COVID-slammed economy reopens

Sunday, 21 March 2021, 11:31:00
Summary List Placement 2020 was not a favorable year for many, especially business owners whose financials were challenged by the unprecedented virus that has been wreaking havoc for more than a year now. In response to the coronavirus outbreak, governments around the world imposed lockdown measures. Some of the first to do so in the US included the governors of New York, New Jersey, and Connecticut, who announced in March 2020 that places like gymnasiums, movie theaters, and casinos would be closed indefinitely . These types of businesses were heavily affected by the shift in consumer buying habits during the pandemic. Individuals stayed at home and went from spending their money on traditional entertainment like amusement parks and gyms towards activities and products that are better suited to social distancing guidelines and teleworking. By offering support to many who work from home, Zoom was one of the names to see a mammoth increase in subscribers. Its 326% sales growth in 2020 was one of the highest within the tech sector.
— Business Insider

Wynn Resorts, Bally's and Las Vegas Sands are quietly competing for a NYC-area casino license

Thursday, 11 March 2021, 08:24:48
Albany officials are pushing to issue three gaming licenses for downstate New York this year instead of 2023 as the Empire State faces declining tax revenues amid the pandemic
— Daily Mail Online

Las Vegas Sands to Participate in the 2021 J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum

Thursday, 11 March 2021, 00:33:00
LAS VEGAS, March 10, 2021 /PRNewswire/ — Las Vegas Sands (NYSE: LVS) will participate in the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on Thursday, March 11, 2021. Mr. Robert G. Goldstein, Chairman and Chief Executive Officer and Mr. Patrick Dumont,…
— PR Newswire

Vegas casinos could be coming to NYC

Wednesday, 10 March 2021, 04:30:25
Three large casino companies are jockeying over a rare opportunity to bring a piece of the Las Vegas Strip to the Big Apple, The Post has learned. Wynn Resorts, Bally’s Corp. and Las Vegas Sands are all quietly positioning themselves to compete for a New York City-area casino license in anticipation of Albany putting out…
— New York Post