Vegas News January 24, 2021 Casino Earnings Season We’re coming up on casino earnings season. The quarterly earnings calls and reports are u The global pandemic has been devastating to casino stocks in 2020, and two top Las Vegas operators have reported some disappointing third-quarter earnings numbers as investors continue to hope the Las Vegas Sands Corp. LVS reported dismal fourth-quarter 2020 results, with earnings and revenues missing the Zacks Consensus Estimate. Also, the top and the bottom line declined on a year-over Earnings reports show some casino companies handling crisis . By Richard N. Velotta / Las Vegas Review-Journal. November 21, 2020 - 9:30 am Traffic passes on the Las Vegas Strip Thursday, Nov. 19 Publicly held casino corporations report earnings every quarter. The information shared is usually to provide stock analysts and traders with information to buy stocks. The higher stock prices go, the more valuable the businesses are. For better and worse, Las Vegas casinos are mostly operated by corporations. Featured News: Casino Earnings. The big news in Las Vegas was obviously the opening of Circa. But, casino earnings and their impact are a constant reminder of Vegas in 2020. We did a post-opening TravelZork Live that you’ll be able to watch eventually. I have multiple articles coming out over the next couple of weeks about the property, so I’m happy to skip it for today. You can read a Wynn earnings were slammed by Las Vegas in the fourth quarter, but Macau is on the mend and sports betting is helping. The World's Online Gaming Authority Since 1995 Search Сlose Las Vegas Sands Q4 2020 Earnings Call Jan 27, 2021, 4:30 p.m. ET. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator. Good afternoon. My name is (Bloomberg) -- The real estate unit of Koch Industries said it is buying a 75% stake in a long-stalled resort and casino on the Las Vegas Strip, betting on a rebound in a city hit hard by a plunge in tourism during the Covid-19 pandemic.
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