Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery

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Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery

Bloomberg2022-02-16

(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P ...

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Comment（33）

seetees
·2022-02-17
Nice
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1
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thammada
·2022-02-17
[Smile]
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2
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ZenInv
·2022-02-17
Repeat of 2008?
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1
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TSY123
·2022-02-17
Ok
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2
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Kwgan
·2022-02-17
ok
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2
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WJ77
·2022-02-17
👍
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2
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bobbylim
·2022-02-17
Hmm
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1
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Dandiman
·2022-02-17
Pls like
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2
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LIMKT
·2022-02-17
Like
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4
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LIMKT
·2022-02-17
Like
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2
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ChooChoo0501
·2022-02-17
Like
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3
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Fumiyo
·2022-02-17
Like
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4
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Myname
·2022-02-17
Ok
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4
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GinOng
·2022-02-17
This depends on China economic recovery !
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1
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cutepebbles
·2022-02-17
Ok
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3
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xiaobaii
·2022-02-17
like & comment please
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3
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Khoo18
·2022-02-17
Like
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3
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Jinhao94
·2022-02-17
Pls like
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2
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Linda1127
·2022-02-17
Oh No
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5
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YMF808
·2022-02-17
Bad
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2
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The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.S&P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&P.“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&P analysts Melissa Long and Ariel Silverberg wrote.While S&P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9094927533,"gmtCreate":1645054204443,"gmtModify":1676533990866,"author":{"id":"3562561688574892","authorId":"3562561688574892","name":"seetees","avatar":"https://static.tigerbbs.com/35829985f82fe3d891b427ca34c3e0b8","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3562561688574892","authorIdStr":"3562561688574892"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094927533","repostId":2211060669,"repostType":4,"repost":{"id":"2211060669","kind":"news","pubTimestamp":1645024997,"share":"https://ttm.financial/m/news/2211060669?lang=&edition=fundamental","pubTime":"2022-02-16 23:23","market":"us","language":"en","title":"Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2211060669","media":"Bloomberg","summary":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower reco","content":"<html><head></head><body><p>(Bloomberg) -- S&amp;P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.</p><p>S&amp;P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.</p><p>The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.</p><p>The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.</p><p>S&amp;P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.</p><p>Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&amp;P.</p><p>“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&amp;P analysts Melissa Long and Ariel Silverberg wrote.</p><p>While S&amp;P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLas Vegas Sands Cut to Junk by S&P on Slower Macau Recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-16 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P ...</p>\n\n<a href=\"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4150":"赌场与赌博","BK4561":"索罗斯持仓","LVS":"金沙集团"},"source_url":"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2211060669","content_text":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.S&P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&P.“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&P analysts Melissa Long and Ariel Silverberg wrote.While S&P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094928192,"gmtCreate":1645053710329,"gmtModify":1676533990743,"author":{"id":"3574636093461410","authorId":"3574636093461410","name":"thammada","avatar":"https://static.tigerbbs.com/64bd66fcccfc86b5e81286648668869b","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3574636093461410","authorIdStr":"3574636093461410"},"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094928192","repostId":2211060669,"repostType":4,"repost":{"id":"2211060669","kind":"news","pubTimestamp":1645024997,"share":"https://ttm.financial/m/news/2211060669?lang=&edition=fundamental","pubTime":"2022-02-16 23:23","market":"us","language":"en","title":"Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2211060669","media":"Bloomberg","summary":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower reco","content":"<html><head></head><body><p>(Bloomberg) -- S&amp;P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.</p><p>S&amp;P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.</p><p>The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.</p><p>The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.</p><p>S&amp;P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.</p><p>Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&amp;P.</p><p>“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&amp;P analysts Melissa Long and Ariel Silverberg wrote.</p><p>While S&amp;P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLas Vegas Sands Cut to Junk by S&P on Slower Macau Recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-16 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P ...</p>\n\n<a href=\"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4150":"赌场与赌博","BK4561":"索罗斯持仓","LVS":"金沙集团"},"source_url":"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2211060669","content_text":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.S&P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&P.“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&P analysts Melissa Long and Ariel Silverberg wrote.While S&P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094923658,"gmtCreate":1645053572335,"gmtModify":1676533990695,"author":{"id":"4098783902581330","authorId":"4098783902581330","name":"ZenInv","avatar":"https://community-static.tradeup.com/news/033bd47e3df1977aaef462f53997e9f1","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"4098783902581330","authorIdStr":"4098783902581330"},"htmlText":"Repeat of 2008?","listText":"Repeat of 2008?","text":"Repeat of 2008?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094923658","repostId":2211060669,"repostType":4,"repost":{"id":"2211060669","kind":"news","pubTimestamp":1645024997,"share":"https://ttm.financial/m/news/2211060669?lang=&edition=fundamental","pubTime":"2022-02-16 23:23","market":"us","language":"en","title":"Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2211060669","media":"Bloomberg","summary":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower reco","content":"<html><head></head><body><p>(Bloomberg) -- S&amp;P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.</p><p>S&amp;P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.</p><p>The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.</p><p>The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.</p><p>S&amp;P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.</p><p>Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&amp;P.</p><p>“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&amp;P analysts Melissa Long and Ariel Silverberg wrote.</p><p>While S&amp;P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLas Vegas Sands Cut to Junk by S&P on Slower Macau Recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-16 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P ...</p>\n\n<a href=\"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4150":"赌场与赌博","BK4561":"索罗斯持仓","LVS":"金沙集团"},"source_url":"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2211060669","content_text":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.S&P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&P.“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&P analysts Melissa Long and Ariel Silverberg wrote.While S&P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094962576,"gmtCreate":1645053180612,"gmtModify":1676533990558,"author":{"id":"3583665662213187","authorId":"3583665662213187","name":"TSY123","avatar":"https://static.tigerbbs.com/af38fbc4f07efb7ae9b5ebd03aa4b79b","vip":1,"crmLevel":8,"crmLevelSwitch":0,"idStr":"3583665662213187","authorIdStr":"3583665662213187"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094962576","repostId":2211060669,"repostType":4,"repost":{"id":"2211060669","kind":"news","pubTimestamp":1645024997,"share":"https://ttm.financial/m/news/2211060669?lang=&edition=fundamental","pubTime":"2022-02-16 23:23","market":"us","language":"en","title":"Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2211060669","media":"Bloomberg","summary":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower reco","content":"<html><head></head><body><p>(Bloomberg) -- S&amp;P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.</p><p>S&amp;P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.</p><p>The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.</p><p>The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.</p><p>S&amp;P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.</p><p>Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&amp;P.</p><p>“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&amp;P analysts Melissa Long and Ariel Silverberg wrote.</p><p>While S&amp;P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLas Vegas Sands Cut to Junk by S&P on Slower Macau Recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-16 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P ...</p>\n\n<a href=\"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4150":"赌场与赌博","BK4561":"索罗斯持仓","LVS":"金沙集团"},"source_url":"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2211060669","content_text":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.S&P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&P.“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&P analysts Melissa Long and Ariel Silverberg wrote.While S&P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094961008,"gmtCreate":1645052947174,"gmtModify":1676533990462,"author":{"id":"3555113831623017","authorId":"3555113831623017","name":"Kwgan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3555113831623017","authorIdStr":"3555113831623017"},"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094961008","repostId":2211060669,"repostType":4,"repost":{"id":"2211060669","kind":"news","pubTimestamp":1645024997,"share":"https://ttm.financial/m/news/2211060669?lang=&edition=fundamental","pubTime":"2022-02-16 23:23","market":"us","language":"en","title":"Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2211060669","media":"Bloomberg","summary":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower reco","content":"<html><head></head><body><p>(Bloomberg) -- S&amp;P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.</p><p>S&amp;P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.</p><p>The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.</p><p>The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.</p><p>S&amp;P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.</p><p>Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&amp;P.</p><p>“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&amp;P analysts Melissa Long and Ariel Silverberg wrote.</p><p>While S&amp;P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLas Vegas Sands Cut to Junk by S&P on Slower Macau Recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-16 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P ...</p>\n\n<a href=\"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4150":"赌场与赌博","BK4561":"索罗斯持仓","LVS":"金沙集团"},"source_url":"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2211060669","content_text":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.S&P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&P.“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&P analysts Melissa Long and Ariel Silverberg wrote.While S&P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094969538,"gmtCreate":1645052841995,"gmtModify":1676533990400,"author":{"id":"3573616695330925","authorId":"3573616695330925","name":"WJ77","avatar":"https://static.tigerbbs.com/56bf6bd5b462948ac1028ecaabdba952","vip":1,"crmLevel":9,"crmLevelSwitch":1,"idStr":"3573616695330925","authorIdStr":"3573616695330925"},"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094969538","repostId":2211060669,"repostType":4,"repost":{"id":"2211060669","kind":"news","pubTimestamp":1645024997,"share":"https://ttm.financial/m/news/2211060669?lang=&edition=fundamental","pubTime":"2022-02-16 23:23","market":"us","language":"en","title":"Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2211060669","media":"Bloomberg","summary":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower reco","content":"<html><head></head><body><p>(Bloomberg) -- S&amp;P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.</p><p>S&amp;P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.</p><p>The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.</p><p>The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.</p><p>S&amp;P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.</p><p>Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&amp;P.</p><p>“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&amp;P analysts Melissa Long and Ariel Silverberg wrote.</p><p>While S&amp;P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLas Vegas Sands Cut to Junk by S&P on Slower Macau Recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-16 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P ...</p>\n\n<a href=\"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4150":"赌场与赌博","BK4561":"索罗斯持仓","LVS":"金沙集团"},"source_url":"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2211060669","content_text":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.S&P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&P.“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&P analysts Melissa Long and Ariel Silverberg wrote.While S&P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":638923155,"gmtCreate":1645052824689,"gmtModify":1676532729469,"author":{"id":"3575499385722971","authorId":"3575499385722971","name":"bobbylim","avatar":"https://static.tigerbbs.com/1d9753dcafa04623c0e98c0bcaa291ae","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575499385722971","authorIdStr":"3575499385722971"},"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/638923155","repostId":2211060669,"repostType":4,"repost":{"id":"2211060669","kind":"news","pubTimestamp":1645024997,"share":"https://ttm.financial/m/news/2211060669?lang=&edition=fundamental","pubTime":"2022-02-16 23:23","market":"us","language":"en","title":"Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2211060669","media":"Bloomberg","summary":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower reco","content":"<html><head></head><body><p>(Bloomberg) -- S&amp;P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.</p><p>S&amp;P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.</p><p>The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.</p><p>The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.</p><p>S&amp;P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.</p><p>Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&amp;P.</p><p>“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&amp;P analysts Melissa Long and Ariel Silverberg wrote.</p><p>While S&amp;P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLas Vegas Sands Cut to Junk by S&P on Slower Macau Recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-16 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P ...</p>\n\n<a href=\"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4150":"赌场与赌博","BK4561":"索罗斯持仓","LVS":"金沙集团"},"source_url":"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2211060669","content_text":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.S&P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&P.“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&P analysts Melissa Long and Ariel Silverberg wrote.While S&P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":9094960971,"gmtCreate":1645052707506,"gmtModify":1676533990351,"author":{"id":"3578804294063553","authorId":"3578804294063553","name":"Dandiman","avatar":"https://static.tigerbbs.com/b13369833904559a9ac8c5846533b95a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3578804294063553","authorIdStr":"3578804294063553"},"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094960971","repostId":2211060669,"repostType":4,"repost":{"id":"2211060669","kind":"news","pubTimestamp":1645024997,"share":"https://ttm.financial/m/news/2211060669?lang=&edition=fundamental","pubTime":"2022-02-16 23:23","market":"us","language":"en","title":"Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2211060669","media":"Bloomberg","summary":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower reco","content":"<html><head></head><body><p>(Bloomberg) -- S&amp;P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.</p><p>S&amp;P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.</p><p>The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.</p><p>The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.</p><p>S&amp;P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.</p><p>Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&amp;P.</p><p>“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&amp;P analysts Melissa Long and Ariel Silverberg wrote.</p><p>While S&amp;P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLas Vegas Sands Cut to Junk by S&P on Slower Macau Recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-16 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P ...</p>\n\n<a href=\"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4150":"赌场与赌博","BK4561":"索罗斯持仓","LVS":"金沙集团"},"source_url":"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2211060669","content_text":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.S&P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&P.“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&P analysts Melissa Long and Ariel Silverberg wrote.While S&P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094960076,"gmtCreate":1645052700993,"gmtModify":1676533990359,"author":{"id":"3586040086982725","authorId":"3586040086982725","name":"LIMKT","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3586040086982725","authorIdStr":"3586040086982725"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094960076","repostId":2211060669,"repostType":4,"repost":{"id":"2211060669","kind":"news","pubTimestamp":1645024997,"share":"https://ttm.financial/m/news/2211060669?lang=&edition=fundamental","pubTime":"2022-02-16 23:23","market":"us","language":"en","title":"Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2211060669","media":"Bloomberg","summary":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower reco","content":"<html><head></head><body><p>(Bloomberg) -- S&amp;P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.</p><p>S&amp;P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.</p><p>The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.</p><p>The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.</p><p>S&amp;P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.</p><p>Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&amp;P.</p><p>“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&amp;P analysts Melissa Long and Ariel Silverberg wrote.</p><p>While S&amp;P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLas Vegas Sands Cut to Junk by S&P on Slower Macau Recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-16 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P ...</p>\n\n<a href=\"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4150":"赌场与赌博","BK4561":"索罗斯持仓","LVS":"金沙集团"},"source_url":"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2211060669","content_text":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.S&P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&P.“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&P analysts Melissa Long and Ariel Silverberg wrote.While S&P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094987896,"gmtCreate":1645052645524,"gmtModify":1676533990335,"author":{"id":"3586040086982725","authorId":"3586040086982725","name":"LIMKT","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3586040086982725","authorIdStr":"3586040086982725"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094987896","repostId":2211060669,"repostType":4,"repost":{"id":"2211060669","kind":"news","pubTimestamp":1645024997,"share":"https://ttm.financial/m/news/2211060669?lang=&edition=fundamental","pubTime":"2022-02-16 23:23","market":"us","language":"en","title":"Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2211060669","media":"Bloomberg","summary":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower reco","content":"<html><head></head><body><p>(Bloomberg) -- S&amp;P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.</p><p>S&amp;P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.</p><p>The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.</p><p>The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.</p><p>S&amp;P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.</p><p>Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&amp;P.</p><p>“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&amp;P analysts Melissa Long and Ariel Silverberg wrote.</p><p>While S&amp;P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLas Vegas Sands Cut to Junk by S&P on Slower Macau Recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-16 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P ...</p>\n\n<a href=\"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4150":"赌场与赌博","BK4561":"索罗斯持仓","LVS":"金沙集团"},"source_url":"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2211060669","content_text":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.S&P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&P.“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&P analysts Melissa Long and Ariel Silverberg wrote.While S&P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094985471,"gmtCreate":1645052457514,"gmtModify":1676533990304,"author":{"id":"3582921356143238","authorId":"3582921356143238","name":"ChooChoo0501","avatar":"https://static.tigerbbs.com/c36a1716a1f99022fb42b957c91d37e1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582921356143238","authorIdStr":"3582921356143238"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094985471","repostId":2211060669,"repostType":4,"repost":{"id":"2211060669","kind":"news","pubTimestamp":1645024997,"share":"https://ttm.financial/m/news/2211060669?lang=&edition=fundamental","pubTime":"2022-02-16 23:23","market":"us","language":"en","title":"Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2211060669","media":"Bloomberg","summary":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower reco","content":"<html><head></head><body><p>(Bloomberg) -- S&amp;P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.</p><p>S&amp;P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.</p><p>The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.</p><p>The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.</p><p>S&amp;P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.</p><p>Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&amp;P.</p><p>“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&amp;P analysts Melissa Long and Ariel Silverberg wrote.</p><p>While S&amp;P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLas Vegas Sands Cut to Junk by S&P on Slower Macau Recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-16 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P ...</p>\n\n<a href=\"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4150":"赌场与赌博","BK4561":"索罗斯持仓","LVS":"金沙集团"},"source_url":"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2211060669","content_text":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.S&P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&P.“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&P analysts Melissa Long and Ariel Silverberg wrote.While S&P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094989883,"gmtCreate":1645051598393,"gmtModify":1676533990134,"author":{"id":"3570336970209686","authorId":"3570336970209686","name":"Fumiyo","avatar":"https://static.tigerbbs.com/b65de2d6a23385f374374d427d29dd42","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3570336970209686","authorIdStr":"3570336970209686"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094989883","repostId":2211060669,"repostType":4,"repost":{"id":"2211060669","kind":"news","pubTimestamp":1645024997,"share":"https://ttm.financial/m/news/2211060669?lang=&edition=fundamental","pubTime":"2022-02-16 23:23","market":"us","language":"en","title":"Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2211060669","media":"Bloomberg","summary":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower reco","content":"<html><head></head><body><p>(Bloomberg) -- S&amp;P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.</p><p>S&amp;P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.</p><p>The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.</p><p>The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.</p><p>S&amp;P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.</p><p>Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&amp;P.</p><p>“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&amp;P analysts Melissa Long and Ariel Silverberg wrote.</p><p>While S&amp;P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLas Vegas Sands Cut to Junk by S&P on Slower Macau Recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-16 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P ...</p>\n\n<a href=\"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4150":"赌场与赌博","BK4561":"索罗斯持仓","LVS":"金沙集团"},"source_url":"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2211060669","content_text":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.S&P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&P.“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&P analysts Melissa Long and Ariel Silverberg wrote.While S&P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094980257,"gmtCreate":1645051528695,"gmtModify":1676533990118,"author":{"id":"3575455489344050","authorId":"3575455489344050","name":"Myname","avatar":"https://static.tigerbbs.com/3fff4aa421deeb7a8d801ab27a14a82f","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3575455489344050","authorIdStr":"3575455489344050"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094980257","repostId":2211060669,"repostType":4,"repost":{"id":"2211060669","kind":"news","pubTimestamp":1645024997,"share":"https://ttm.financial/m/news/2211060669?lang=&edition=fundamental","pubTime":"2022-02-16 23:23","market":"us","language":"en","title":"Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2211060669","media":"Bloomberg","summary":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower reco","content":"<html><head></head><body><p>(Bloomberg) -- S&amp;P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.</p><p>S&amp;P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.</p><p>The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.</p><p>The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.</p><p>S&amp;P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.</p><p>Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&amp;P.</p><p>“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&amp;P analysts Melissa Long and Ariel Silverberg wrote.</p><p>While S&amp;P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLas Vegas Sands Cut to Junk by S&P on Slower Macau Recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-16 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P ...</p>\n\n<a href=\"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4150":"赌场与赌博","BK4561":"索罗斯持仓","LVS":"金沙集团"},"source_url":"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2211060669","content_text":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.S&P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&P.“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&P analysts Melissa Long and Ariel Silverberg wrote.While S&P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094980180,"gmtCreate":1645051490744,"gmtModify":1676533990101,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"htmlText":"This&nbsp;depends on China economic recovery !&nbsp;","listText":"This&nbsp;depends on China economic recovery !&nbsp;","text":"This depends on China economic recovery !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094980180","repostId":2211060669,"repostType":4,"repost":{"id":"2211060669","kind":"news","pubTimestamp":1645024997,"share":"https://ttm.financial/m/news/2211060669?lang=&edition=fundamental","pubTime":"2022-02-16 23:23","market":"us","language":"en","title":"Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2211060669","media":"Bloomberg","summary":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower reco","content":"<html><head></head><body><p>(Bloomberg) -- S&amp;P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.</p><p>S&amp;P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.</p><p>The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.</p><p>The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.</p><p>S&amp;P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.</p><p>Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&amp;P.</p><p>“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&amp;P analysts Melissa Long and Ariel Silverberg wrote.</p><p>While S&amp;P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLas Vegas Sands Cut to Junk by S&P on Slower Macau Recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-16 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P ...</p>\n\n<a href=\"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4150":"赌场与赌博","BK4561":"索罗斯持仓","LVS":"金沙集团"},"source_url":"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2211060669","content_text":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.S&P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&P.“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&P analysts Melissa Long and Ariel Silverberg wrote.While S&P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094980919,"gmtCreate":1645051472319,"gmtModify":1676533990150,"author":{"id":"4090144850821470","authorId":"4090144850821470","name":"cutepebbles","avatar":"https://static.tigerbbs.com/51b211351de037b3e40e74e63bc062c3","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"4090144850821470","authorIdStr":"4090144850821470"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094980919","repostId":2211060669,"repostType":4,"repost":{"id":"2211060669","kind":"news","pubTimestamp":1645024997,"share":"https://ttm.financial/m/news/2211060669?lang=&edition=fundamental","pubTime":"2022-02-16 23:23","market":"us","language":"en","title":"Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2211060669","media":"Bloomberg","summary":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower reco","content":"<html><head></head><body><p>(Bloomberg) -- S&amp;P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.</p><p>S&amp;P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.</p><p>The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.</p><p>The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.</p><p>S&amp;P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.</p><p>Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&amp;P.</p><p>“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&amp;P analysts Melissa Long and Ariel Silverberg wrote.</p><p>While S&amp;P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLas Vegas Sands Cut to Junk by S&P on Slower Macau Recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-16 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P ...</p>\n\n<a href=\"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4150":"赌场与赌博","BK4561":"索罗斯持仓","LVS":"金沙集团"},"source_url":"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2211060669","content_text":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.S&P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&P.“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&P analysts Melissa Long and Ariel Silverberg wrote.While S&P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094914093,"gmtCreate":1645051104713,"gmtModify":1676533990052,"author":{"id":"3571345352614779","authorId":"3571345352614779","name":"xiaobaii","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3571345352614779","authorIdStr":"3571345352614779"},"htmlText":"like &amp; comment please&nbsp;","listText":"like &amp; comment please&nbsp;","text":"like & comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094914093","repostId":2211060669,"repostType":4,"repost":{"id":"2211060669","kind":"news","pubTimestamp":1645024997,"share":"https://ttm.financial/m/news/2211060669?lang=&edition=fundamental","pubTime":"2022-02-16 23:23","market":"us","language":"en","title":"Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2211060669","media":"Bloomberg","summary":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower reco","content":"<html><head></head><body><p>(Bloomberg) -- S&amp;P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.</p><p>S&amp;P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.</p><p>The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.</p><p>The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.</p><p>S&amp;P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.</p><p>Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&amp;P.</p><p>“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&amp;P analysts Melissa Long and Ariel Silverberg wrote.</p><p>While S&amp;P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLas Vegas Sands Cut to Junk by S&P on Slower Macau Recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-16 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P ...</p>\n\n<a href=\"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4150":"赌场与赌博","BK4561":"索罗斯持仓","LVS":"金沙集团"},"source_url":"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2211060669","content_text":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.S&P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&P.“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&P analysts Melissa Long and Ariel Silverberg wrote.While S&P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094915510,"gmtCreate":1645051031980,"gmtModify":1676533990043,"author":{"id":"3586514899418238","authorId":"3586514899418238","name":"Khoo18","avatar":"https://static.tigerbbs.com/a895cde27a6f60014dacbbc8853a5e1e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586514899418238","authorIdStr":"3586514899418238"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094915510","repostId":2211060669,"repostType":4,"repost":{"id":"2211060669","kind":"news","pubTimestamp":1645024997,"share":"https://ttm.financial/m/news/2211060669?lang=&edition=fundamental","pubTime":"2022-02-16 23:23","market":"us","language":"en","title":"Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2211060669","media":"Bloomberg","summary":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower reco","content":"<html><head></head><body><p>(Bloomberg) -- S&amp;P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.</p><p>S&amp;P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.</p><p>The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.</p><p>The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.</p><p>S&amp;P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.</p><p>Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&amp;P.</p><p>“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&amp;P analysts Melissa Long and Ariel Silverberg wrote.</p><p>While S&amp;P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLas Vegas Sands Cut to Junk by S&P on Slower Macau Recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-16 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P ...</p>\n\n<a href=\"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4150":"赌场与赌博","BK4561":"索罗斯持仓","LVS":"金沙集团"},"source_url":"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2211060669","content_text":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.S&P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&P.“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&P analysts Melissa Long and Ariel Silverberg wrote.While S&P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094915866,"gmtCreate":1645051005186,"gmtModify":1676533990034,"author":{"id":"3564660171292335","authorId":"3564660171292335","name":"Jinhao94","avatar":"https://static.tigerbbs.com/acdaf2c50efc732ad49148e15b3d4a6a","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3564660171292335","authorIdStr":"3564660171292335"},"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094915866","repostId":2211060669,"repostType":4,"repost":{"id":"2211060669","kind":"news","pubTimestamp":1645024997,"share":"https://ttm.financial/m/news/2211060669?lang=&edition=fundamental","pubTime":"2022-02-16 23:23","market":"us","language":"en","title":"Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2211060669","media":"Bloomberg","summary":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower reco","content":"<html><head></head><body><p>(Bloomberg) -- S&amp;P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.</p><p>S&amp;P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.</p><p>The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.</p><p>The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.</p><p>S&amp;P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.</p><p>Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&amp;P.</p><p>“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&amp;P analysts Melissa Long and Ariel Silverberg wrote.</p><p>While S&amp;P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLas Vegas Sands Cut to Junk by S&P on Slower Macau Recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-16 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P ...</p>\n\n<a href=\"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4150":"赌场与赌博","BK4561":"索罗斯持仓","LVS":"金沙集团"},"source_url":"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2211060669","content_text":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.S&P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&P.“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&P analysts Melissa Long and Ariel Silverberg wrote.While S&P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094919095,"gmtCreate":1645049803639,"gmtModify":1676533989878,"author":{"id":"4091084014142520","authorId":"4091084014142520","name":"Linda1127","avatar":"https://community-static.tradeup.com/news/e698ee2dfbe4632bdd606a5fcfe89d5e","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":6,"crmLevelSwitch":1,"idStr":"4091084014142520","authorIdStr":"4091084014142520"},"htmlText":"Oh No","listText":"Oh No","text":"Oh No","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094919095","repostId":2211060669,"repostType":4,"repost":{"id":"2211060669","kind":"news","pubTimestamp":1645024997,"share":"https://ttm.financial/m/news/2211060669?lang=&edition=fundamental","pubTime":"2022-02-16 23:23","market":"us","language":"en","title":"Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2211060669","media":"Bloomberg","summary":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower reco","content":"<html><head></head><body><p>(Bloomberg) -- S&amp;P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.</p><p>S&amp;P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.</p><p>The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.</p><p>The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.</p><p>S&amp;P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.</p><p>Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&amp;P.</p><p>“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&amp;P analysts Melissa Long and Ariel Silverberg wrote.</p><p>While S&amp;P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLas Vegas Sands Cut to Junk by S&P on Slower Macau Recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-16 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P ...</p>\n\n<a href=\"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4150":"赌场与赌博","BK4561":"索罗斯持仓","LVS":"金沙集团"},"source_url":"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2211060669","content_text":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.S&P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&P.“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&P analysts Melissa Long and Ariel Silverberg wrote.While S&P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094937344,"gmtCreate":1645049490913,"gmtModify":1676533989826,"author":{"id":"4087173082353320","authorId":"4087173082353320","name":"YMF808","avatar":"https://static.tigerbbs.com/4baafafa8982b2c0a7b4c828a5e3cbfb","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087173082353320","authorIdStr":"4087173082353320"},"htmlText":"Bad","listText":"Bad","text":"Bad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094937344","repostId":2211060669,"repostType":4,"repost":{"id":"2211060669","kind":"news","pubTimestamp":1645024997,"share":"https://ttm.financial/m/news/2211060669?lang=&edition=fundamental","pubTime":"2022-02-16 23:23","market":"us","language":"en","title":"Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2211060669","media":"Bloomberg","summary":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower reco","content":"<html><head></head><body><p>(Bloomberg) -- S&amp;P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.</p><p>S&amp;P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.</p><p>The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.</p><p>The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.</p><p>S&amp;P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.</p><p>Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&amp;P.</p><p>“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&amp;P analysts Melissa Long and Ariel Silverberg wrote.</p><p>While S&amp;P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Las Vegas Sands Cut to Junk by S&P on Slower Macau Recovery</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLas Vegas Sands Cut to Junk by S&P on Slower Macau Recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-16 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P ...</p>\n\n<a href=\"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4150":"赌场与赌博","BK4561":"索罗斯持仓","LVS":"金沙集团"},"source_url":"https://finance.yahoo.com/news/las-vegas-sands-cut-junk-142317121.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2211060669","content_text":"(Bloomberg) -- S&P Global Ratings has downgraded Las Vegas Sands Corp. to junk, citing a slower recovery in the Macau gaming sector due to omicron cases, according to a report Wednesday morning.S&P now rates the company BB+, one step below investment grade. The gaming company is still rated investment-grade by Moody’s Investors Service and Fitch Ratings. One of those would need to downgrade the company for Las Vegas Sands to fall out of investment-grade bond indexes that are widely tracked by large mutual funds and exchange-traded funds.The gaming industry has struggled to recover from the Covid-19 pandemic as omicron cases spiked across the world in recent months, causing another round of shut-downs and restrictions on international travel which are just now beginning to lift. Las Vegas Sands owns and operates casino resorts in Macau and Singapore, and reported total debt of $14.8 billion through Dec. 31, according to a filing.The stock fell 1.8% to $46.92 at 10 a.m. New York time. The company’s 3.9% notes due 2029 fell one point to trade at about 97 cents on the dollar, according to Trace bond pricing data.S&P expects the company to see significant stress on revenue and cash flow and placed the outlook on negative in preparation for potential future downgrades. The ratings company forecasts that the Macau market will see gross gaming revenues in 2022 at levels just 30% to 40% of the amount seen in 2019.Las Vegas Sands’ financial situation will be helped by its ongoing sale of properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion, which was announced in March of 2021. The Nevada Gaming Control Board recently recommended approval of the sale and is expected to consider final approval at its Feb. 17 meeting, according to S&P.“We believe that the resumption of travel between Macau and Mainland China in 2022 will be slower than we initially anticipated amid rising Omicron cases and tightening junket activity,” S&P analysts Melissa Long and Ariel Silverberg wrote.While S&P said it believes the mass gaming segment will recover in the long-term thanks to China’s growing middle class, “the predictability of the recovery timeline is less certain because it’s difficult to assess if China will maintain its policies for zero tolerance of COVID-19 throughout the pandemic’s third year,” they wrote.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":530,"commentSize":33,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}