On Friday, Shares of Las Vegas Sands Corp. (NYSE:LVS), gained 0.02% to $55, as some stocks within the casino sector jump recently.
One factor driving casinos higher is Credit Suisse’s belief that the Macau gaming hub in China is starting to show some improvements, Barron’s reports.
For the month of May Macau posted a 37% decline in gaming revenue. The gambling district is still struggling one year after the Chinese government’s anticorruption crackdown began, which resulted in VIP players avoiding the tables.
However, Credit Suisse conducted a detailed review of Macau’s May revenue data and noticed “some green shoots,” Barron’s added.
Las Vegas Sands Corp. develops, owns, and operates integrated resorts in Asia and the United States. The company owns and operates The Venetian Macao Resort Hotel, Sands Cotai Central, the Four Seasons Hotel Macao, the Plaza Casino, and the Sands Macao in Macau, the Peoples Republic of China.
Shares of Dish Network Corp. (NASDAQ:DISH), inclined 1.70% to $75.51, during its last trading session.
Sling TV L.L.C., a partner of DISH Network Corporation (DISH), provides over-the-top television services counting domestic, Latino and International live and Video-On-Demand programming.
Sling TV is launching the “Sling Latino” brand, a live and on demand, over-the-top streaming service, giving Spanish-speaking and bilingual viewers more choice in TV content. Starting recently, viewers can select from two base packages, “Paquete Total” (22 channels for $12 per month) or “Paquete Esencial” (16 channels for $7 per month), each with live and on-demand content ranging from sports and general entertainment to movies and family programming.
In addition to “Paquete Total” and “Paquete Esencial,” Sling Latino is launching with two packages featuring popular channels from Colombia and Spain (España). The variety offered by Sling Latino enables viewers to custom tailor their programming, counting the flexibility to combine Spanish-language services with Sling TV’s “Best of Live TV” English offering into one user experience.
DISH Network Corporation, through its auxiliaries, provides pay TV services in the United States. The company operates through two segments, DISH and Wireless. The company provides video services under the DISH brand.
At the end of Friday’s trade, Shares of Crown Castle International Corp. (NYSE:CCI), lost -1.06% to $82.78.
Crown Castle International Corp., declared that its Board of Directors has designated Anthony Melone as a director. With the appointment of Mr. Melone, Crown Castle has twelve directors on its Board of Directors, of which ten are independent directors following the New York Stock Exchange listing standards.
Mr. Melone has over 32 years of experience in the telecommunications industry, counting formerly serving as Executive Vice President and Chief Technology Officer for Verizon Communications, where Mr. Melone was responsible for Verizon’s technology roadmap and product innovation. Preceding to his role at Verizon Communications, Mr. Melone served as Senior Vice President and Chief Technical Officer for Verizon Wireless, where he led Verizon’s network transition from 3G to 4G LTE services. Mr. Melone graduated from Villanova University with a bachelor’s degree in electrical engineering and later earned a master’s degree in engineering from the University of Pennsylvania.
Crown Castle International Corp., together with its auxiliaries, owns, operates, and leases shared wireless infrastructure in the United States and Australia. The company provides towers and other structures, such as rooftops; and distributed antenna systems, a type of small cell network (small cells).
Finally, Legg Mason Inc. (NYSE:LM), ended its last trade with 1.02% surge, and closed at $54.37.
Legg Mason, declared that Joseph A. Sullivan, Chairman & CEO is planned to speak at the Morgan Stanley Financials Conference taking place at the Waldorf Astoria in New York on Tuesday, June 9th at about 10:55 AM EDT.
Legg Mason, Inc. is a publicly owned asset administration holding company. The firm provides investment administration and related services to institutional and individual clients, company-sponsored mutual funds and other pooled investment vehicles through its wholly owned auxiliaries. Legg Mason, Inc. was founded in 1899 and is based in Baltimore, Maryland.
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