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'NBA Cares x Sands Cares Community Impact Week' a Success
Prnewswire· 2025-10-14 09:51
Core Viewpoint - The "NBA Cares x Sands Cares Community Impact Week" successfully engaged over 2,200 volunteers and community members in Macao, promoting compassion and community spirit through basketball-related activities during The NBA China Games 2025 [1][4][6]. Group 1: Community Engagement Activities - The initiative included a youth basketball exchange at Lou Hau High School, where NBA Legend Mitch Richmond and coaches mentored 200 students, along with donations of basketballs and training equipment [8]. - An official tip-off event featured participation from NBA officials and players, who led a basketball clinic for over 60 local students and packed goodie bags for community distribution [9]. - A boxed lunch distribution on October 10 provided meals and health kits to 200 local residents in need, showcasing the initiative's commitment to supporting the underprivileged [10]. Group 2: Key Participants and Contributions - NBA Legends such as Yao Ming, Tim Hardaway, and Shawn Marion participated in various events, enhancing the community's engagement and support [4][11]. - Sands China executives, including Patrick Dumont and Dr. Wilfred Wong, emphasized the company's long-standing commitment to community service and the positive impact of sports-driven philanthropy [5][6]. - Over 300 volunteers, including Sands Cares Ambassadors, contributed to the success of the week, with each receiving a certificate of appreciation for their efforts [14]. Group 3: Future Commitment - Sands China plans to continue its community initiatives, leveraging its resources to support local social service organizations and enhance community welfare [7][16]. - The Sands Cares Ambassador Programme, established in 2009, aims to encourage more volunteerism within the Macao community [15]. Group 4: Corporate Background - Sands China Ltd. is the largest operator of integrated resorts in Macao, contributing to the region's tourism and leisure transformation [17]. - The company integrates its philanthropic efforts through the Sands Cares program, focusing on community engagement and support [19].
Unveiling Las Vegas Sands (LVS) Q1 Outlook: Wall Street Estimates for Key Metrics
ZACKS· 2025-04-21 14:21
Core Insights - Analysts expect Las Vegas Sands (LVS) to report quarterly earnings of $0.60 per share, reflecting a year-over-year decline of 20% [1] - Revenue projections stand at $2.93 billion, indicating a slight decrease of 0.9% from the same quarter last year [1] - The consensus EPS estimate has been adjusted upward by 2.4% over the past 30 days, suggesting a reassessment of initial projections by analysts [1][2] Revenue Estimates - 'Net Revenues- The Londoner Macao' is estimated at $558.90 million, a decrease of 0.6% from the prior year [4] - 'Net Revenues- The Plaza Macao and Four Seasons Macao' is projected at $223.05 million, showing a significant increase of 57.1% year-over-year [4] - 'Net Revenues- Sands Macao' is forecasted to reach $83.66 million, reflecting a year-over-year increase of 10.1% [4] - 'Net Revenues- The Venetian Macao' is estimated at $688.20 million, indicating a decline of 10.7% from the previous year [5] Key Metrics - The occupancy rate for 'The Parisian Macao' is expected to be 94.2%, down from 95.4% a year ago [5] - The average daily room rate for 'The Londoner Macao' is projected at $236.08, up from $188 in the same quarter last year [6] - 'Non-Rolling Chip drop - The Londoner Macao' is estimated at $1.84 billion, compared to $1.92 billion in the same quarter last year [6] - 'Non-Rolling Chip win percentage - The Londoner Macao' is expected to be 22.3%, an increase from 21.1% in the previous year [7] - 'Rolling Chip volume - The Londoner Macao' is projected at $2.15 billion, compared to $1.88 billion in the same quarter last year [7] - 'Rolling Chip win percentage - The Londoner Macao' is expected to be 3.7%, slightly down from 3.8% a year ago [8] - 'Slot handle - The Londoner Macao' is projected at $1.47 billion, down from $1.62 billion in the same quarter last year [8] - 'Slot hold percentage - The Londoner Macao' is expected to be 4.1%, up from 4% in the previous year [9] Stock Performance - Shares of Las Vegas Sands have decreased by 21.9% over the past month, contrasting with a 5.6% decline in the Zacks S&P 500 composite [11] - LVS holds a Zacks Rank 3 (Hold), indicating expectations to mirror overall market performance in the near future [11]