New York, February 3, 2026, 07:20 EST — Premarket
- After climbing 5.5% yesterday, Las Vegas Sands remained flat in premarket trading
- January’s casino revenue in Macau jumped 24%, providing an early sign of demand for 2026
- Next on the calendar: Feb. 9 ex-dividend date, holiday travel stats, plus early March revenue reports
Shares of Las Vegas Sands Corp were unchanged in Tuesday’s premarket, sitting at $55.64 after jumping 5.5% the day before. (Investing)
The company’s future hinges on Asia, with key resorts in Macau and Singapore under its belt. Macau’s monthly casino revenue remains one of the quickest gauges of investor demand.
The stock has been swinging since late January, making it tough for traders to find solid clues on travel and spending during the Lunar New Year. On top of that, a dividend date next week is giving some investors another reason to steer clear of short positions.
Macau’s casino industry generated 22.63 billion patacas ($2.79 billion) in gross gaming revenue (GGR) in January, up 24% from the same month last year, iGaming Business reports. The Gaming Inspection and Coordination Bureau added that this total rose 8.35% from December, beating expectations. Vitaly Umansky, an analyst at Seaport Research Partners, had anticipated a 14% increase, attributing the stronger gain to “an easy comparison.” (iGB)
The travel frenzy is underway. Reuters reports China’s Spring Festival travel rush began earlier than usual, ahead of the nine-day holiday running from Feb. 15 to Feb. 23. The Year of the Horse officially kicks off on Feb. 17. (Reuters)
Sands is back to handing out cash dividends. The stock goes ex-dividend on Feb. 9, with a 30-cent quarterly payment scheduled for Feb. 18, per its investor site. (Las Vegas Sands Investor Relations)
On buybacks, Sands spent $500 million in Q4 2025 and followed that with an equal $500 million in Q3, marking a noticeable jump in capital returns. (Las Vegas Sands Investor Relations)
A filing late Monday revealed some insider moves. CEO Robert Goldstein saw restricted stock units vest into 73,415 shares on Jan. 29, then another 57,273 shares on Jan. 30, according to a Form 4 filed with the U.S. Securities and Exchange Commission. The shares were priced at $0, signaling these were awards converting into common stock—not open market buys. (Securities and Exchange Commission)
Macau-linked casino stocks typically move in sync when revenue figures drop. Investors frequently compare Wynn Resorts with Melco Resorts & Entertainment to assess their relative exposure.
February’s revenue can flip fast. It often depends on the timing of the holiday, and if restaurants need to rely more on discounts to draw crowds, margins will tighten once again.
For LVS, watch for the Feb. 9 ex-dividend date and initial signals on holiday foot traffic. Macau’s gaming bureau is set to publish its next revenue report between March 1 and 3. (Gov)
