New York, February 3, 2026, 07:20 EST — Premarket
- Las Vegas Sands held steady in premarket, following a 5.5% jump the day before
- Macau’s casino revenue in January climbed 24%, offering a crucial early indicator of 2026 demand
- Coming up: Feb. 9 ex-dividend date, holiday travel figures, and early March revenue reports
Shares of Las Vegas Sands Corp held steady in Tuesday’s premarket, at $55.64, following a 5.5% gain in the previous session. (Investing)
The company’s fate is tied to Asia, where it runs major resorts in Macau and Singapore. Macau’s monthly casino revenue stands as one of the fastest indicators of demand for investors.
This is crucial now as the stock has bounced back and forth since late January, leaving traders hunting for clearer signals on travel and spending through the Lunar New Year period. Plus, a dividend date coming up next week gives some investors extra incentive to avoid being short.
Macau’s casino sector pulled in 22.63 billion patacas ($2.79 billion) in gross gaming revenue (GGR) for January, marking a 24% jump from the same month last year, according to iGaming Business. The Gaming Inspection and Coordination Bureau said this figure also climbed 8.35% from December, surpassing forecasts. Seaport Research Partners analyst Vitaly Umansky had expected a 14% rise, noting the boost came “helped by an easy comparison.” (iGB)
The travel scene is already buzzing. Reuters says China’s Spring Festival travel rush kicked off early, ahead of the nine-day holiday from Feb. 15 to Feb. 23. The Year of the Horse starts on Feb. 17. (Reuters)
Sands has returned to paying cash dividends. It will go ex-dividend on Feb. 9, with a quarterly payout of 30 cents per share set for Feb. 18, according to its investor site. (Las Vegas Sands Investor Relations)
Regarding buybacks, Sands shelled out $500 million in Q4 2025 and matched that with another $500 million in Q3, reflecting a clear uptick in capital returns. (Las Vegas Sands Investor Relations)
A filing late Monday revealed some insider activity. CEO Robert Goldstein reported restricted stock units vesting into 73,415 shares on Jan. 29, followed by 57,273 shares on Jan. 30, according to a Form 4 submitted to the U.S. Securities and Exchange Commission. The shares carried a $0 price tag, indicating these were awards converting into common stock rather than purchases on the open market. (Securities and Exchange Commission)
When revenue numbers come out, Macau-linked casino stocks usually move together. Investors often pit Wynn Resorts against Melco Resorts & Entertainment to gauge their relative exposure.
But a strong month can vanish quickly. February’s revenue often shifts depending on when the holiday falls, and if signs emerge that heavier promotions are necessary to fill tables, margins will come under pressure again.
For LVS, the key dates ahead include the Feb. 9 ex-dividend cutoff and early indicators of holiday foot traffic. Macau’s gaming bureau plans to release its next revenue figures between March 1 and 3. (Gov)
