Las Vegas Sands Keeps Hitting The Jackpot In Asia

A few years ago, casino operator Las Vegas Sands wagered a good part of its future on the Asian gaming market. Today that strategy looks like a winning hand. Las Vegas Sands (LVS) owns and operates casinos in Las Vegas, Pennsylvania, Macau and Singapore. A prolonged slump in the U.S. gaming market, mainly due to a recession-induced drop in consumer leisure spending, hit Sands' bottom line hard from 2007 to 2009. But the company has come roaring
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Trading IdeasCasinos & GamingConsumer Discretionary
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!