Las Vegas Sands Keeps Hitting The Jackpot In Asia

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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
Posted In: Trading IdeasCasinos & GamingConsumer Discretionary
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