Solid Macao Business Aids Las Vegas Sands (LVS), High Debt Ails
LVSC(LVS) ZACKS·2024-08-15 22:26
Las Vegas Sands Corp. (LVS) is poised to benefit from growth in Macao and Singapore, driven by investments focused on enhancing the business and delivering top-tier customer experiences. Travel recovery and improving tourism spending are encouraging for prospects in Macao.LVS’ ongoing commitment to long-term investments in Macao and the renovation and refurbishment program of Marina Bay Sands bode well for its prospects. However, high debt and stiff competition are a concern.Factors Driving GrowthLVS genera ...