Singapore casino is 2nd biggest value driver for Las Vegas Sands, 3 Apr 2013
The Singapore casino gaming market constitutes a little over 20% to Las Vegas Sands’ value making it the second biggest value driver for the company according to our estimates. The highest contribution comes from Macau while Las Vegas strip holds little value for the casino gaming giant.
This is surprising for a U.S. based company, but Las Vegas Sands was quick to realize the slowing domestic growth and made investments in these foreign markets relatively early and is now reaping the benefits it. Full story