Late last week Las Vegas Sands admitted that it likely violated the Foreign Corrupt Practices Act, although it was mum on what the exact violations are. But is this a reason to sell the stock when Macau's gaming numbers are only getting better? Alison Southwick sat down with analyst Travis Hoium to get the answers.
For many companies, successfully capitalizing on a booming Chinese economy is like winning the jackpot. That's indeed the case for gaming company Las Vegas Sands, which made a big bet on Macau gaming about a decade ago that's paid off in spades. The company is now looking to spread its empire further, but will it be able to replicate its prior successes? Learn about all these opportunities, and the risks they pose, in our new premium report on Las Vegas Sands. We're providing a full year of analyst updates to go with it, so make sure to claim your copy today by clicking here.
The article Corruption Violations Not a Reason to Sell Las Vegas Sands originally appeared on Fool.com.
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