Las Vegas Sands’ Winning Bet Comes From Doubling Down In Macau

A little less than 60% of Las Vegas Sands’ value comes from its operations in Macau, which has a gaming market almost five times the size of Las Vegas and is still growing. The U.S. gaming and casino companies are looking to accelerate their expansion in this region as the Las Vegas strip becomes saturated. Compared to its peers, Las Vegas Sands is doing better in Macau which is evident from its results and the growing contribution of Macau in the company’s overall profits.