Las Vegas Sands’ Asian Bet Facing Economic and Political Risks: Expert

Las Vegas Sands’ Asian Bet Facing Economic and Political Risks: Expert
An exterior view shows The Venetian Las Vegas, one of the properties owned by Las Vegas Sands Corp., in Las Vegas, Nev., on Jan.12, 2021. Ethan Miller/Getty Images
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As Las Vegas Sands Corp. eyes Macau and Singapore for future growth, an expert warned that this move will likely be entangled with economic and political risks.

The upscale resort and casino company announced on March 3 that it has reached an agreement to sell its Las Vegas real property and operations, including The Venetian Resort Las Vegas and the Sands Expo and Convention Center, for an aggregate sale price of approximately $6.25 billion. Meanwhile, the company plans to continue its business in Asia.