Las Vegas Sands stock has risen about 28% over the past year, outperforming many gambling stocks. Despite its name, the company does not operate in Las Vegas, which has seen a decline in tourism. Instead, its properties in Macau and Singapore are thriving, with record visitor numbers and revenue. Las Vegas Sands has strong financials, with plans for significant expansion in Singapore and Macau. The stock price has dipped recently, presenting a potential buying opportunity. CEO Robert Goldstein sold off some stock, but this may be due to retirement plans. Overall, Las Vegas Sands looks like a solid investment choice.
Read more at Yahoo Finance: 3 Surprising Reasons To Bet Big On This 1 Gambling Stock
