Wednesday, September 21, 2005

U.S, casinos, stymied at home, eye Asia for growth

"U.S. casino operators, faced with little appetite for commercial casinos in states outside of Nevada, New Jersey and Mississippi, are looking to Asia for their biggest growth opportunities."

[Reuters]

Las Vegas Sands stock has taken a beating since going public recently. Stock is currently trading down 6% at 31.75 way below 100 moving day average.

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