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Corruption Violations Not a Reason to Sell Las Vegas Sands

Late last week Las Vegas Sands (NYSE: LVS  ) 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.

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  • Report this Comment On March 06, 2013, at 12:34 PM, yrag01 wrote:

    Gambling billionaire Sheldon Adelson ALONE donated/bribed the GOP to the tune of $100 MILLION dollars—and that's just for this election!!!

    COME ON, WAKE UP—when individuals or corporations spend MILLIONS on a candidate, you better believe they EXPECT SOMETHING IN RETURN—AND A BIG SOMETHING IN RETURN. That's called CORRUPTION folks—Pay To Play—Payola.

    UGH—all this manic, negative and ugly politicking has been both sickening and wearying—an TOTAL MISUSE of EVERYONE'S TIME, EFFORT AND MONEY!!!

    The ENTIRE campaign period should be 3 months--TOPS.

    It's estimated that 6 BILLION DOLLARS total was spent on the 2012 Elections! THAT IS INSANE—and Far from what our Founding Fathers intended!

    Money in politics is the great corrupter of liberty—as Newt Gingrich discovered in Florida, where Mitt Romney's SuperPAC allies outspent, thus 'out-spoke' Newt—13,000 radio and TV ads to 200! I don't even like Gingrich, but HOW is that a fair race? Santorum has also been outspent 10 to 1 again and again by Romney's money machine and their deeply negative ads against both Santorum and Gingrich—tell a lie often enough and it sounds like the truth. THIS BIG MONEY POLITICS IS A PERVERSION OF DEMOCRACY.

    Also, I believe it would be better to limit the time that campaigns are conducted, maybe 90 days, and get rid of this WASTEFUL and UTTERLY OBSCENE, year round political orgy of attacks and spending we endure now.

    This is a Two Party Con Game. Anyone who blames any one politician of just one Party for the gouging of the American people is a fool or a hypocrite—OUR POLITICAL SYSTEM IS NOW ROTTEN TO THE CORE—MORE MONEY IN POLITICS, MEANS MORE MONEY IN POLITICIAN'S POCKETS, AND LESS THAN OURS—IT'S THAT BRUTALLY SIMPLE.

    In 2010 , the activist Supreme Court in real terms legalized BRIBERY—thus we in America no longer live in a Democracy but in a Plutocracy (rule by those with the most money). Partisans will only wake up and realize that, when the moneyed interests don't bribe in the direction they want the country to go in.

    "We need a level playing field and we need to go back to the realization that Teddy Roosevelt had: that we have to have a limit on the flow of money and that corporations are not people," McCain said in an interview with PBS' NewsHour." McCain is right!

    Transparency International has said: "The United States has dropped out of the "top 20" in a global league table of least corrupt nations, tarnished by financial scandals and the influence of money in politics"

    The influence of money in politics was acerbated by the activist majority on the Supreme Court going AGAINST decades of legal precedence by deciding corporations were the same as people, and contribute/brib unlimited funds to political campaigns with vastly limited rules of disclosure.

    So sure, MORE MONEY—MORE MONEY—MORE MONEY— and watch us drop even further, not only in the Global Corruption Index but in Big Moneyed Interests being able to BUY their 'justice' over rivals, single citizens and even the American people!

    We have entered the realm of Third World Bully 'Justice' people, where the United States ceases to be a Democracy and becomes a TOTAL Plutocracy.

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9/23/2016 4:01 PM
LVS $57.38 Up +0.21 +0.37%
Las Vegas Sands CAPS Rating: ****