Today, Austin discusses three reasons to consider selling Las Vegas Sands (NYSE:LVS). The company's exposure to foreign markets is a bit of a double-edged sword, with both huge promise and risks. China continues to slow, Singapore will soon crack down on gambling anew, and allegations of bribery plague the company's foreign operations as well. The company is positioned to placed an enormous bet on Europe, with Adelson's much-discussed EuroVegas, which could obviously go very wrong in the near future. Las Vegas Sands faces an uphill battle with new casino placements as well. After exhausting the high-growth markets, the company will see diminishing returns from additional locations. Still, Austin thinks that it is a dominant player within the industry and remains bullish on the stock overall.
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