Corruption Violations Not a Reason to Sell Las Vegas Sands

Las Vegas Sands admitted that it likely violated the Foreign Corrupt Practices Act, but that's not a reason to sell the stock.

Travis Hoium
Travis Hoium
Mar 5, 2013 at 11:54AM
Consumer Goods

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.