Comment on Las Vegas Sands Corp. Is Losing Its Hold on Macau's Gaming Market

Las Vegas Sands Corp. Is Losing Its Hold on Macau's Gaming Market

Competition is starting to eat into Las Vegas Sands Corp.'s (NYSE: LVS) dominant position in Macau. The company built three massive resorts on the territory's Cotai Strip before most other developers got there, and it had been capitalizing on its early-mover advantage. But in the last few years, Melco Resorts (NASDAQ: MLCO) and Wynn Resorts (NASDAQ: WYNN) have built new resorts there too, and Galaxy  expanded its presence.

 

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