Breakingviews - It’s time for Sheldon Adelson to leave Las Vegas

The Sands Expo and The Palazzo resort are shown in Las Vegas, Nevada, U.S., August 25, 2016. Picture taken August 25, 2016. To match special report USA-VEGAS/SHELL REUTERS/David Becker TPX IMAGES OF THE DAY - D1BEUEGOYQAB

Asia already accounted for some 90% of Sands’ $5.4 billion adjusted property EBITDA last year, before the pandemic struck, according to its latest annual results. Growth prospects look rosier there, thanks in part to middle-class Chinese punters, barred from playing at home, who are travelling as far as Australia to gamble. In the United States, gamblers are spoiled for choice, which makes growth a challenge.

But there are other hedges besides Vegas. Singapore, for example, is a gateway to Southeast Asia, offering a route to diversifying the customer base. The Marina Bay resort was the only Sands property to turn a profit in the first nine months of 2020. Sands already plans to invest another $3.3 billion in its resorts there. There are also potential opportunities in countries like Japan and Vietnam.

Breakingviews KatrinaHamlin who is bobulinsky

Given his massive donations to Trump and the GOP machine, it would be a great benefit to all Americans if he moved himself and his businesses to China. We need real not fake patriots to create businesses in the US.

He helped destroy the USA so yeah... The big money is in China now.

Can he leave the US?

It would be cool if he left earth

Wtf is up with his red hair dye job?

I thought he died

dudes like 104 its time for him to leave this mortal coil

It would be cool if he would leave politics, too.

Breakingviews KatrinaHamlin part of the trump trillion dollar give away...lot of cash to the very very rich.

Breakingviews KatrinaHamlin 🤔🤔🤔🤔 I wonder which country(s)in Asia would be ripe for a multi billion dollar investment in a sparkling new casino. Possibly a country where, currently, casinos are not legally permitted?🤭

Breakingviews KatrinaHamlin Is it possible that a major scandal in a presidential race is happening and Reuters didn’t notice it? Or are they getting payola from the Democrats and their “little helpers” in Russia and China. Just an extra little bonus in their Christmas paycheck.

Breakingviews KatrinaHamlin Sell USA to buy ...Asia 🤔🤔🤔🤔🤔 Oooops

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