International edition
September 23, 2020

It’s the second year in a row that investors chose Sands as top pick

Las Vegas Sands best 2011 casino stock

(US).- Las Vegas Sands’ shares will be the biggest winner among gaming companies next year, according to the readers of TheStreet. Over half (50.8 %) of all voters believe Sheldon Adelson’s company – which indirectly runs Sands, Venetian and Plaza casinos in Macau – will outperform its casino sector rivals.

M

elco Crown Entertainment, which operates Altira casino and City of Dreams resort, came a distant second, with only 21.9 % of the votes.

Two other operators also present in the Macau market take the third and fourth place: MGM Resorts (17.9 %) and Wynn Resorts (6.9 %).

It’s the second year in a row that investors chose Sands as top pick.

In 2010, the prediction was spot on, as the company’s shares more than tripled in value, from us$ 14.87 to us$ 45.38 in the last 12 months.

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