This Year's Losing Bet On Casino Stocks: Caesars, Las Vegas Sands And MGM - News Summed Up

This Year's Losing Bet On Casino Stocks: Caesars, Las Vegas Sands And MGM


Long-term debt exceeds shareholder equity by 6 times which might be one of the reasons for the rather steep short float of 16%. Las Vegas Sands is the casino company run by Donald Trump's good friend, the billionaire Sheldon Adelson. Long-term debt slightly exceeds shareholder equity, but nothing like Caesars. Long-term debt exceeds shareholder equity by more than 2 times. The 5-year earnings record, though, is positive.


Source: Forbes December 26, 2018 19:15 UTC



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