Will Las Vegas Sands Stock Climb The Ladder Again?

Will Las Vegas Sands Stock Climb The Ladder Again?

UKRAINE - 2021/06/27: In this photo illustration, a Las Vegas Sands Corporation logo seen displayed ... [+] on a smartphone. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)

SOPA Images/LightRocket via Getty Images

The shares of Las Vegas Sands (NYSE: LVS) and Penn National Gaming (NASDAQ: PENN) have observed a deep contraction after observing a strong rally in Q1 2021. Anticipation of increased regulatory oversight in Macau was the key cause of pessimism in Las Vegas Sands stock, but geopolitical tensions, skyrocketing inflation, and China’s adherence to a stringent pandemic response is adding to the fire. For Penn, high competitive rivalry in the U.S. sports betting and iGaming market is favoring bears. Barring the current volatile environment, Las Vegas Sands has a stronger balance sheet, better profitability metrics, and a leadership position in Macau’s mass gaming market. On the contrary, Penn’s sports betting application Barstool is also gaining popularity in the U.S. Given the low intensity of competitive rivalry faced by Las Vegas Sands, Trefis believes that it is a better pick to realize long-term gains. We compare a slew of factors such as historical revenue growth, returns, and valuation multiple in an