Is LVS Stock A Gamble?

SectorFinancial Markets
CountryMiddle east

A hotel employee stands next to a logo of Sands casino before a press conference in Macau on ... [+] September 20, 2012. Las Vegas casino boss Sheldon Adelson unveiled plans to build a scaled down replica of the Eiffel Tower as part of a new 3 billion USD gambling resort in Macau. AFP PHOTO / Philippe Lopez (Photo credit should read PHILIPPE LOPEZ/AFP/GettyImages) AFP via Getty Images The shares of Las Vegas Sands (NYSE: LVS) have declined by 35% since the beginning of the year as the travel and tourism industry came to a grinding halt due to the pandemic. The current recessionary environment has affected the company’s ability to generate revenues, limit losses, and pay dividends. While the slump in travel demand more...