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Why Singapore Is the Secret Sauce for this Sin City Casino Stock

The Motley Fool Logo The Motley Fool By Todd Shriber
Why Singapore Is the Secret Sauce for this Sin City Casino Stock

Las Vegas Sands, a major casino operator, derives significant value from its Marina Bay Sands property in Singapore, which is considered one of the world's most profitable casinos. Despite primarily being viewed as a Macao-focused company, its Singapore asset is potentially undervalued by investors.

Insights
JPMpD   positive

Included in the recommended fund's portfolio as a top performer


LVS   positive

The article highlights strong financial performance of Marina Bay Sands, with potential annual EBITDA of $2.7-$2.9 billion, and suggests the stock is undervalued given the Singapore property's worth