Las Vegas Sands to pay $47M to settle money-laundering probe, WSJ says Las Vegas Sands has reached an agreement with the Department of Justice to resolve a money-laundering investigation, with the company paying more than $47M and avoiding criminal prosecution as part of the deal, reports The Wall Street Journal. Reference Link
News For LVS From The Last 14 Days
Check below for free stories on LVS the last two weeks.
BofA/Merrill lowers Macau forecasts BofA/Merrill lowered its 2014 Macau gross gaming revenue forecast to +5% year-over-year from +12% due to a slowdown in July mass trends. As a result, the firm lowered Las Vegas Sands' (LVS) price target to $88 from $95 and Wynn Resorts' (WYNN) to $260 from $270.