Several of Nevada’s largest publicly traded gaming companies are planning to invest billions of dollars into casino and resort developments throughout the U.S. and internationally.
But Las Vegas, for now, is an afterthought.
Wells Fargo Financial gaming analyst Daniel Politzer told investors in a research note earlier this month that projects developed by the Las Vegas Sands, Wynn Resorts and MGM Resorts International could be the most lucrative of the proposals. But some might not make it past the planning stages.
He said Las Vegas Sands, which no longer has gaming properties in the U.S. after the sale of its Strip resorts for $6.25 billion 16 months ago, will spend more than $13 billion to expand and upgrade its Macau and Singapore resorts and is seeking to build a hotel-casino project on Long Island, New York.
