The gaming industry has had a resurgence in the last two years as Macau's gaming market has recovered and Las Vegas continues its slow and steady growth rate. That's been a broad benefit to Las Vegas Sands Corp. (NYSE: LVS), the biggest gaming company in the world.
But the gaming industry is also getting more competitive as companies like Wynn Resorts (NASDAQ: WYNN) and MGM Resorts (NYSE: MGM) expand in the U.S. and abroad. And that competition may make Las Vegas Sands less attractive to investors long-term.
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Source: Fool.com