What's Driving Las Vegas Sands' Growth?

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Oct. 17 (Bloomberg) -- Bloomberg's Brian Miller previews Las Vegas Sands' earnings report. He speaks on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)

Sands, trading close to $70. the company will report a 28% surge in third-quarter earnings after the close today.

Las vegas sands has seen some explosive growth here.

Estimates for our four -- estimates are for continued explosive growth.

When you break the company down, it counts of about two thirds revenue.

What about the lack of diversification?

If something happens in the u.s., it will not move the needle that much.

The u.s. is only about 15% of the overall company.

You are looking at china specific.

The highly competitive area, there are new stores that will open between 2015 and 2017. will we see margin pressure?

It is possible.

A status and has two things going for them.

They see hotel rooms as the driver of the mass-market, the high-and the ip, and the mass- market.

The hymen -- the mass-market is where the growth is.

The other thing, they are going to be the first to open a new resort, and they have the biggest market share.

If you are looking at room rates being the driver for growth, i know it is only 15% for revenue.

What will be the big catalyst in the u.s. ? any kind of consumer discretionary stuff is going to get hurt for that reason.

When you are looking at room rates, when you could increase them, that goes to the bottom line.

I don't think they will ever get room rates back to where it was in 2006, 2007, but any growth is good there for their u.s. numbers.

What does the gridlock in d.c. wind up doing for stocks like this?

There are two things going on.

In the u.s., any kind of unemployment or decrease in consumer confidence will hurt business.

The next time we go through this, what happens to china?

If we ever do something that has ramifications for china, that will hurt us.

And they have been warning

This text has been automatically generated. It may not be 100% accurate.


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