From the Barron's article........
"Nomura’s Harry Curtis, meanwhile, noted that U.S. gambling companies do a good job of investigating junket operators, due to the “value of their concessions and U.S. licenses.”
That means IF LVS HIRES A JUNKET OPERATOR ENGAGED IN ILLEGAL ACTIVITIES LVS IS PUTTING THEIR OWN GAMING LICENSE ON THE LINE.
The small amount of stuff like money laundering that goes on happens in the second and third tier casinos, not the ones operated by US companies.
You mean a junket like AERL? I've been making that point for over a year.
and it was driven home via the forced sale of their share of Borgota in Atlantic City.
Sentiment: Strong Buy