TumblingBones
TumblingBones
Joined: Dec 25, 2016
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April 7th, 2018 at 1:32:28 PM permalink
An interesting article "China Has the Cards to Call Trump's Bluff" includes the observation that:

Quote:

Las Vegas Sands Inc., controlled by 2016's biggest conservative political donor Sheldon Adelson, doesn't technically export anything much to China -- but if Macau authorities decided to strip away the license for his casinos that's up for renewal in 2022, the company could lose three-fifths of its revenue in a flash.



Makes sense but 2022 is along way off. I'm wondering what sort of pressure they can put on Adelson in the next couple of months.
My goal of being well informed conflicts with my goal of remaining sane.
billryan
billryan
Joined: Nov 2, 2009
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April 7th, 2018 at 2:16:46 PM permalink
Just the threat not to renew would cause the stock to fall at least as much as Trumps lies about Amazon did this week.
It's what you do and not what you say If you're not part of the future then get out of the way
TigerWu
TigerWu
Joined: May 23, 2016
  • Threads: 14
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April 7th, 2018 at 2:32:49 PM permalink
Quote: TumblingBones

Makes sense but 2022 is along way off.



Yeah, hopefully by then we'll be 2 years into an administration being run by professionals.

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