Las Vegas Sands
Las Vegas Sands Las Vegas Sands has led a strong day for US-based gaming companies on the stock market. Sands stock is up nearly ten percent after word spread of the potential earnings of an Asia initial public offering.

Sands stock climbed to $16.76 a share late this afternoon. The stock was up 9.12%, or 41.40 a share. It was one of several gaming companies that rallied on Monday after a sub par finish to last week.

Sands is following in the footsteps of Wynn Resorts, which last month had an IPO of their own in Asia that raised $1.6 billion. Wynn has had a listing on the Hong Kong Stock Exchange now for several weeks, and the stock has done quite well so far.

Even though they are following Wynn, Sands expects to raise much more in their IPO. Sands is looking to raise as much as $3.6 billion. If that figure is reached it will be the second highest IPO of the year in Asia.

Other companies have rode the momentum that Sands has created Monday in the US. Wynn stock is up 5.81%, to $63.2o a share. That is an increase of $3.51. MGM Mirage was also up, rising 7.08%, to $10.44.

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