Las Vegas Sands (LVS +1%) CEO Sheldon Adelson's "moral opposition" to online poker has kept the...

|About: Las Vegas Sands Corp. (LVS)|By:, SA News Editor

Las Vegas Sands (LVS +1%) CEO Sheldon Adelson's "moral opposition" to online poker has kept the company stuck in neutral while rivals such as MGM Resorts and Wynn Resorts make strategic plays to prepare for the potential of legalized online play. Though Adelson appears likely to take his fight to Congress to attempt to stop the online poker movement, gambling execs on the other side of the fight see him facing an uphill (and unprofitable?) climb.