After a Late Entry, Can Las Vegas Sands Become a Force in Sports Betting?

The recent passing of Sheldon Adelson, founder of the Las Vegas Sands (NYSE: LVS) gambling empire, marked the end of an era for the resort company, which helped shape the industry. Yet it could also herald a new beginning for the iconic casino brand since Adelson was a strict opponent of online gambling, and that's one sector of the industry that is booming and remains a growth opportunity.

Reports surfaced that the Sands was considering entering the sports betting market prior to Adelson's death, but with his veto no longer an obstacle, it's possible the company could now move more quickly. 

However, even if Las Vegas Sands does enter with its own app or through a partnership, has it delayed too long to be a contender?

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Source Fool.com