Las Vegas Sands had a banger of a year, returning 30+ % for people who got in before August 2K19. Dividends and margin improvement were mainly responsible since Macau sales have been declining. New infastructure investments will be completed this year in Macau and legalized sportsbetting in the USA should definitely beef up profits. But, With such a great year behind us can this rally continue? Earnings will be key here. Headwinds include the Coronavirus outbreak which will further hurt Macau sales going into Chinese holiday season, amazing returns last year, and most likely a shrinking dividend. Its competitiors all look like better value buys as well.