Sands, Federal Prosecutors Said To Be Talking Deal
Posted on October 29, 2012 at 15:24 PM EDT
Las Vegas Sands (LVS), the nation's biggest casino company, is in talks with federal prosecutors to settle a Justice Department probe of alleged money laundering, the Wall Street Journal said. Sands is slated to announce third-quarter earnings Thursday after the closing bell and rival MGM Resorts (MGM) is on tap for Wednesday morning early. Although timing for any possible settlement is uncertain, Sands officials and federal prosecutors met as