Las Vegas Sands to Join S&P 500 Index

Casino operator Las Vegas Sands Corp is going to enter the S&P 500 stock market index. The announcement was made by S&P Dow Jones Indices, the entity that compiles the index.

The S&P 500 is a stock market index in the United States based on the market capitalisations of 500 large companies that have common stock listed on the New York Stock Exchange or Nasdaq. It is regarded as one of the best single gauges of those U.S. equities issued by companies with large-scale market capitalisation, also known as “large-cap” stocks.