# If Las Vegas Sands Corp. moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/las-vegas-sands · Facet: ripple · Updated: 2026-09-24T03:46:37.907613+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, Las Vegas Sands Corp. is directly linked to 4 companies (1 supply, 2 revenue, 1 investment relationships) and reaches 10 companies within two hops; the links are backed by 7 dated sources, 1 of them primary filings (as of 2026-09-24).

Las Vegas Sands Corp. operates across Asian integrated resort operator. After +29.5% in 2025, it gave back -30.6% in 2026. The supply side (avg +9.1%) has moved harder than the stock (-30.6%). That is the classic bottleneck pattern: supplier volume leverage is being priced before this layer's own margin. Among connected nodes the furthest ahead is Apple (+18%) and the furthest behind is LVMH Moet Hennessy Louis Vuitton (-20.3%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. It spends on resort construction, hotel franchise rights and operating procurement, while increasing its ownership of Sands China to strengthen control of its Macao operations.

## Demand chain (leading)
- T1 Apple (https://valuechain.wiki/apple.md)
- T2 T-Mobile US, Inc. (https://valuechain.wiki/t-mobile-us.md)
- T3 EchoStar Corporation (https://valuechain.wiki/echostar.md)
- T2 Target Corporation (https://valuechain.wiki/target.md)
- T3 CVS Health (https://valuechain.wiki/cvs-health.md)
- T2 Take-Two Interactive Software, Inc. (https://valuechain.wiki/take-two-interactive.md)
- T3 Microsoft (https://valuechain.wiki/microsoft.md)
- T1 LVMH Moet Hennessy Louis Vuitton (https://valuechain.wiki/lvmh.md)

## Supply chain (benefiting)
- T1 Marriott International, Inc. (https://valuechain.wiki/marriott-international.md)
- T2 Oracle (https://valuechain.wiki/oracle.md)
- T3 NVIDIA (https://valuechain.wiki/nvidia.md)
- T3 AMD (https://valuechain.wiki/amd.md)
- T3 Bloom Energy (https://valuechain.wiki/bloom-energy.md)
- T3 DTE Energy (https://valuechain.wiki/dte-energy.md)
- T2 Booking Holdings Inc. (https://valuechain.wiki/booking-holdings.md)
- T3 Alphabet (Google) (https://valuechain.wiki/alphabet.md)
- T3 Trip.com Group (https://valuechain.wiki/trip-com-group.md)
- T2 Cintas Corporation (https://valuechain.wiki/cintas.md)
- T1 Sands China (https://valuechain.wiki/sands-china.md)

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Full node: https://valuechain.wiki/las-vegas-sands.md · JSON: https://valuechain.wiki/las-vegas-sands.json