Updated from 12:08 p.m. EDTLas Vegas Sands ( LVS) shares closed lower on Monday, despite an upgrade by JPMorgan. Las Vegas Sands was down 7.8% to $4.64 on volume of more than 51.8 million shares.
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JPMorgan expects gross gaming revenue to increase at least 30% year over year in June.
Adelson is one of President Trump's wealthiest supporters.