Moody's Investors Service on Thursday raised Las Vegas Sands Corp.'s rating outlook to positive from negative $LVS

SAN FRANCISCO (MarketWatch) -- Moody's Investors Service on Thursday raised Las Vegas Sands Corp.'s rating outlook to positive from negative and affirmed its B3corporate family rating. The move is in response to the strong initial opening of its Marina Bay Sands resort in Singapore. "This provides us with a higher level of comfort that Marina Bay Sands will ramp up at a pace that will facilitate meaningful debt reduction and improve Las Vegas Sands' geographic diversification," said Keith Foley, Moody's senior vice president, in statement.