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Wednesday, October 22, 2008

Sands on Macau expansion

from yesterday's Las Vegas Review-Journal (10/21):

Sands denies Cotai report
Development on track, says official
By HOWARD STUTZ
REVIEW-JOURNAL

"A Las Vegas Sands Corp. spokesman on Monday disputed reports in the Asian media that the company is dumping plans to borrow almost $5.25 billion to complete a portion of its Cotai Strip expansion development.

Instead, the casino operator is seeking smaller-scale financing for individual projects on the Cotai region of Macau that are expected to open late next year." ...

for the complete story

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