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Las Vegas Sands Corp.: Betting on Growth

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In May 2004, Las Vegas Sands Corp. became the first to open a Western-style casino in the Chinese enclave of Macau. Run and owned in majority by Sheldon Adelson, Nevada-based Las Vegas Sands Corp. had pioneered the convention-driven business model in the Las Vegas gaming industry. As one of three new gaming license holders in Macau, Adelson was set to replicate the model in Macau and break the monopoly held by Stanley Ho's Sociedade de Turismo e Diversoes de Macau (STDM) for more than 40 years. By May 2005, Macau was experiencing construction frenzy. Billions of dollars worth of casinos, convention venues, and hotels were under development. Las Vegas Sands Corp. was one of the main instigators, with a US$1.8 billion casino resort under construction, as well as an interest in six hotel casino complexes. The company was also expanding its Las Vegas business with a US$1.6 billion casino resort next to its existing Las Vegas Venetian development.

【書誌情報】

ページ数:29ページ

サイズ:A4

商品番号:HBSP-HKU652

発行日:2007/5/7

登録日:2010/3/1

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