Monday, November 13, 2006
Las Vegas Sands to raise $12 billion in Macau development
Las Vegas Sands said that it aimed to raise between $6 billion and $12 billion from the sale of retail space on its Cotai Strip development in Macau. With an additional $1 billion to $4 billion expected to be raised through the sale of apartments around The Venetian Macao, the sales are likely to outstrip the casino company's total investment in the Chinese venture of $11 billion.
posted by Clark Gamble at Las Vegas Sands to raise $12 billion in Macau development
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