Betting on pickup in growth
Source: Bloomberg News |
August 28, 2012, Tuesday
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Print Edition
Print Edition
SANDS China Ltd, the Asian unit of Sheldon Adelson's US casino operator, expects growth to pick up next year in Macau and said it has followed regulations in its home territory and Las Vegas.
More hotel rooms and transport to Macau will aid growth in the world's largest gambling hub next year, Sands China's CEO Edward Tracy said in an interview in Hong Kong yesterday. The company, which is being investigated by the Macau government in connection with data transfers to the US, doesn't engage in any "crimes or any illegal activities," he said.
Sands China is facing weaker growth in Macau this year as China's economy slows and high-stake gamblers cut spending.
More hotel rooms and transport to Macau will aid growth in the world's largest gambling hub next year, Sands China's CEO Edward Tracy said in an interview in Hong Kong yesterday. The company, which is being investigated by the Macau government in connection with data transfers to the US, doesn't engage in any "crimes or any illegal activities," he said.
Sands China is facing weaker growth in Macau this year as China's economy slows and high-stake gamblers cut spending.
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