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Sands China Ltd., the casino company seeking to raise as much as $5.15 billion, will open most of its stalled resort in Macau by December 2011, almost tripling its hotel rooms in the world’s biggest gambling hub. The project, an extension to the Venetian Macao, the world’s biggest casino, is a “quantum leap for Macau” as Las Vegas Sands Corp. bets that more convention space, hotel beds and shopping malls will entice visitors to prolong their stay in Macau, Michael Leven, chief operating officer of Sands China’s parent, told reporters yesterday.
Sands to open Macau resort by 2011, rooms to triple
(via Bloomberg News) · November 16, 2009 · 7:36 AM
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