Endorsed by Gambling911

Las Vegas Sands Eyes Japan, Thailand

Written by:

Guest

Published on:

Nov/30/2009

HONG KONG (TheStreet.com) -- Las Vegas Sands(LVS Quote) is eyeing further expansion into the Asian region, with growth opportunities in Japan, Thailand and India, its CEO told media outlets Monday.

Las Vegas Sands CEO Sheldon Adelson told Reuters that the company could expand into these other areas as early as next year through a joint venture between Las Vegas Sands and Sands China.

Adelson said Sands may also look into expanding into Vietnam or Malaysia, Reuters reported.

Las Vegas Sands is in the process of building its $5.5 billion Singapore casino, which is slated to open in March.

Shares of Sands' Macau assets made a disappointing debut on the Hong Kong stock exchange on Monday, closing down 10% at HK$9.32 after trading as low as HK$8.78.

Last week, the Las Vegas Sands initial public offering was priced at HK$10.38, at the low end of its expected range. Sands sold 1.87 billion shares in its initial public offering last week for a total of about $2.5 billion.

By Jeanine Poggi

Business/Financial News

Odds on Tariffs - Betting Markets

Facing a global market meltdown, Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days, but raised the tax rate on Chinese imports to 125%.

Bet on Will the Dow Jones Close Below 30,000 at Market Close Any Time in April

The people who set probabilities for a living are not painting a pretty picture for financial markets.

Looking for the best Pay Per Head Website?

The pay per head service has come to stay, as a great alternative for bookies who want to clear away from having to deal with the hassle and expense of having to establish their own land based operation but want to enjoy the benefits of having their own professional online presence.