Las Vegas Sands, the world’s No.2 casino operator by market capitalisation, does not expect its Singapore operations to cannibalise Macau’s mass casino market, its Chief Executive Officer Sheldon Adelson said.  Adelson, who expects its Singapore operation to generate US$1 billion ($1.4 billion) in earnings before interest, tax, depreciation, and amortisation in its first year, also told reporters on Monday that business is returning to Las Vegas. 

 

{jcomments on}