Las Vegas Sands Corp., the casino company of billionaire Sheldon Adelson, expects 90% of its revenue to come from Asia by 2020, as its Singapore resort ramps up and more of China’s gamblers visit Macau.
“I don’t think there was a recession in this part of the world, and therefore that didn’t affect gaming very much,” Adelson said in an interview while in Singapore for the Marina Bay Sands resort’s grand opening. “We hope that 90% of our income comes from Asia” within 10 years, he said.
