powered by Federated Media

Las Vegas Sands

Jury sides with businessman in Vegas Sands lawsuit

Las Vegas Sands has opened four resorts in Macau's Cotai Strip area, and now makes about 60 percent of its profits in the former Portuguese colony, an hour from Hong Kong by ferry.

Jury hears final arguments in Las Vegas Sands case

The multibillionaire acknowledged that Sands' chief operating officer agreed in 2001 to pay Suen a "success fee" of $5 million, plus 2 percent of the company's profits from its Macau casinos.

Las Vegas Sands case nears end after 9 years

Attorneys began closing arguments Thursday in the dispute between Las Vegas Sands and a fixer who says he helped the casino giant win a license in the Chinese gambling enclave of Macau.

Macau helps Las Vegas Sands top 1Q expectations

Las Vegas Sands Corp. drew a record number of gamblers in Macau in the first quarter and took in more money from its Singapore casinos, helping lift net income by 15 percent to top expectations.

Sands, DreamWorks strike Macau casino license deal

Sands China Ltd. is licensing DreamWorks Animation SKG Inc.'s stable of animated characters for use at the gambling company's resorts in the former Portuguese colony of Macau starting July 1.

Stocks open lower as China reins in housing

Las Vegas Sands fell 2 percent as the company defended itself against claims that it violated a federal law prohibiting bribing foreign officials.

LV Sands says it likely violated anti-bribery law

Las Vegas Sands, which is controlled by billionaire Sheldon Adelson, said that after it got the SEC subpoena on Feb. 9, 2011, the audit committee of the board of directors opened an investigation.

News Summary: MGM China gets 2nd Macau casino

WINNING BETS: Macau is an increasingly important profit source for foreign operators like Las Vegas Sands Corp. and Wynn Resorts Ltd.

Macau casino revenue in 2012 rose to $38 billion

Despite the moderating growth, casino operators have pushed ahead with expansion plans in Macau, where companies such as Las Vegas Sands Corp. and Wynn Resorts Ltd. earn the bulk of their profits.

Las Vegas Sands declares $2.26B special dividend

Casino operator Las Vegas Sands Corp. said Monday it will pay a special dividend of $2.75, distributing about $2.26 billion to its shareholders by the end of the year.

Advertisement

Partners

Jury begins deliberation in Las Vegas Sands case

Suen filed the lawsuit in 2004 after failing to reach a compensation agreement with Sands.

LAS VEGAS: Vegas, Macau help MGM Resorts beat 1Q expectations

MGM still has much of its business in on the Strip, unlike its major rivals Las Vegas Sands...

MACAU: Sands, DreamWorks strike Macau casino license deal

Maruyama said the deal is aimed at families and would not involve Sands' gambling business.

Blogs

Downed pole leaves 1,700 without power on North Side

The company said a pole had gone down near Sir Winston and Silver Sands in a tweet sent about...

Gallery Prince of Persia: The Forgotten Sands

Gallery Prince of Persia: The Forgotten Sands - Fichier: Gameplay First Look (1280x720) - ...

6 Reasons Why Las Vegas Sands Is Tempting: Yet No Buy

Las Vegas Sands Corp is one of the six companies that have a license to operate Casino's in Macau.

Web

UPDATE 2-Las Vegas Sands quarterly earnings better-than-expected

UPDATE 2-Las Vegas Sands quarterly earnings better-than-expected

PricewaterhouseCoopers quits as Sands auditor, no dispute cited

Sands said in its financial reports that it is cooperating with the investigations.

RPT-Sands lawsuits shine harsh light on Macau's casino paradise

A Sands spokesman declined to discuss any specifics regarding the concession license process.