Las Vegas Sands may resume Macau work
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“We have toget construction back to work as quickly as possible,” Stephen Weaver, AsianRegional President, was quoted telling reporters. Hong Kong, Macau and Singaporeare still “very privileged” locations for the resort business in the long term,he added.
Bloombergsaid Las Vegas Sands, which lost 94% of its market value last year as gamblersstayed away from casinos in Las Vegas and Macau,suspended construction in both cities in November to finance the Marina BaySands integrated resort in Singaporeand the Sands Bethworks project in Pennsylvania.
The reportadded that government officials from Guangdong,Macau and Hong Kong met in February to discuss easing visa controls after China restricted travel by its residents to Macau early last year.
Las VegasSands is on schedule to open its Singapore casino at the end of2009.
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