Adelson Says Las Vegas Sands’ Model Is Working in Macau: Video
Dec. 16 (Bloomberg) — Sheldon Adelson, chief executive officer of Las Vegas Sands Corp., talks with Bloomberg’s Deirdre Bolton about the company’s success in Macau and competition against Stanley Ho, who controls SJM Holdings Ltd.
Hos four-decade casino monopoly in Macau ended after the government in 2001 accepted bids for rival operators. The former Portuguese colony is the only place in China where casinos are legal. (Source: Bloomberg)