Las Vegas Sands Sell Macau Casino?
Las Vegas Sands might be sell their main property in Macau. The Sands Macau is up for sale, but Las Vegas Sands would not be completely out of the picture.
According to a report in the South China Morning Post, Sands is considering selling some of the operations under a lease-back arrangement.
Sands Macau is still turning a profit, the casino has revenue of around $40 million quarterly before taxes.
Macau became the gambling capital of the world once they relieved Stanley Ho of the monopoly that he held on the casino industry.
Las Vegas Sands was the first US based casino company to enter the Macau market back in 2004.
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Tags: Casino game, Casino online, Gambling, Macau, online casinos, Online gambling
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