Las Vegas Sands requests judge cancel $101.6M award, Bloomberg says Las Vegas Sands has asked a judge to throw out a $101.6M ruling in favor of a businessman who claimed he helped the company win its Macau gaming license, reports Bloomberg. Reference Link
News For LVS From The Last 14 Days
Check below for free stories on LVS the last two weeks.
Macau estimates lowered at Morgan Stanle Morgan Stanley lowered Macau 2014 growth estimates to 6% from 12% and 2015 to 11% from 12.5% due to expectations for VIP trends to continue to deteriorate given the China macro impact and notes slowing mass growth rates.
Las Vegas Sands receives construction permit for Parisian Macao Las Vegas Sands announced that the company has received the government permit needed for construction on the $2.7B Parisian Macao to resume this week. The company said additional permits will be necessary as the development continues, but after undergoing a brief work stoppage, this approval enables work on the critical podium structure to restart immediately.