Las Vegas Sands Corp. (NYSE:LVS) chief executive officer Sheldon Adelson revealed to Spanish media that the company has plans for a $21 billion gaming business, which would include about 12 hotel-casinos.
Adelson said to El Mundo, “Spain is the ideal country for it. But I’m worried about the current Spanish labor laws. They are so rigid.”
In light of that, Adelson said the company will wait until a new Spanish government is in place before he closes the deal.
The location of the probable development will be in Madrid.
Las Vegas Sands was trading at $42.56, up $0.24, or 0.56 percent, as of 11:59 AM EST.
Wednesday, March 9, 2011
Las Vegas Sands (LVS) Plans for $21 Billion Strip in Spain Unveiled
Subscribe to:
Post Comments (Atom)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
No comments:
Post a Comment