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Thursday, July 26, 2012

Limiting Casino Access for Poor Locals

What a pity Sheldon Adelson and the Predatory Gambling Industry didn't support policies such as Singapore's when they left community destruction in their wake in the US.





  • July 25, 2012, 9:26 p.m. ET

  • UPDATE: Las Vegas Sands Not Concerned by Singapore Limiting Casino Access for Poor Locals -CEO

    -- Las Vegas Sands isn't concerned by Singapore's move to restrict casino access for "financially vulnerable" residents, CEO says

    -- Las Vegas Sands doesn't expect such restrictions to have significant impact on its Singapore casino's mass market business


    SINGAPORE--Las Vegas Sands Corp. (LVS) isn't concerned by Singapore's moves to further limit casino access for low-income residents and doesn't expect the tighter rules to have a significant impact on its mass-market business, the U.S. gaming group's chief executive said Thursday. ...

    http://online.wsj.com/article/BT-CO-20120725-722029.html




    Las Vegas Sands earnings tumble as Asian growth slows
    Reuters
    Net income for Sands China, which operates four casinos in Macau, the only place in China where casino-gambling is legal, fell 40 percent to $160.5 million due to higher-than-expected opening expenses at its Cotai Central and a $100.8 million impairment ...


    Casino operator Las Vegas Sands sees 35 percent drop in 2Q profit on lower ...
    Washington Post
    The Sands Cotai is the company's fourth hotel casino in Macau, the world's biggest gambling destination that has also lured other Las Vegas operators, including MGM Resorts International and casino magnate Steve Wynn's Wynn Resorts. Sands said that it ...


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