Shares of Sands China, the Macau unit of U.S. casino operator Las Vegas Sands, fell 10 percent in their trading debut, in line with expectations for a weak start, in the world's seventh-largest IPO so far this year.
Friday, 27 Nov 2009 | Source: The Associated Press
Casino developer Las Vegas Sands Corp. said Friday that its subsidiary had secured $1.75 billion in financing commitments so it can finish a 6,000-room gambling resort in Macau.
Shares of U.S. casino companies fell on Friday amid concerns that a possible debt default at Dubai state-owned conglomerate Dubai World could derail a budding economic recovery that has seen investments by casinos in Las Vegas and emerging markets.
Monday, 16 Nov 2009 | Source: The Associated Press
U.S. casino operator Las Vegas Sands Corp. plans to resume work in January on its multibillion-dollar gambling resorts in Macau after suspending construction last year amid a massive funding crunch, the company said.
Executive compensation - particularly bonuses - has been the source of much fury both on Capitol Hill and on Main Street. The Obama administration has also set it sights on these pay packages, most recently by cracking down on executive compensation at bailed-out firms. Given the attention being paid to multi-million dollar paydays, CNBC.com enlisted the help of Equilar, an executive compensation research firm, to find out which executives received the most massive bonus payouts of the decade.