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IDB Group Considering Macau Venture

ISRAEL – As reported by Haaretz: "The IDB Group, controlled by Nochi Dankner, is exploring the possibility of joining American real estate mogul Sheldon Adelson in his venture to turn Macau into the Chinese Las Vegas.

"Adelson, ranked by Forbes as one of the 400 richest people in the U.S., won a state tender to turn Macau, the former Portuguese colony south of Hong Kong, into a gambling mecca.

"…Haaretz has learned that Dankner together with representatives of his IDB Group met with Adelson and his people in Macau some two months ago."

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