SEARCH NEWS:

 

LV Sands considers UK casino

LOS ANGELES, California – As reported by Reuters: "Las Vegas Sands Corp. is interested in investing at least $760 million (390 million pounds) in a casino resort in the UK, but only if it can add amenities such as retail malls and permanent residences, the company's chief operating officer said on Monday.

"Speaking at the Reuters Hotels and Casinos Summit, William Weidner also said that Sands does not expect Japan to pass a law allowing casinos before next year.

"The company is 'looking at' a proposed casino project in Manchester, but would only pursue the development if it can move ahead on its proven strategy of building a mixed-use destination, Weidner said.

"The government's Casino Advisory panel earlier this month named the northern city as its surprise choice to host the country's first Las Vegas-style supercasino.

"Weidner said Sands is prepared to spend at least one-and-a-half times the $507 million a competitor has said it would invest in Manchester…"

< Gaming News