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Sands China quarterly net rises 17% on middle-class gamblers2 November 2012Bloomberg reports that Sands China Limited, the Macau casino operator controlled by billionaire Sheldon Adelson, posted a 17 percent climb in third-quarter profit as spending by middle-class Chinese gamblers boosted earnings. Bloomberg states that net revenue jumped 37 percent to $1.64 billion as the Macau operator benefited from its newest resort, Sands Cotai Central, which opened in April. |