Pursuits
Las Vegas Sands Ready to Invest $10 Billion in Japan Casino
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Las Vegas Sands Corp., the world’s largest gambling company by market value, said it’s ready to invest $10 billion in Japan, projected to be Asia’s second-largest casino market.
“We will spend whatever it takes,” billionaire Chairman and Chief Executive Officer Sheldon Adelson said at a media briefing in Tokyo. “We could pay all cash. We don’t have to, but we will borrow money in a typical mortgage-to-value ratio.”