Energy News  
CHINA NEWS
Las Vegas Sands to invest 8 billion dollars in Macau casinos: report

by Staff Writers
 Hong Kong (AFP) Jul 24, 2006
Las Vegas Sands will double its investment in casinos in Macau, spending more than eight billion dollars there and on a neighboring island over the next four to six years, a report said Monday.

Bill Weidner, Las Vegas Sands president and chief operating officer, told the Financial Times that the development opportunities were contingent upon approvals by the former Portuguese enclave and will occur in phases over time.

Weidner said the US company's total investments and turnover would triple as a result of its initiatives in Asia.

"Most of the company's investments and revenues will be in Asia," he was quoted as saying.

In Macau, the company plans to spend 3.0 billion dollars each in two phases on the Cotai Strip and is also in talks to develop Heng Qin island, a Chinese island bordering the Cotai Strip, the report said.

In May, the US gaming operator won the bid to invest more than 3.18 billion dollars in a casino resort in Singapore, making it one of the most expensive projects of its kind in the world. The casino is due to open in 2009.

Community
 Email This Article
 Comment On This Article
Related Links
 China News from SinoDaily.com


Memory Foam Mattress Review
SPACE MEDIA NETWORK PROMOTIONS
 Solar Energy Solutions
Tempur-Pedic Mattress Comparison ...
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


CHINA NEWS
China eases capital controls on overseas investment
 Beijing (AFP) Jul 23, 2006
China's foreign exchange authority has granted 4.8 billion dollars in overseas investment quotas as part of efforts to allow the greater convertibility of the yuan, state press said Sunday.






ENERGY TECH
  • European retirees creating a boom market for Thai property
  • Exiled Tibetan government warns against increased mining
  • Greenland Begins Sale Of Oil Concessions
  • Self-Cooling Soda Bottles Could Sell Billions

    • CIVIL NUCLEAR
  • US-India Nuke Deal Revisited
  • Environmentalists Arrested In Russia After Anti-Nuclear Protest
  • US May Ask Russian Help With Nuke Waste
  • IAEA Chief Cautions Turkey Over Nuclear Energy Plans

    • BLUE SKY
  • California's Model Skies
  • ESA Picks SSTL To Develop Atmospheric CO2 Detector
  • Faster Atmospheric Warming In Subtropics Pushes Jet Streams Toward Poles
  • Atmospheric Warming Expanding The Tropics

    • WOOD PILE
  • Malaysia And Indonesia Join Forces To Dampen Haze Problem
  • Fires Rage In Indonesian Borneo And Sumatra
  • WWF Warns Over Pulp Giant In Indonesia
  • World Bank Vows To Improve Forestry Program In Cambodia

    • FARM NEWS
  • Smog Damage To Crops Costing Billions
  • WWF Reports That Bluefin Tuna Fishery Threatened In East Atlantic
  • Reducing The Global Need For Nitrogen Fertilizers
  • Food-Crop Yields In Future Greenhouse-Gas Conditions Lower Than Expected

    • CAR TECH
  • Toyota To Expand Hybrid Car Range In US
  • Ford First To Offer Clean-Burning Hydrogen Vehicles
  • Smart Cars To Rule The Roads
  • Nano Replacement For Petroleum

    • AEROSPACE
  • Boeing Puts Aircraft Market At 2.6 Trillion Dollars
  • Innovative Solutions Make Transportation Systems Safer Secure and Efficient
  • Joint Strike Fighter Is Not Flawed Finds Australian Government
  • Globemaster Airdrops Falcon Small Launch Vehicle

    • NUCLEAR SPACE
  • Could NASA Get To Pluto Faster? Space Expert Says Yes - By Thinking Nuclear
  • NASA plans to send new robot to Jupiter
  • Los Alamos Hopes To Lead New Era Of Nuclear Space Tranportion With Jovian Mission
  • Boeing Selects Leader for Nuclear Space Systems Program

    • The content herein, unless otherwise known to be public domain, are Copyright 1995-2006 - SpaceDaily.AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA PortalReports are copyright European Space Agency. All NASA sourced material is public domain. Additionalcopyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement