LV Sands Eyes Japan

As reported by Reuters: "Las Vegas Sands Corp., the world's largest gaming operator, is keen to build a casino in Japan once Asia's richest economy moves to legalise casinos.

"'We would be remiss as business people if we weren't involved. There is literally limitless opportunity in Asia,' Sands President and Chief Operating Officer William Weidner said on Wednesday on the sidelines of a signing ceremony between the Singapore government and the company, which is going to build a US$3.6 billion casino in the city-state.

"Lawmakers in Japan are in discussions to lift a ban on casino gambling.

"…Judging by the popularity of pachinko slot machines in the country, Japanese gaming appetite would be staggering, Weidner said…"

2006-08-23