Casino giant plans expansion across asia

Casino giant Las Vegas Sands is planning to expand across Asia, it confirmed this week, as figures suggested another Asian country will overtake Las Vegas in terms of gambling.

The gaming giant, which has already constructed massive resorts in Singapore and Macau, is looking to expand to other Asian nations and even to Europe, according to reports from the Global Gaming Expo Asia this week.

Taiwan, Vietnam, Japan and Korea are among the company's Asia targets, with boss Sheldon Adelson describing the region as its "first preference."

Other targets include Spain, where Las Vegas Sands is said to be eyeing a €15 billion 'EuroVegas' strip development with 123,000 rooms, either in Madrid or Barcelona.

Source: The Independent