The Las Vegas Sands Corporation
The Las Vegas Sands Corporation (NYSE: LVS) owns and operates The Venetian Resort Hotel Casino, The Palazzo Resort Hotel Casino, and The Sands Expo and Convention Center in Las Vegas, Nevada.
In addition, the company owns and operates the Sands Macao, The Venetian Macao Resort Hotel, the Four Seasons Hotel Macao, and the Cotai Strip in Macao, People’s Republic of China.
Additionally, the company is creating a master-planned development of integrated resort properties, anchored by The Venetian Macao, and referred to as the Cotai Strip in Macao.
The company is also developing Marina Bay Sands, an integrated resort in Singapore, and Sands Casino Resort Bethlehem, an integrated resort in Bethlehem, Pennsylvania.
At the end of fiscal 2007, the company had approximately $7.6 billion of debt. At the end of fiscal 2008, the company had $10.4 billion of debt, an increase of almost 37% in one year.
In the immortal words of Randolph Duke to Wilson..."Idiot! Get back in there and sell, sell"!
Las Vegas Sands Corporation