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Adelson mulls casinos in India, Japan

Adelson mulls casinos in India, Japan
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First Published: Wed, Aug 29 2007. 12 04 AM IST
Updated: Wed, Aug 29 2007. 12 04 AM IST
Hong Kong: Las Vegas Sands Corp.’s billionaire chairman Sheldon Adelson opened the world’s biggest casino in Macau and unveiled ambitions plans to expand in India and Japan as Asian gambling booms.
The new 3,000-room Venetian Macao resort aims to tap China’s 1.3 billion people, and Adelson said he’s also keen on opening in the world’s second-most populous nation.
“We are very much interested in, one, attracting Indians to come to Macau, andtwo, establishing in India, when the government makes the necessary changes,” Adelson said on Tuesday at the opening ceremony in the Chinese city.
Sands and rival Wynn Resorts Ltd are racing for a slice of the gaming market in Asia, where economies are growing faster than in Europe and the US. The Venetian is part of an $11 billion (Rs45,100 crore) investment in Macau by Adelson, who has also won the right to build a casino in Singapore.
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First Published: Wed, Aug 29 2007. 12 04 AM IST
More Topics: Adelson mulls | Casino | India | Japan | Corporate News |