Casinos & Gaming
MACAU – In the Philippines, a
$4 billion casino will soon rise from reclaimed land on Manila Bay. In South Korea, foreign investors are expected to break ground next year on a clutch of casino resorts offshore. And on the eastern edge of Russia, authorities plan a resort zone aimed at drawing Chinese high rollers.
Finding that Las Vegas Sands Corp. and affiliate Sands China Ltd. had shown an “intention to deceive the court,” Clark County District Judge Elizabeth Gonzalez on Friday fined the companies $25,000 and imposed several other sanctions.
After three days of sometimes tedious testimony reconstructing who knew what and when, the Las Vegas Sands Corp. sanctions hearing closed on an emotional note.
In a pointed remark from the bench on Tuesday, Clark County District Judge Elizabeth Gonzalez hinted that she is not buying the defense erected by Las Vegas Sands Corp. and Sands China Ltd. to fend off penalties for their conduct in a case brought by former top executive Steven Jacobs.
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