Sheldon Adelson sees the company’s success in the Singapore casino market with Marina Bay Sands as being integral to this belief. He explained: "Everybody in Japan, Korea, those places that have yet to legalise IRs with gaming, they’re all referring to Singapore. They want an Marina bay Sands-type integrated resort and it is the reference site for the entire world.”
"We’re the largest gaming and integrated resort company in
the world, by far. Our market cap equals or exceeds all the other Las Vegas
companies combined. So we’re what other people look to, other emerging markets
look to, not being that familiar with our industry, they’ll look to the biggest
and the people that could bring the greatest benefit to them,” Adelson
continued.
"When we built The Venetian Macao, we put in an 800,000 square feet of
exhibition space, and, save for the Canton Fair facility, we’re the biggest
facility. We were the biggest facility in China, the country of 1.3 billion
people. So where would emerging markets look to? Of course, they’ll look to us
first.”
Adelson also mentioned other destination where the company is interested on operating. "We’re certainly looking at Korea. We are looking at Vietnam, where they’re just starting to experiment a pilot program. We we are still active in lobbying in Thailand and also looking at South America. And we’re looking at a couple of, one in particular, in New York, where we certainly will be a candidate there,” Adelson ended.
Source: G3 Newswire
