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Casino operators expanding at rapid pace

Business Week,  Wednesday, December 27, 2006 at 7:13:57 PM

Casino operators expanded at a rapid pace in 2006, and there are no signs of a slowdown next year. Industry players are developing as much as they can in Las Vegas, while trying to capture emerging international markets like Macau.

Las Vegas Sands Corp. is keeping a hand in many pots, with projects brewing in several locations. It is already a dominant player in Macau, which is widely considered Asia's Las Vegas. Macau -- which encompasses a peninsula and two islands off the southeastern Chinese coast -- is the only place in China that allows casino gambling. The former Portugese colony was turned over to China in 1999 after more than four centuries of foreign rule. the source
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