Rochester, NY 7/31/2009 2:07:30 PM
After Hours - Las Vegas Sands Corp. LVS, Las Vegas Sands announce huge market loss in Q2
Las Vegas Sands Corp. LVS
Las Vegas Sands Corp. reported $175.9 million loss in the second quarter, compares a year ago loss $8.8 million.
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The company, controlled by billionaire CEO Sheldon Adelson, said the loss included the costs of lawsuit settlement and charges related to lower-than-expected proceeds from the sale of a mall at one of its Las Vegas resorts.
About LVS
Las Vegas Sands Corp. and its subsidiaries develop multi-use integrated resorts worldwide. It owns and operates The Venetian Resort Hotel Casino, The Palazzo Resort Hotel Casino, and The Sands Expo and Convention Center in Las Vegas, Nevada; and the Sands Macao, The Venetian Macao Resort Hotel, and the Four Seasons Hotel Macao, Cotai Strip in Macao, the People's Republic of China.
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