THE M3: MPEL/BELLE; LVS SANCTIONS

09/10/12 08:24AM EDT

The Macau Metro Monitor, September 10, 2012


MELCO CROWN AND BELLE TO INK CASINO DEAL "BEFORE OCTOBER" Macau Business

According to Belle vice chairman Willy Ocier, talks between MPEL and Belle Corp over its Manila JV should be finalized 'before October'.  

ADELSON'S SANDS FACES SANCTIONS FOR NOT DISCLOSING FILES Bloomberg

LVS may be sanctioned in a lawsuit brought by Steven Jacobs for not disclosing that evidence it said couldn’t be taken out of Macau was already in the U.S.   LVS was ordered to explain to a Nevada judge in Las Vegas how and why files from its Macau operations, requested by Steven Jacobs as evidence in his breach-of-contract case, ended up in the U.S. while LVS claimed that Macau law prevented it from transferring them overseas.

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.