From FT via MSNBC:
Las Vegas Sands is planning to invest more than $8bn in its casino, leisure and convention facilities in Macao and on a neighbouring island over the next four to six years.
The size of the investment, double that reported originally, is part of the US-based gaming company’s plans to change the face of the former Portuguese enclave’s tourism industry from offering one-day gambling trips to becoming a longer-stay destination. [Full Text]