Financial Times FT.com

Billionaire set to unveil new Sands financing

By Assif Shameen in Singapore

Published: November 10 2008 18:58 | Last updated: November 10 2008 18:58

Billionaire Sheldon Adelson is expected to unveil a financing package as early as this week to help prop up Las Vegas Sands, his cash-strapped gaming empire, according to people familiar with the situation.

The auditor of the casino operator said last week that it had doubts about the company’s ability to continue as a going concern.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this