Sands boss Adelson sees gambling powerhouse in Cotai and Macau
May 28, 2006 – The first time he saw China's planned Cotai Strip development four years ago, Las Vegas Sands Corp. Chairman Sheldon Adelson thought the Chinese government was banishing him to some faraway no-man's land.
Much of the Cotai Strip was submerged under several feet of water. Engineers were just beginning to reclaim land from the South China Sea and transform the area into an industrial complex.
Adelson had other ideas.
Source : Las Vegas Review Journal
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