拉斯维加斯金沙集团到处筹钱

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2008年10月24日

美国彭博社报道，拉斯维加斯金沙集团正聘用一家投资银行帮助筹集资金。今年金沙公司的股票跌了92%。前不久，金沙老板亲自到亚洲国家借钱。看来，金沙现金流出现了很大问题。

Las Vegas Sands Hires Bankers to Help Raise Capital (Update1)

By Beth Jinks

Oct. 24 (Bloomberg) -- Las Vegas Sands Corp. said it hired an investment bank to help raise capital with the help of billionaire Chief Executive Officer Sheldon Adelson after the shares plunged 92 percent this year.

``The company will announce further details of the program in the very near future,'' Las Vegas Sands said today in a statement. Adelson and his family invested $475 million in the Las Vegas-based casino operator to strengthen its capital this month and help prevent it from tripping a U.S. loan covenant.

Casino cash flow is dwindling amid an economic slump and financial crisis, just as Las Vegas Sands undertakes its biggest expansion. The owner of the Venetian and Palazzo casino resorts on the Las Vegas Strip is building a $12 billion complex in Macau, China, the $4 billion Marina Bay SandsSands Bethworks in Singapore and the $800 million  in Bethlehem, Pennsylvania.

Sands said Oct. 22 it will sell its Four Seasons apartment hotel in Macau as a co-operative and seek to sell the attached mall space to pay down debt and help fund expansion, after Macau's government approved a legal separation of the Four Seasons from the rest of Sands' developments.

On Sept. 30, the company said that Adelson and his family purchased convertible senior notes that mature in 2013 and pay 6.5 percent cash interest. The notes are convertible to common stock at a price of $49.65.

Las Vegas Sands dropped $1.87, or 23 percent, to $6.34 at 9:31 a.m. in New York Stock Exchange composite trading. In the past month, it was usurped as the world's largest casino company by market value. Wynn Resorts Ltd. is now the biggest, followed by MGM Mirage.

Casino Reviews

Moody's Investors Services Inc. initiated multiple creditworthiness reviews of companies with business on the Las Vegas Strip, where gambling revenue dropped 6.7 percent in the first eight months of the year.

Competition has also intensified in Macau, the only part of China where casino gambling is legal. As more casinos and hotels are developed, authorities are limiting visits by mainland Chinese gamblers to Macau, which overtook the Vegas Strip as the world's biggest gambling hub in 2006.

Adelson, 75, had suggested he may step in during Las Vegas Sands' last earnings call. He owns more than 64 percent of Las Vegas Sands, according to data compiled by Bloomberg.