Retail in Asia

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Vegas Sands targets Asia for sales as rollers, shoppers return

Asia accounted for about 73 percent of Las Vegas Sands Corp.’s revenue at the end of last year. The casino operator is investing USD5.5 billion in the Marina Bay Sands complex in Singapore, on a bet economic growth in China and the region will boost demand for shopping, entertainment, gambling and tourism.

Sands’ Venetian Macao gets around 40,000 visitors to its shopping malls during the week and around 65,000 on weekends, according to the group’s billionaire owner, Sheldon Adelson. Visitors to Marina Bay Sands’ shops should be "more than twice as many" within the same timeframe, Adelson said.