Las Vegas Sands Faces $12B Lawsuit in Macau Court
The HALLO ECHO The HALLO ECHO https://secure.gravatar.com/avatar/3cf9bb935f1aaadc409b51e639d4cfd29e997e4c6a43c0836166fbd6393d373a?s=96&d=mm&r=gLas Vegas Sands is facing a $12 billion lawsuit in a Macau court. Sand’s former partner Asian American Entertainment Corporation, which is controlled by Taiwanese businessman Marshall Hao, alleges that Sands breached their contract in order to obtain a casino license in Macau. Hao is seeking damages of around 70% of Sands’ Macau profits…
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