Las Vegas Sands faces $12 billion lawsuit from a former partner in a Macau court

Las Vegas Sands faces $12 billion lawsuit from a former partner in a Macau court

June 10, 2021 Off By admin

Former partner Asian American Entertainment Corporation, headed by Taiwanese businessman Marshall Hao, is seeking damages of around 70% of Sands’ Macau profits from 2004 to 2022. Reuters calculations puts the figure at around $12 billion.

Original source: http://feedproxy.google.com/~r/casinolifemagazine/OyOw/~3/sRXdr_6xy2M/las-vegas-sands-faces-12-billion-lawsuit-former-partner-macau-court