“I don’t want to fight the government”

Las Vegas Sands Corp. and Sands China Ltd. chairman Sheldon Adelson wants to cooperate with the government to solve the dispute over Cotai parcels seven and eight. In an exclusive interview with Macau Business, he criticises the cap on gaming tables, arguing the best way to control the growth of the gaming industry is by targeting gaming facilities run by third parties. He also unveils his next investment targets and what he would have done differently in Singapore and Macau. By Paulo A. Azevedo In Las Vegas Is the Cotai Strip becoming what you thought it could be, now that Lawrence Ho has opened City of Dreams, Francis Lui has inaugurated Galaxy Macau and with Sands Cotai Central opening next year?Sheldon Adelson – My original plan called for 20 lots on a U-shaped strip, coming down the strip to the roundabout and then going right at the road that takes you to the power plant, then coming back up by the Macau Dome. My idea was to rebuild half or more of the Las Vegas strip, to create the critical mass. I do not mind that other people are coming. I want other people to come because it validates the critical mass nature of the development. Look, nobody wanted the land before. It was sitting there for a long time. Read the full version of this article in the November issue of Macau Business magazine, now available at selected newsstand outlets in Macau, Hong Kong bookshops, by subscription and at partner hotels, restaurants, airlines and ferry carriers in Macau.