Hong Kong businessman awarded $43.8 million in Las Vegas Sands case

A jury on Saturday awarded a Hong Kong businessman a $43.8-million judgment against Las Vegas Sands Corp., the casino giant run by billionaire Sheldon Adelson.

Richard Suen claimed he was owed up to $100 million for helping the Las Vegas-based company secure a lucrative gambling license in the Chinese enclave of Macau.

Suen said he was hired by Las Vegas Sands to win favour with the Chinese government and was successful.

Las Vegas Sands has opened two resorts in Macau's Cotai Strip area, the Sands Macao and the Venetian Macao, and has plans for at least 10 more casino properties.

Read Full Article from The Canadian Press

- Posted: 2008-05-26 08:31:15

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