Las Vegas Sands Corp. Flexes Trade Show Muscles in Macao
|LAS VEGAS, May 10, 2006 - Las Vegas Sands Corp. (NYSE: LVS) today added
to its trade show presence in Asia by announcing that the company has negotiated
and signed contracts for five multi-year trade shows that combined represent
13 separate events. The company also said it has received several new letters
of intent from other trade show organizers and is working with a large
pipeline of shows which it expects to sign up by the end of 2006.
"Almost every week the momentum of our Cotai Strip(TM) development reaches a new level," said Sheldon G. Adelson, chairman and chief executive officer of Las Vegas Sands Corp. "Whether it's another addition to our distinguished list of hotel brands, exciting entertainment acts like Cirque du Soleil, or the finest and most exclusive names in retail, all the pieces of the puzzle needed to create Asia's Las Vegas(TM) continue to fall into place."
The following is a short profile of three of the five multi-year trade shows contracted to take residence at The Venetian Macao(TM), a destination resort situated on the Cotai Strip in Macao, Special Administrative Region of the People's Republic of China:
Asian Automotive Aftermarket Products Expo -- Produced by William T. Glasgow, Inc., the Asian Automotive Aftermarket Products Expo will follow in the footsteps of the successful AAPEX shows in Mexico City, Mexico and Las Vegas, Nevada. The Las Vegas show is the 34th largest show in the United States with almost 500,000 net square feet of exhibition space, over 2,000 exhibiting companies, and hosting 80,000 attendees each year. The Asian Automotive Aftermarket Products Expo is booked for two annual shows with the first taking place in 2008.The Cotai Strip is a master planned development of resort, hotel and casino properties on Cotai, an area of reclaimed land between the islands of Taipa and Coloane in Macao. Las Vegas Sands is developing The Venetian Macao, which is currently under construction, as well as hotel projects including a Four Seasons Hotel, Starwood's Sheraton and St. Regis brands, a Shangri-La Hotel and a Traders Hotel, and a Hilton Hotel and Conrad Hotel.
Statements in this press release, which are not historical facts, are "forward looking" statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve a number of risks, uncertainties or other factors beyond the Company's control, which may cause material differences in actual results, performance or other expectations. These factors include, but are not limited to general economic conditions, competition, new ventures, government regulation, legalization of gaming, interest rates, future terrorist acts, insurance, and other factors detailed in the reports filed by Las Vegas Sands Corp. with the Securities and Exchange Commission.
Las Vegas Sands Corp.
Las Vegas Sands Corp. is a hotel, resort, and gaming and exhibition/convention company headquartered in Las Vegas, Nevada. The company owns The Venetian Resort Hotel Casino and the Sands Expo and Convention Center, where it hosts exhibitions and conventions, in Las Vegas and the Sands Macao in the People's Republic of China Special Administrative Region of Macao. The company is also developing additional casino hotel resort properties, including The Palazzo Resort Hotel Casino in Las Vegas and The Venetian Macao Resort Hotel Casino in Macao.
Las Vegas Sands Corp
|Also See:||Las Vegas Sands Corp. and Starwood Hotels Reach Agreement on Management Deal; Starwood to Manage Planned 1,200-room Sheraton and a 300-room St. Regis on the Cotai Strip, Macao / February 2006|
|First Phase of Macao's COTAI Strip Scheduled to Open in 2007 -- Includes Seven Resort Hotels Comprising of 10,000 Guest Rooms; The $1.8 billion Venetian Macao will Serve as the Anchor / March 2005|