Bloomberg.com, 7 Nov 2008, Beth Jinks
Nov. 7 (Bloomberg) -- Sheldon Adelson, the billionaire who controls Las Vegas Sands Corp., held talks with the Singapore government this week as the casino company struggled with a cash shortage that threatens a $4 billion casino development there, a person with knowledge of the meetings said.
Las Vegas Sands is seeking funding to stave off defaults on loans or face ``substantial doubt'' about its ability to survive as a going concern, the casino owner said today in a filing. Las Vegas Sands and government officials will publicly pledge to complete the development in Singapore, said the person, who declined to be identified because the information isn't public.
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