Las Vegas Sands COO Expects to Survive `Rough' 18 Months Ahead

Bloomberg.com, 17 Nov 2008, Beth Jinks

Nov. 17 (Bloomberg) -- Las Vegas Sands Corp., the casino that raised $2.1 billion of capital last week, will ``survive'' and recover from the ``very rough 18 months'' ahead for the casino industry, Chief Operating Officer William Weidner said.

PricewaterhouseCoopers LLP, which said earlier this month there was ``substantial doubt'' that the Las Vegas-based company would be able to continue as a going concern, withdrew the warning after the share sales, according to a Las Vegas Sands regulatory filing today.

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