Las Vegas Sands puts projects on hold, posts loss

Reuters, 10 Nov 2008, Deena Beasley

LOS ANGELES (Reuters) - Casino operator Las Vegas Sands Corp, which warned last week it was in danger of violating loan agreements, said on Monday it would suspend construction in Macau as it copes with a lack of financing options.

Sands also reported a narrower third-quarter net loss and said it expects to shortly release details of a $2 billion bond sale.

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