Las Vegas Sands Corp. (LVS) isn't interested in working with Singapore-licensed junket operators to bring gamblers to its casino there, as the U.S. gaming group already has sales representatives that perform similar roles, Chief Executive Sheldon Adelson said Thursday.
"In Singapore, they call (their licensed junket operators) international marketing agents because that's all they are. They are salespeople...they can't provide credit, they can't share their commission, so they are the equivalent of our more than 100 salespeople," Adelson told analysts during an earnings call.
"There's no reason for us to go after that kind of junkets, that kind of (international marketing agents)," the executive said. Full story
Related:
Las Vegas Sands Tops Forecasts on Casino Growth - BusinessWeek
