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Las Vegas Sands Faces $12 Bln Lawsuit In Macau Court BEIJING (dpa-AFX) - U.S. casino major Las Vegas Sands is facing around $12 billion lawsuit from former partner Asian American Entertainment Corp. in a Macau court for alleged breach of contract, Reuters reported. The trial will start on June 16. Taiwanese businessman Marshall Hao s Asian American is seeking damages of around 70% of Sands Macau profits from 2004 to 2022. It alleges that Sands breached its contract for a casino license in Macau, which is the only legal gambling destination in China. As per the lawsuit, Sands and Asian American jointly submitted a bid for a gaming concession in 2001. However, Sands switched partners during the process and teamed up with Hong Kong group Galaxy Entertainment, and won the license in Macau.

United statesHong kongLas vegasMarshall haoAsian american entertainment corpLas vegas sandsAsian american entertainmentAsian americanSand macauGalaxy entertainmentஒன்றுபட்டது மாநிலங்களில்ஹாங் காங்லாஸ் வேகாஸ்மார்ஷல் ஹ்ம்ஆசிய அமெரிக்கன் பொழுதுபோக்கு கார்ப்லாஸ் வேகாஸ் மணல்