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Las Vegas Sands

Sands Receiving Funding

Venetian, Palazzo Say They Will Raise More Than $2B

POSTED: 9:17 pm PST November 10, 2008
UPDATED: 9:46 pm PST November 10, 2008

The Las Vegas Sands Corp. is receiving a kick start in funds.

The owners of the Venetian and Palazzo announced they have agreements to raise more than $2 billion in new capital.

It includes new funding from Chief Executive Sheldon Adelson.

Last week, the company warned it was in danger of defaulting on its debt.


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