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The Parisian opens its doors

Sep. 13, 2016 4:30 AM ETSands China Ltd. (SCHYY) StockLVS, SCHYY, SCHYFBy: Yoel Minkoff, SA News Editor
  • U.S. casino mogul Sheldon Adelson will cut the ribbon on his fifth Macau resort today, as signs emerge of a turnaround in the territory's fortunes following two years of weak revenues.
  • Sands China (OTCPK:SCHYY), a subsidiary of Adelson's Las Vegas Sands (NYSE:LVS), will open the $3B Parisian just three weeks after another Las Vegas tycoon, Steve Wynn, opened his latest pleasure palace in the Chinese gambling hub.

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