Las Vegas Sands faces a $375M (LVS +2.3%) lawsuit in Macau related to how the firm landed the...

|About: Las Vegas Sands Corp. (LVS)|By:, SA News Editor

Las Vegas Sands faces a $375M (LVS +2.3%) lawsuit in Macau related to how the firm landed the lucrative gambling license over 10 years ago that spurred it to develop properties on the Chinese territory. In a filing that might sound somewhat familiar to Steve Wynn, a former business partner of Sheldon Adelson accuses LVS of breach of contract in business dealings over the all-important license.