Las Vegas Sands Corp. is IPO of the year

This was a record gain for American IPO’s this year and the best since Jet Blue in May 2002, that surged 67%.

LVS Chairman Sheldon Adelson, 71, owns an 87.9% slice of the best casino bonuses UK company, while company managers and directors share together 5.3 %.

The money are to be invested in the development of The Palazzo – a $1.6 billion Beverly Hills-themed resort, additional to the Venetian and a $1.8 billion Venetian-style casino/resort in Macau. Palazzo will feature 3,000 suites and double the size of Venetian’s casino and retail space.

The Venetian is one of the most famed Strip locations, built by Sheldon Adelson on the former site of Sands Hotel & Casino, home of the fabulous Rat Pack boys in the sixties.

Sands Resort in Macau has 329 table games and about 670 slot machines or similar gaming devices. The company plans to build a hotel and convention center with 3,000 suites, 546,000 square feet of gaming facilities and 1 million square feet of gross retail space.

Macau tends to become the leading gaming destination in the world, with the Chinese government recently loosening travel restrictions in Macau and the Asians having such a natural attraction for gambling