Inside Asian Gaming

IAG JAPAN MAR 2020 48 Las Vegas Sands Chairman and CEO Sheldon Adelson. ラスベガス・サンズ、シェルドン・アデルソン会長兼CEO That name was Sands, and so began a 21-year-run of profitability, putting aside one infamous hiccup during 2008’s global financial crisis, which has seen owner Sheldon Adelson become the 17th richest American, according to the 2019 Forbes Rich List. It’s also seen Las Vegas Sands Corporation grow into the world’s largest IR company, with a market cap of US$50 billion. Famous for what some call bluff and bluster and others call vision and genius, Adelson is the man behind the most famous piece of land in the global gaming industry – Cotai. At barely two square kilometers in area, this is ground zero for Macau’s IR industry – and therefore the world’s IR industry – and has for the past decade seen gross gaming revenue (GGR) in the tens of billions of US dollars each year. Sands controls three properties along the Cotai Strip: The Venetian Macao, Parisian Macao and Sands Cotai Central (soon to be re- launched as The Londoner). On top of all that, Sands was one of two successful Famous for what some call bluff and bluster and others call vision and genius, Adelson is the man behind the most famous piece of land in the global gaming industry – Cotai. はったりやこけおどしと言われることもあれば、 先見の明があり天才だと言われることもあるそ の人物像で有名なアデルソン氏は、世界のゲー ミング業界で最も有名な区域、コタイを作り上 げた男だ。 JAPAN