Las Vegas Sands Inc have released a statement on the back of the news
regarding the UK governments planned review of regulations on
land-based casinos. Executives speaking on behalf of the US-based
company have commented on the potential effect such plans would have on
their proposed UK investments. It would certainly jeopardise our
investment was the comment made by William Weidner, the president of
the company, who then expanded saying the idea of limiting the number of
slot machines permissible in a casino would affect our investment and
would hinder regeneration efforts.
Las Vegas Sands announced in March that they had made agreements with
two football clubs- Sheffield United and the Glasgow Rangers to build
casinos next to their stadiums. These plans are now possibly under
threat in light of this weeks draft of new government regulations.