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November 13th, 2008

US firm cuts Macau building jobs

Another story from the BBC:

Up to 11,000 workers in Macau could lose their jobs after gaming giant Las Vegas Sands suspended its building projects.

Sands executive Stephen Weaver said about 2,000 of the workers were from Macau. Others were from Hong Kong, mainland China and other countries.

The US-based firm is among companies suffering from the credit crisis and visa restrictions in the territory.

Mr Weaver said Sands expected to finish constructing the sites on the Cotai Strip but did not give a timetable.

Posted by casino man in Gambling News

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