Booming Sands China secures $1.75bn to create Shangri-La, Macau

Shangri-La, Cotai Strip, MacauThe bricks and mortar casino business may be going tits up in the United States but they can’t get enough of it in Macau, where Sands China, which recently posted $110m quarterly profits, has secured another $1.75bn in financing for the construction of the combined Shangri-La, Traders and Sheraton resort complex at its Cotai Strip development. Shangri-La, you’re telling me. Read more.