2nd Phase of Sands Cotai Central Integrated Resort to Open 20 September 2012

Sands China, a majority-held subsidiary of global integrated resort developer Las Vegas Sands Corp., has confirmed 20 September 2012 as the opening day for the second phase of its Sands Cotai Central integrated resort.

Foremost among the new facilities is the opening of the first of two hotel towers from Sheraton Macau Hotel, Cotai Central, with a second tower opening in early 2013. The hotel is the world’s largest Sheraton at 3,896 guestrooms, as well as the largest hotel in Macau.

The hotel’s Kashgar grand ballroom will offer nearly 53,000 square feet (4,900 square metres) of pillarless meeting and event space. Shoppes Cotai Central adds a second level of duty-free shops, plus additional restaurants and an international food court.

The opening is the most recent benchmark in Sands China’s push to firmly establish Macau as one of Asia’s leading business and leisure destinations. The opening will further expand the diversity of choices on the Cotai Strip with additional accommodation, dining, entertainment, retail, gaming and meeting and convention offerings.

The company’s Macau investment toward that goal is in excess of US$8 billion to date, and will soon bring Sands China’s combined Cotai Strip offering to over 9,000 rooms across five international hotels, 1.3 million square feet (120,000 square metres) of meeting and exhibition space, over 600 luxury duty-free shops and more than 57 international restaurants, bars and lounges.

“The opening of the Sheraton Macau Hotel at Sands Cotai Central represents another milestone in my vision for the Cotai Strip,” said Las Vegas Sands and Sands China Ltd. Chairman Sheldon Adelson. “I’m very happy to see Sheraton join our growing family of integrated resorts on the Cotai Strip. Sands China remains committed to establishing Macau as a world centre of tourism and leisure, and Asia’s number one business and leisure destination. The addition of Sheraton Macau Hotel, Cotai Central and its impressive array of luxury accommodation is an important development towards reaching that goal.”

Sands China Ltd. President and Chief Executive Officer Edward Tracy added, “Our team members worked incredibly hard to launch Sands Cotai Central back in April; they’ve worked equally hard to introduce the expanded facilities of Sands Cotai Central to Macau this September. All of us are excited to unveil this latest development and we are already looking forward to serving our visitors with the opening of our next phase in early 2013.”

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