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Las Vegas Sands posts wider 3Q loss as taxes rise

Published: October 29, 2009 7:19 PM
By The Associated Press  OSKAR GARCIA (Associated Press Writer)

Quick ReadCasino operator Las Vegas Sands loses $123 million in 3rd qtr as taxes rise, but shares jump

Photos

LAS VEGAS (AP) — Casino operator Las Vegas Sands Corp. on Thursday reported a larger third-quarter loss as gambling markets continued to struggle, taxes increased and the company pressed ahead on developing a resort in Singapore.

The Las Vegas-based company led by billionaire Sheldon Adelson benefited from more gamblers visiting Macau, the Chinese gambling enclave, but was hurt in its home...

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