Sands opens Cotai Central final piece as Adelson predicts Macau turnaround

Las Vegas Sands Corp. opened the last piece of the Sands Cotai Central development in Macau on Friday, and the company’s top executive – despite 18 straight months of the market’s declining gaming revenue – said the region has nearly bottomed out. During a celebration surrounding the opening of the $450 million, 400-room St. Regis hotel, Las Vegas Sands Chairman and CEO Sheldon Adelson said the Macau gaming market will turn around in 2016.