US Opens Probe of Las Vegas Sands - Wall Street Journal (blog)

BY KATE O'KEEFFE

HONG KONG—Las Vegas Sands Corp. said it is being investigated by U.S. authorities over its compliance with antibribery laws in its operations in Macau, which has become a cornerstone of the casino company's business and the gambling industry's major source of growth.

Las Vegas Sands in its annual report filed Tuesday said it had

received a subpoena from the U.S. Securities and Exchange Commission requesting that the company produce documents related to its compliance with the Foreign Corrupt Practices Act and that the Justice Department "is conducting a similar investigation." The law prohibits U.S. companies from making payments to foreign ...

Source: http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFjiIcqvbzwW8PUdtR8_93PkAaoTw&url=http://asia.wsj.com/article/SB10001424052748703409904576174170248266028.html

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