Cotai Waterjets (Macau) Limited announced today that it has received permission from the appropriate Macao and Hong Kong transportation departments to begin operating its Cotai Strip(R) CotaiJets(TM) with increased frequency and at night.
Cotai Waterjets said the expanded service, which runs between the Hong Kong-Macao Ferry Terminal at Shun Tak Centre and the Taipa Temporary Ferry Terminal, will serve the public interest by easing traffic and reducing the immigration border crossing time at the ferry terminal on the Macao peninsula.
The scheduling details related to the expanded new service, as well as the launch date of the services, will be provided in the near future, the Cotai Waterjets said.
CotaiJet service is fully managed and operated by Cotai Chu Kong Shipping Management Services Co., LTD of Hong Kong using ferries purchased by a wholly-owned subsidiary of Las Vegas Sands Corp. (NYSE:LVS) .
Statements in this press release, which are not historical facts, are “forward looking” statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve a number of risks, uncertainties or other factors beyond the Company’s control, which may cause material differences in actual results, performance or other expectations. These factors include, but are not limited to general economic conditions, competition, new ventures, government regulation, legalization of gaming, interest rates, future terrorist acts, insurance, and other factors detailed in the reports filed by Las Vegas Sands Corp. with the Securities and Exchange Commission.
ABOUT LAS VEGAS SANDS CORP.
Las Vegas Sands Corp. (NYSE:LVS) is the leading international developer of multi-use integrated resorts.
The Las Vegas, Nevada-based company owns and operates The Venetian Resort-Hotel-Casino, The Palazzo Resort-Hotel-Casino and the Sands Expo and Convention Center in Las Vegas and The Venetian Macao Resort-Hotel and the Sands Macao in the People’s Republic of China (PRC) Special Administrative Region of Macao. The company is currently constructing two additional integrated resorts: Sands Casino Resort Bethlehem in Bethlehem, Pennsylvania; and The Marina Bay Sands(TM) in Singapore.
LVS is also creating the Cotai Strip(TM), a master-planned development of resort-casino properties in Macao. Additionally, the company is working with the Zhuhai Municipal People’s Government of the PRC to master-plan the development of a leisure resort and convention complex on Hengqin Island in the PRC.
Investment Community: Scott Henry (702) 733-5502
Media: Ron Reese (702) 414-3607
Source: Las Vegas Sands Corp.
CONTACT: Investment Community, Scott Henry, +1-702-733-5502, or Media,
+1-702-414-3607, both for Las Vegas Sands Corp.