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Sands Corp. Eyeing the Big Apple

NEW YORK

Even after rejecting Boston as a potential expansion site, Las Vegas Sands Corp. remains interested in key markets outside Nevada, including New York City, Europe, Asia and Canada, executives said during the company's recent annual shareholders' meeting in New York City.

Shareholders asked about the company's decision last month to forgo development opportunities in Boston, where both Chairman and CEO Sheldon Adelson and President and COO Michael Leven are from.

"It was a bitter pill for me to take to make the decision that Boston was too saturated, too diluted for casinos," Adelson said. "Within 100 miles of Boston there are about 12 full-fledged casinos.”

But in New York, opportunities are still being studied, Leven added.

"We are investigating opportunities in the city as well as in Queens and other places," he said.