In a conference call with analysts Monday afternoon, companypresident Bill Weidner said the company has lined up more than $2billion in new capital, including additional funds from SheldonAdelson, the company's principal stockholder and chairman. Thetransaction is expected to close by the end of the week, at whichtime more details would become available.

In the US, Las Vegas Sands has stopped work on a $600-million,400-unit, high-rise condominium tower it was developing on the LasVegas Strip, in front of its new Palazzo resort, but will completethe retail podium. It also has stopped work for everything but thecasino portion of its $700-million, 124-acre Sands Bethlehemdevelopment in Pennsylvania.

Overseas, the company has halted its $11-billion Cotai Stripdevelopment in Macau in lieu of project-level financing. Thedecision puts at risk its control over the entireproject--including the properties it has already built--if itcannot extend the deadlines in its development agreement with theMacau government and obtain additional financing.

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