The company is focusing on integrating its various Macao properties including Sands Macao, Sands Cotai Central, Four Seasons and The Venetian.

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Earlier this month, Sands China, opened the first phase of Sands Cotai Central, another casino resort also located on the Cotai Strip.

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Sheldon Adelson, the Las Vegas Sands Corp. chairman, recently opened the Sands Cotai Central, making it the 35th casino in Macau.

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The Sands Cotai Central, a casino resort, is scheduled to open in 2012 with 300, 000 square feet of gaming space and 5, 800 rooms from Holiday Inn, Sheraton and Conrad, said Mabel Wu, senior press officer at Sands China.

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The latest data from Macao shows September gaming revenues could grow 18% to 22% year-over-year, and the opening of the Sands Cotai Central Phase II on September 20 could introduce upside risk to that estimate, according to Nomura.

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On the face of it, Las Vegas Sands appears as the clear winner: the phased opening of 2, 000 additional rooms and 200 tables by the second quarter, coupled with a full year of Sands Cotai Central revenues should trickle down to the bottom line.

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