（Macao, Special Administrative Region of the People’s Republic of
China -May 23, 2008) –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® CotaiJets™ 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).
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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™ in Singapore.
LVS is also creating the
Cotai Strip™, 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.