LVS Convention & Exhibition space in China

The China Stock Blog conveniently publishes transcripts of investor teleconferences for both mainland Chinese companies and those with strong interests in the region. Browsing through the Las Vegas Sands management team's recent comments in their Q4 earnings call, we noted CFO Scott Henry commenting that there would be event space at the Group's Hengqin Island development in Zhuhai, about 1 mile away from the Venetian Macao development. Their agreement with the local government, he said:

...would allow us to build between 40 and 50 million square feet of things. Those things could be anything from hotels, to second home apartments, to club houses to commercial facilities, we have built some convention, and some exhibition space there also...

Bill Weidner also comments that some of the expressions of interest for events in Macao on which we reported back in October are now being converted into signed contracts. "‘07 ‘08 are shaping up pretty well, particularly fall of ‘07", he says.