Las Vegas Sands Sued for $12 Billion

This story was published more than 2 years ago.

Global casino resort company Las Vegas Sands is being sued for $12 billion in a Macau court by a former partner related to how the company got its gaming license.

Asian American Entertainment Corporation (AAEC) is the Plaintiff in the suit and is looking for 70% of Sands' profits arising from Macau between 2004 and 2022. The company claims that Sands breached a contract between the two parties.This lawsuit has been ongoing since 2007 and was initially filed in US court before being dismissed due to procedural reasons.

The lawsuit revolves around a failed partnership between the two companies, as Sands ditched AAEC for Galaxy Entertainment. The new partnership filed a new application that AAEC claims was nearly identical, and they feel this is a breach that's worthy of having a massive fee attached.

AAEC is led by Marshall Hao, who commented: "Asian American has been winning all major legal battles in the Macau lawsuit since we filed it in 2012...we are confident."

We're following this story and will be updating readers as we learn more.

About the author

Kingston Li // Asia Correspondent
Kingston Li
Kingston is a big fan of Baccarat and Texas Hold'em Poker and has tested his skills in tournaments around Asia and the world. He covers the latest gambling news from Asia for Casino Listings. In his spare time, Kingston enjoys hiking, video gaming, and playing disc golf.
2 replies • Last post


CL-Ed's picture
Location: Sydney
Joined: 7 Sep 2007
Posts: 10405
Thanks given: 6290
Thanks received: 5352
10 June 2021 - 8:10am

Wow. $12 billion is a lot of cheddar.

Always play it safe! Consult our list of rogue casinos and warnings before depositing at a new casino.
Post in our forums to earn CLchips which can be used to buy real prizes in our CLchips shop.

Forum AngelForum Angel
Location: The North
Joined: 6 Apr 2016
Posts: 3892
Thanks given: 344
Thanks received: 1139
12 June 2021 - 11:02am

12 billion is an insane amount of money, but as we can see the lawsuit has been ongoing for forever, so I believe it will take another couple of years to see any conclusion.