Macao Court Ruling Favors LVS

Las Vegas Sands Corp. announced that the Macao Intermediate Court has removed an interim injunction that had suspended the company's entitlement to operate a ferry service between Hong Kong and Macao. The CotaiJet service had been operating for just over a week and was offering service between Hong Kong's Macao Ferry Terminal at Shun Tak Centre and Macao's newly opened Taipa Temporary Ferry Terminal when it was suspended in mid-December. The plaintiff in the case had sued the Macao SAR Government seeking a review of the government's decision to grant LVS the right to operate a ferry service. That legal action suspended the effect of government's decision, which had the consequence of suspending LVS's ferry service until further determination of the merits of the claim.