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October 30, 2009

Vegas Sands third quarter loss $123M

LAS VEGAS (AP) — Casino operator Las Vegas Sands Corp. said Thursday it lost more in the third quarter this year than last as gambling markets continued struggling and the company pressed ahead on developing a resort in Singapore.

The Las Vegas-based company led by billionaire Sheldon Adelson said it lost $123 million, or 19 cents per share, during the period that ended Sept. 30, compared with a loss of $32.2 million, or 9 cents per share, a year earlier.

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