Las Vegas Sands, the casino operator that has led the development of Macau as a global gaming destination, is being investigated by the US Securities and Exchange Commission over its compliance with the Foreign Corrupt Practices Act, which prohibits bribing foreign officials.
The group, which owns the Venetian casino in Las Vegas and the Sands Macau, revealed in its annual report that it had received a subpoena from the SEC on February 9.
The news hit LVS shares, which fell almost 4 per cent in morning trading in the US.
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