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Sands boss holds all the aces, as outdated TDC is sure to discover

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'In addition, we have secured a number of commitments from the largest and most important tradeshow organisers in the world and received dozens of tradeshow expressions of interest for our Venetian Macau convention and meeting facility.'

Las Vegas Sands Corp

First-quarter results statement

LAS VEGAS SANDS CORP is Sheldon Adelson, a pug ugly street-wise mogul from the slums of Boston who has become the new casino king of Macau and is set to send the shivers down the back of our Trade Development Council.

We may have him pegged as a casino operator, but that is not how he rose to prominence in the United States. He made his name as a trade show organiser and was the man directly behind the most successful trade show the world has ever seen, Comdex, the Computer Dealers Exposition.

At its peak in the 1990s, Comdex attracted 2,480 exhibitors and 212,000 attendees to Las Vegas. Mr Adelson then sold Comdex to Softbank of Japan, cashing out at the very top, thus confirming his reputation as a savvy entrepreneur and Softbank's as a loser.

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