A casino chief has invested further in his company, pledging a multi-million dollar sum to the business despite the global financial crisis.
Las Vegas Sands chairman, chief executive and principal stakeholder Sheldon Adelson has put $475 million (£269 million) towards driving his firm on and said that the casino group's strategy remains "alive and well".
In a statement released by the organisation, which owns The Venetian Resort Hotel & Casino and Sands Expo and Convention Centre in Las Vegas, Mr Adleson revealed that the company continues to move forward despite the economic turmoil.
"My family and I are pleased to make an additional investment in Las Vegas Sands as the company advances its development plans both domestically and around the globe," explained the chief, who made the cash injection in convertible senior notes.
As well as the aforementioned Las Vegas-based properties, Las Vegas Sands owns Venetian Macao in Asia.
A casino chief has invested further in his company, pledging a multi-million dollar sum to the business despite the global financial crisis.