Las Vegas Sands cuts jobs, suspends construction in Macau

Las Vegas Sands' Venetian Macau has cut 500 jobs and plans to reduce staff working hours as part of a plan to lower costs. The company has also suspended construction at two sites in Macau's Cotai area. The number of visitors to Macau's casinos and hotels has declined because mainland China authorities have tightened restrictions to the former Portuguese enclave.

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