Sands says Singapore will not hurt Macau casino mkt

SINGAPORE Dec 21 (Reuters) - Las Vegas Sands, the world's No.2 casino operator by market capitalisation, does not expect its Singapore operations to cannibalise Macau's mass casino market, its Chief Executive Officer Sheldon Adelson said.

Adelson, who expects its Singapore operation to generate $1 billion in earnings before interest, tax, depreciation, and amortisation in its first year, also told reporters on Monday that business is returning to Las Vegas. (Reporting by Kevin Lim; Writing by Harry Suhartono; editing by Nopporn Wong-Anan)