Going forward, Las Vegas Sands plans to expand its operations in Cotai, which will boost its casino revenues that is riding the boom of a burgeoning middle class and a growing number of high net worth individuals (HNIs) who love to gamble.
Two Dutch-listed vehicles run by Kohlberg Kravis Roberts and by Apollo, which have high exposures to boom-era deals, have both reported drops of about a quarter in their net assets.