Las Vegas Sands pays $9m penalty to resolve SEC case

Casino operator Las Vegas Sands has paid a $9m penalty to settle a case relating to its business activities in Macau and China. The Securities and Exchange Commission (SEC) has closed its investigation into the company after more than five years. The investigation found that LVS kept inaccurate books and records and frequently lacked supporting documentation or proper approvals for more than $62m in payments to a consultant in Asia between 2006 a...