Las Vegas Sands IPO in Danger: Report

HONG KONG (TheStreet) -- Las Vegas Sands'(LVS Quote) Macau initial public offering could be in jeopardy.

The casino operator is struggling to secure $2 billion financing that would be used on stymied projects, Reuters reported Friday, citing bankers and analysts. Failing to complete these projects could put a damper on Las Vegas Sands' offering.

Previously, the company said it would complete the IPO by as early as November.

Shares of Las Vegas Sands dropped 1.8% to close at $16.51 on Friday.

Rival Wynn Resorts(WYNN Quote) saw much success with its Macau IPO earlier this month, and there has also been chatter that MGM Mirage(MGM Quote) might embark in a potential IPO in Asia.

-- Reported by Jeanine Poggi in New York

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