Las Vegas Sands stepping up junket supervision

Las Vegas Sands Corp. is stepping up scrutiny of Macau junket operators in a move that’s likely to reduce the number of middlemen working with the company, Bloomberg reported, citing unnamed sources. The operators will be asked to provide more information about their businesses to Sands as the company seeks to improve safeguards against money laundering and other wrongdoing, the company said. Sands is also seeking to meet demands by U.S. regulators and prosecutors who are clamping down on money laundering.