Saying that Las Vegas Sands Corp has been "constantly" upgrading its forecasts for its Las Vegas operations, the company's Chairman and CEO, Sheldon Adelson, disclosed on Wednesday that it is likely that the company will raise $3-$4 billion through an array of fund raising options, including the initial public offering (IPO) of some of its Macau assets in Hong Kong.

In an interview with Reuters, the Adelson said that Las Vegas Sands - the world's largest casino firm by market capitalization - uncertain market conditions have forced the firm to presently shelve its plans of selling its Macau retail operations.

Adelson that Las Vegas Sands' business is improving at its singular Italian-themed Venetian resorts in Las Vegas and Macau, where it would probably re-commence the construction of its halted projects by the end of the year.

Elaborating further on the casino operators Macau sale plans, Adelson said: "We are looking at a Hong Kong Stock Exchange listing among 5 or 6 options." He added: "We are in the trough of the cycle so things are looking up."

The market is keeping a keen eye on the gaming operator's Marina Bay Sands project - more so as the $5 billion resort is being considered vital to the company's future scenario. Initially, the project scheduled for a 2009 fourth quarter opening.