CORRECTED - UPDATE 1-Las Vegas Sands aims for more non-Chinese visitors

(Corrects headline, lead and seventh paragraphs to say that Sands hopes to generate 30 percent of its Macau revenues from non-Chinese customers, and removes reference to firm aiming to grow market share above 30 percent, from 22-24 percent now, after it completes sites five and six on the Cotai Strip. Also removes second bullet point)

* Las Vegas Sands says sees core profit in Macau up 15 pct

* Says investor reaction to HK IPO positive

By Sui-Lee Wee

HONG KONG, Nov 15 (Reuters) - Las Vegas Sands Corp (LVS.N), the world's most valuable casino operator, hopes to generate 30 percent of its revenues in Macau from non-Chinese customers after 2011 when it completes two stalled projects in the territory, an executive said.

The company also expects core profits from its Macau business to grow by 15 percent to $803 million in 2009, from $696 million in 2008, Steven Jacobs, chief executive officer of Sands China, told a news conference on Sunday.

Sands is set to raise up to $3.35 billion through an initial public offering of shares in its Macau business, according to sources with direct knowledge of the IPO.

The company is selling 1.87 billion shares at a price ranging from HK$10.38 to HK$13.88 per share, the sources said. [ID:nHKG221837].

Jacobs said investor reaction to its Hong Kong IPO had been extremely favourable.