Sands China Ltd has reported total net revenue of $672 million for Q4 2020, a 70% decline from $2.24 billion for the same period in 2019.
Business
The decline reflects the sharp fall in the fortunes of the city’s casinos.
Las Vegas Sands Corp. named acting Chief Executive Officer Robert Goldstein as permanent CEO following the death of Sheldon Adelson.
Guangdong province, in South China, will accelerate the development of the intercity railway network in the Guangdong-Hong Kong-Macao Greater Bay Area to help boost the local economy.
Macao’s consumer price inflation rate amounted to 0.81 per cent last year, one of the lowest in recent years.
The financial reserves of the Macao Special Administrative Region (MSAR) stood at MOP 620.1 billion (US$77.7 billion) at the end of November last year.
Macao entrepreneurs Xenia Wong and Simpson Lee transformed O.N.E luxury leather handbag line into a 100 per cent vegan operation in August 2020, proving that you don’t need animal leather to be stylish.
The total number of residential property sales in Macao dropped 18.1% year-on-year, which shows a “significant” contraction.
Casino tycoon and American political mega-donor Sheldon Gary Adelson died last night following complications related to treatment for non-Hodgkin’s lymphoma. He was 87.