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The Londoner Macao_David Beckham
Business

‘It feels like home’. David Beckham officiates at The Londoner Macao’s star-studded celebration

A-listers and top officials walked the red carpet at last night’s swanky festivities, commemorating the rebrand of Sands China’s latest integrated resort.

26 May 202329 May 2023
Sands China President Wilfred Wong BEYOND Expo 2023
Community

Sands China’s latest project aims to encourage local entrepreneurs

The goal of the Sands Resorts Incubation Centre is to give budding tech wizards a chance to try out their ideas in the real-world setting of a Sands property.

12 May 2023
Sands China Venetian Macao
Business

Sands China records US$1.27 billion in net revenues for the first quarter of 2023

Robert G. Goldstein, chairman and chief executive officer of Las Vegas Sands, Sands China’s controlling shareholder, said he was pleased to see recovery “accelerate during the quarter”.

20 April 20238 May 2023
Macao hotels
Business

Casinos are still the biggest draw for visitors to Macao, a leading hotelier says

Visitors to the territory over the long weekend don’t appear to have read the memo on Macao’s economic diversification.

12 April 202324 April 2023
Macao gaming executive Wilfred Wong
Business

‘We cannot just rely on gaming’. Top industry figure backs calls for diversification

Wilfred Wong, the president and executive director of Sands China, says the gaming concessionaire is already going in the ‘direction that the government wants us to go in’.

30 March 202310 April 2023
Macao tourism
Business

Foreigners make up a tiny fraction of Macao’s visitors and officials want that to change

Only 2 in every 100 visitors to Macao are international arrivals – a percentage that the hospitality sector hopes to boost.

16 March 202327 March 2023
Sands Resorts Macao
Business

Las Vegas Sands reports US$269 million net loss in fourth quarter

CEO Robert Goldstein remains ‘deeply confident’ in future of Macao and considers it an ideal market for additional capital investment.

27 January 202327 January 2023
One Bus Sands Macao
Community

More Macao-Hong Kong bus services resume

One Bus shuttle connects three Sands China properties in Macao with Jordan MTR Station in Kowloon via HZMB; 10 return trips daily.

17 January 2023
Macao blood donation
Community

Macao’s blood stock returns to normal after multiple donations

Health Bureau thanks hundreds who flocked to give blood after Covid-19 caused stocks to drop dangerously low.

16 January 202316 January 2023
Cotai Strip
Business

Macao’s six gaming operators applaud award of new concessions

All united in gratitude to the government – and make a point of underlining commitment to promoting Macao’s status as ‘a world centre of tourism and leisure’.

28 November 2022
Sands China Macau net revenues
Business

Sands China reports third-quarter net loss of US$472 million

CEO remains bullish in face of poor results caused by knock-on effects of Covid-19, says demand from customers still robust.

20 October 202220 October 2022
Macao PATA Gold Awards 2022
Tourism

Macao scoops four awards at PATA Gold Awards 2022

MGTO, IFTM, Sands China and Wynn Macau all picked for outstanding contribution to tourism in region’s most prestigious annual awards.

10 October 2022
China (Macao) High-quality Consumption Exhibition (CHCE)
Tourism

Major trade events postponed from September to December

Covid-19 forces First China High-quality Consumption Exhibition and Hengqin Global Bay Areas Forum to reschedule.

24 August 202224 August 2022
The Venetian Macao
Business

Sands China secures US$1 billion loan from parent company

LVS states it retains confidence in long-term growth potential of Macao but gaming revenues are fraction of pre-Covid numbers in early 2020.

12 July 202212 July 2022
Sands Shopping Carnival
City

Sands Shopping Carnival postponed

Extended activities including Karaoke King Singing Competition and Street Dance Competition are also postponed until further notice.

27 June 2022
Macao Covid-19 measures
Business

Gaming operators praise new gaming law’s opportunities

All six concessionaires united in praise for the government and optimism for the future of Macao’s economic mainstay.

22 June 202222 June 2022
Sands Shopping Carnival Wilfred Wong
Business

Sands Shopping Carnival returns for third consecutive year with 580 booths

First two events attracted more than 210,000 visitors combined; this year’s carnival includes karaoke contest, little kids’ cooking workshop and street dance competition.

1 June 20221 June 2022
Sands China President Wilfred Wong
Business

Sands China President hopes quarantine reduced to one week to attract Hong Kong visitors

The Londoner Macao’s 6,000-seat arena ready for action later this year; another ceremony on drawing board for property’s full opening.

31 May 202231 May 2022
The Venetian
Business

Sands China records first quarter US$336 million loss

Pandemic blamed for poor results; chief executive adopts bullish stance, pointing to strong demand once travel restrictions are eased.

29 April 202229 April 2022
Sands Gallery
Community

Sands China plans to promote local budding artists with its art gallery

New exhibition presents eclectic range of arts, ranging from Water Poon’s thought-provoking bowls to Romy Cheung’s creative fashion.

27 April 202228 April 2022
Galaxy Hotel Macau
Business

Galaxy cuts all ties with VIP junkets

Group reports good results with net revenues reaching HK$19.7 billion; hopes to open Phase 3 hotel and convention centre in Cotai by early 2023 latest.

24 February 202224 February 2022
Sands China
Business

Sands China severs ties with top junket promoters

Move comes as gaming industry gears up for new licence tenders later this year and increasing unease over possible legal liabilities.

8 February 202221 February 2022
Macau Gaming
Business

Operators welcome gaming industry amendment bill

All six operators united in their appreciation of the proposed changes, undertake to cooperate fully with the government.

17 January 202217 January 2022
Wynn Macau
Business

Wynn Macau to end junket agreements by year-end

Gaming operator looks to mass market for the future, with rival operation expected to follow suit.

21 December 202121 December 2021
Macau gaming
Community

Industry leaders foresee testing times ahead for Macao

Banking, gaming and medical sectors all face an uncertain future according to speakers at business forum.

9 December 202121 December 2021
Sands China
Community

Sands China staff reap new year bonus

More than 25,000 employees will get an extra month’s salary in January, a welcome cash boost at the end of a tough year for Macao.

3 December 20213 December 2021
Suncity Group stock shares
Business

Suncity Group Holdings’ shares crash to HK$0.13

Macao’s gaming operators also take a hit for the second day, suffering losses of up to 6.5% following Suncity CEO Alvin Chau’s arrest at the weekend.

1 December 20211 December 2021
Cotai
Business

Casino stocks plunge after junket mogul Alvin Chau’s arrest

MGM down 10%, Melco and Wynn lose 8%, SJM drops 8% and Galaxy and Sands China close down 5% at end of a tough day’s trading.

30 November 202130 November 2021
Business

Sands China records US$423 million loss in Q3 due to Covid-19

Integrated resorts like The Venetian and Four Seasons perform better but both Sands Macao and newly opened Londoner fare poorly.

21 October 202121 October 2021
Macao NAT
City

Integrated resorts staff face ‘jab or NAT’ ruling starting 25 October

Move by gaming operators follows government initiative for public workers; staff who fail to comply face ‘employment consequences’.

15 October 202126 October 2021
Venetian Macao Priority Passageway
City

Thousands head for 24-hour NAT station at The Venetian Macao

Integrated resort sets up temporary testing point with free parking to assist city’s mass testing drive.

6 October 20216 October 2021
Macau gaming
Business

Casino stocks ‘lose US$20 billion’ as government mulls tighter restrictions for gaming industry

Jitters caused by plans to put government officials on boards and criminalise underground banking.

16 September 202116 September 2021
Guangdong medical team
City

Sands China hosted Guangdong emergency medical workers

The 300-strong team stayed at an integrated resort while they provided much-needed expertise during last week’s mass NAT drive.

9 August 20219 August 2021
Sands Resorts Macao
Business

Sand Resorts Macao wins Best Resort in China

Integrated Cotai Strip resort hailed as best in the whole country granting supreme accolade to city’s tourism industry.

6 August 20216 August 2021
Project Sands X: Beyond the Blue
Culture

Sands China’s “Beyond the Blue” ceramics exhibition opens

Expo will run in conjunction with a similar show in upstate New York, and visitors will be able to experience both thanks to Virtual Reality technology.

16 July 202116 July 2021
Cotai strip
Business

Gaming revenues rise 1,014 per cent in April year-on-year

Last month’s growth indicated a recovery from last year’s casino takings. However, April’s revenues were still much lower than those in April 2019.

2 May 20212 May 2021
Venetian Las Vegas
Business

Sands sells Las Vegas properties for US$6.25 billion

Executives label the sale “bittersweet” while pointing to Macao and other parts of Asia as the focus for future investment.

4 March 20214 March 2021
Londoner Macao
Community

The Londoner Macao to open on 8 February

Sands China’s latest project, where the Sands Cotai Central integrated resort is being rebranded as The Londoner Macao, will open on 8 February.

22 January 202131 January 2021
discretionary allowance Sands Macao
Community

Sands China to pay ‘discretionary allowance’ to at least 26,000 staff

The discretionary allowance, equivalent to one month’s salary and capped at MOP 45,000, is to reward staff for their contributions last year.

22 January 202131 January 2021
Sheldon Adelson dies
Business

Sheldon Adelson, the billionaire who transformed Macao, dies at age 87

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. 

12 January 202129 January 2021
The Londoner Macao
Tourism

Sands eyes opening The Londoner Macao around Chinese New Year

The “reimagined” Sands Cotai Central, “The Londoner Macao”, will open progressively throughout next year starting in the first quarter, with the “official ceremony” set in early February.

16 December 202031 January 2021
Business

IPM presents findings of ‘gamblers’ fatigue’ study

The Centre for Gaming and Tourism Studies (CJT) of the Macao Polytechnic Institute (IPM) held a sharing session on “Gamblers’ Fatigue: The Evolving Trends of Gaming Behaviour among Gamblers” on its Taipa campus last week, presenting the latest research findings by a CJT research team headed by Prof Zeng Zhonglu, the public tertiary education institution said in a statement on Thursday.

27 July 202027 July 2020
Business

Sands China Ltd reports 98.1% net loss for 2020 Q2 compared to 2019

Sands China Ltd. reported a net loss of US$549 million for the fiscal second quarter, according to an announcement made on the Hong Kong Stock Exchange.

23 July 202025 July 2020
Sands Covid-19 Macao
City

Macao Liaison Office ‘appreciates’ Sands’ Covid-19 relief efforts

The Central People’s Government Liaison Office in Macao Administrative presented a certificate of appreciation to Sands China for its support of Covid-19 relief efforts

17 July 202029 March 2021
Business

Sands says it’s reducing staff, Londoner hotel and casino ready in September

Sands China President said that the US gaming operators has been reducing its number of employees by not renewing the employment contracts of some of them when they expire.

30 June 20201 July 2020
Business

Wilfred Wong to lead Sands China until 2024

The President of Sands China, Wilfred Wong, will remain in his position until February 20, 2024, a year more than the term initially approved by the gaming operator’s board.

23 June 202024 June 2020
Business

Sands expects US$1.48 billion net proceeds from senior notes issue

Sands China said today it estimates that the net proceeds from the offering of senior notes will be about US$1.48 billion (MOP 11.8 billion) and that it intends to use the net proceeds for incremental liquidity and general corporate purposes.

3 June 20203 June 2020
Community

Sands China vows to complete major project despite COVID-19

Sands China said in a statement this week it “believes it will be able to support its continuing operations, complete the major construction projects that are underway, and respond to the current COVID-19 pandemic challenges.”

3 June 2020
Business

Sands China to invest MOP 17.5 billion in 2020 and 2021

Sands China will maintain its plans for the near future and promises to invest MOP 17.5 billion (US$2.2 billion) between this year and the next.

22 May 202025 May 2020
Business

Adelson ‘gives up’ on Japan casino project

US gaming mogul Sheldon Adelson’s Las Vegas Sands has given up on its US$10 billion casino project in Japan, Fox Business reported on Tuesday.

14 May 202014 May 2020
Business

Sands China recommends no final dividend for the year ended December 31 2020

The board of directors of Sands China Ltd. announced that at the meeting of the Board held on April 17, members resolved not to recommend the payment of a final dividend in respect of the year ended December 31, 2019.

20 April 202020 April 2020
Business

Sands donates MOP 1.6 million to 33 elderly, rehabilitation centres to prevent COVID-19

Sands China is donating MOP 1.65 million to 33 elderly and rehabilitation centres indicated by the Social Welfare Bureau to assist them in tackling the spread of the COVID-19 and safeguard the health of their over 3,100 users. 

26 February 202027 February 2020
Business

Sands China donates MOP 1 million to 4 groups to help fight COVID-19

Sands China has donated 1 million patacas (US$125,000) to four social service organisations in the city to help them assist the community’s most vulnerable cope with the fallout from the COVID-19 epidemic.

25 February 202025 March 2020
Venetian Macao
Business

Sands China donates 30,000 hand sanitiser bottles to community groups

Sands China is donating 30,000 bottles of alcohol-based hand sanitiser gel to local community organisations as part of COVID-19 relief efforts.

25 February 202025 March 2020
Venetian Macao
Business

Sands China announces senior leadership changes

The company confirms senior management roles ahead of gaming concession renewal in 2022.

21 February 202022 February 2020
Business

29 of Macau’s 41 casinos back in business, 6th patient discharged

29 of the city’s 41 casinos will reopen for business today (Thursday), while the remaining 12 casinos have applied to defer reopening their doors.

20 February 202020 February 2020
Community

Sands China issues clarification on ‘misleading’ video

Macau gaming operator Sands China said on Wednesday that “regarding a recent video circulating on social media purporting to show Sands China’s current team member accommodations, Sands China wishes to clarify that the video in question was taken during a typhoon in the past and shows a temporary rest area prepared for team members on duty.”

19 February 202025 March 2020
Community

Sands donates 500,000 facemasks to government

Gaming operator Sands China donated 500,000 facemasks to the government to support its battle against the novel coronavirus pneumonia (NCP) epidemic.

12 February 202025 March 2020
Business

Macau gaming operators reduce plastic footprint, ditching straws

Gaming operators such as Sands China and MGM have pulled the last straw as part of their effort to reduce their plastic footprint.

4 January 2019
Business

Sands China net revenue strong in 2Q18

Sands China saw its net revenue soar 18% to US$2.11 billion in the three months to 30 June 2018, bolstered by a strong performance at the Venetian Macao and growth across all Macau properties.

26 July 2018
Business

Venetian’s net revenue rose 19.6 percent in 1Q18

Las Vegas Sands saw its revenue increase by 16.7 percent to US$3.58 billion in the three months to 31 December 2018, including a 17 percent increase from its Macau operations to US$2.16 billion.

27 April 2018
Business

Sands China 4Q net profit up 49.1% to US$519 million

Sands China said today net income in the fourth quarter of 2017 rose 49.1% year-on-year to US$519 million as the recovery in the Macau market accelerated.

25 January 201825 January 2018
Sands China to invest in The Londoner Macao
Business

Sands China to invest US$1.1 billion in The Londoner Macao and Four Seasons suites

Sands China will spend US$1.1 billion renovating its properties including turning the Sands Cotai Central into a London-themed resort over the next three years. Renovation works will begin in the second quarter of 2018. 

26 October 201726 October 2017
Sands China typhoon Hato relief
Community

Sands China to donate MOP 65 million for typhoon Hato relief

Gaming operator Sands China Ltd. said in a statement on Friday that it will donate MOP 65 million to assist with long-term relief, recovery and rebuilding efforts in Macau in the aftermath of Typhoon Hato.

4 September 2017
Sands China Clean the World
Business

Sands staff pack 35,000 hygiene kits for Philippines

About 300 Sands China employees and around 100 volunteers from local associations packed 35,000 hygiene kits that will be delivered to families in the Philippines

16 August 2017
Sands gaming results
Business

Las Vegas Sands posts 62 percent jump in 2Q profit on Macau and Singapore

Casino operator Las Vegas Sands Corp reported a year-on-year increase of 61.9 percent in net income in the second quarter of 2017 to US$638 million. The quarterly results were driven by strong performance at its Macau and Singapore subsidiaries, the firm announced on Wednesday.

27 July 201727 July 2017
Sands China Macau net revenues
Business

Sands China Ltd. net revenue increases by 15.3 percent in 2017 1Q

Sands China Ltd.’s (SCL) total net revenues increased 15.3 percent to US$ 1.88 billion in the first quarter of 2017, compared to US$ 1.63 billion in the first quarter of 2016.

27 April 201727 April 2017
Macau hotel rooms
Tourism

Sands sees no oversupply of hotels in Cotai

There is no oversupply of hotel rooms in Cotai, Sands China Senior Vice President Marketing and Brand Management Ruth Boston said on Monday, who is of the view that more developments in Cotai are attracting more visitors.

11 April 2017
Business

Gaming firms launch ‘Macau Loves Locals’ discounts

The city’s six gaming operators started yesterday an over month-long discount promotion campaign titled “Macau Loves Locals” during which locals

24 February 201610 March 2016
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