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.
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.
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”.
Visitors to the territory over the long weekend don’t appear to have read the memo on Macao’s economic 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’.
Only 2 in every 100 visitors to Macao are international arrivals – a percentage that the hospitality sector hopes to boost.
CEO Robert Goldstein remains ‘deeply confident’ in future of Macao and considers it an ideal market for additional capital investment.
One Bus shuttle connects three Sands China properties in Macao with Jordan MTR Station in Kowloon via HZMB; 10 return trips daily.
Health Bureau thanks hundreds who flocked to give blood after Covid-19 caused stocks to drop dangerously low.
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’.
CEO remains bullish in face of poor results caused by knock-on effects of Covid-19, says demand from customers still robust.
MGTO, IFTM, Sands China and Wynn Macau all picked for outstanding contribution to tourism in region’s most prestigious annual awards.
Covid-19 forces First China High-quality Consumption Exhibition and Hengqin Global Bay Areas Forum to reschedule.
LVS states it retains confidence in long-term growth potential of Macao but gaming revenues are fraction of pre-Covid numbers in early 2020.
Extended activities including Karaoke King Singing Competition and Street Dance Competition are also postponed until further notice.
All six concessionaires united in praise for the government and optimism for the future of Macao’s economic mainstay.
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.
The Londoner Macao’s 6,000-seat arena ready for action later this year; another ceremony on drawing board for property’s full opening.
Pandemic blamed for poor results; chief executive adopts bullish stance, pointing to strong demand once travel restrictions are eased.
New exhibition presents eclectic range of arts, ranging from Water Poon’s thought-provoking bowls to Romy Cheung’s creative fashion.
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.
Move comes as gaming industry gears up for new licence tenders later this year and increasing unease over possible legal liabilities.
All six operators united in their appreciation of the proposed changes, undertake to cooperate fully with the government.
Gaming operator looks to mass market for the future, with rival operation expected to follow suit.
Banking, gaming and medical sectors all face an uncertain future according to speakers at business forum.
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.
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.
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.
Integrated resorts like The Venetian and Four Seasons perform better but both Sands Macao and newly opened Londoner fare poorly.
Move by gaming operators follows government initiative for public workers; staff who fail to comply face ‘employment consequences’.
Integrated resort sets up temporary testing point with free parking to assist city’s mass testing drive.
Jitters caused by plans to put government officials on boards and criminalise underground banking.
The 300-strong team stayed at an integrated resort while they provided much-needed expertise during last week’s mass NAT drive.
Integrated Cotai Strip resort hailed as best in the whole country granting supreme accolade to city’s tourism industry.
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.
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.
Executives label the sale “bittersweet” while pointing to Macao and other parts of Asia as the focus for future investment.
Sands China’s latest project, where the Sands Cotai Central integrated resort is being rebranded as The Londoner Macao, will open on 8 February.
The discretionary allowance, equivalent to one month’s salary and capped at MOP 45,000, is to reward staff for their contributions last year.
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.
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.
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.
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.
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
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.
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.
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.
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.”
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.
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.
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.
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.
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.
Sands China is donating 30,000 bottles of alcohol-based hand sanitiser gel to local community organisations as part of COVID-19 relief efforts.
The company confirms senior management roles ahead of gaming concession renewal in 2022.
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.
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.”
Gaming operator Sands China donated 500,000 facemasks to the government to support its battle against the novel coronavirus pneumonia (NCP) epidemic.
Gaming operators such as Sands China and MGM have pulled the last straw as part of their effort to reduce their plastic footprint.
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.
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.
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.
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.
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.
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
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$638 million. The quarterly results were driven by strong performance at its Macau and Singapore subsidiaries, the firm announced on Wednesday.
Sands China Ltd.’s (SCL) total net revenues increased 15.3 percent to US$ 1.88 billion in the first quarter of 2017, compared to US$ 1.63 billion in the first quarter of 2016.
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.
The city’s six gaming operators started yesterday an over month-long discount promotion campaign titled “Macau Loves Locals” during which locals
