Owner welcomes mass footfall and increased spend in hotels, casinos and malls and looks forward to a busy summer as tourism industry revives.
SCL
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.
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.
Representatives of Macau’s six gaming operators said on Wednesday they believed the share of income from their non-gaming businesses in their total revenue will continue to rise.
