Tagged Sands China

Sands China and MGM China Holdings contribute to Typhoon Hato relief efforts

August 28, 2017

Last week, Macau was in the path of Typhoon Hato, a massive tropical storm that ripped through the area damaging casino resorts, homes and businesses. The storm saw winds of more than 124 mph and much of Macau ...

Court rules LVS must go to trial in Macau concession case

Lars Jones

August 23, 2017

Latest Casino and Gambling News, Macau, Fines, Lawsuits & Litigation

Local media are reporting that Macau's Court of Second Instance has determined that Las Vegas Sands Corp (NYSE: LVS) must go to trial to defend an alleged breach of contract related to their 2002 gaming concess...

AL Committee votes in favor of smoking lounges in Macau casinos

K Morrison

March 15, 2017

Latest Casino and Gambling News, Macau

The Law on Prevention and Control of Tobacco Smoke and possible exceptions to the smoking ban in Macau casinos were the topics of discussion at the 10th meeting of The Second Standing Committee of the Legislati...

Macau casinos share prices drop as China increases scrutiny over capital outflows

Renee Kingsley

January 4, 2017

Latest Casino and Gambling News, China, Economy/Finance, Macau

Macau’s casino industry went through a major slump resulting in 26 consecutive months of gross gaming revenue (GGR) decline which ended in August 2016. The industry since then has shown signs of recovery as GGR...

Sand’s $3 billion Parisian Macao Casino opens Tuesday with special discounts for locals

Renee Kingsley

September 12, 2016

Latest Casino and Gambling News, Casino openings, Casino project updates, Macau

Las Vegas Sands Corp’s (LVS) Parisian Macau will finally open its doors to the public on September 13 and Sands China, a subsidiary of the LVS has planned a number of exciting events for the grand opening. The ...

Billionaire Sheldon Adelson Says Macau casino industry has started to recover

Renee Kingsley

July 27, 2016

Latest Casino and Gambling News, Casino openings, Economy/Finance, Macau

Macau’s casino industry has been in a slump for the last 25 months, but stocks rallied across the board this week. Las Vegas Sands Chairman and billionaire Sheldon Adelson recently announced that their Chinese...

Macau real GDP still contracting; 2017 growth to begin repair

Martin Chua

June 21, 2016

Latest Casino and Gambling News, Economy/Finance, Macau

A forecast published in London yesterday by the Economist Intelligence Unit (EIU) predicts that real Gross Domestic Product for Macau will continue to shrink this year, but at a much slower rate, while gains fo...

Sands China misses analyst earnings predictions but Sheldon Adleson remains confident over recovery

Renee Kingsley

April 21, 2016

Latest Casino and Gambling News, Las Vegas, China, Casino project updates, Economy/Finance, Macau

The Las Vegas Sands Corp is the biggest casino enterprise in the world and derives a significant portion of its revenue from its Macau based subsidiary, the Sands China Ltd. However the collapse of the Macau ca...

MGM and Wynn Macau have stopped providing free shuttle access from March 1

Renee Kingsley

April 14, 2016

Latest Casino and Gambling News, Economy/Finance, Macau

A couple of years ago it would have been inconceivable to think that visitors to Macau would have to pay for a shuttle ride from the ferry terminal to any one of Macau’s casinos. Casinos were happy to invest in...

Macau casino gaming revenues continue to decline

Sadonna Price

April 3, 2016

Latest Casino and Gambling News, Economy/Finance, Macau

The latest reports of gaming revenues from Macau show the gambling city continues to fall short of revenue estimates, with 22 consecutive months of declines. The Macau Gaming Inspection and Coordination Bureau ...

Over 600 new employees to be hired at Parisian Macao Resort

Sadonna Price

March 27, 2016

Latest Casino and Gambling News, Casino project updates, Macau

The Parisian Macao is currently under construction in Cotai and once finished, will be in need of employees to fill a variety of positions. Sands China Ltd has now announced they have hired over 600 individuals...

Career development program launched by Sands China

Sadonna Price

March 10, 2016

Latest Casino and Gambling News, Employment & Careers, Macau

1,000 of the Sands China Ltd staff will now have the opportunity to take part in a new career development program offered by the company. The program was created to provide casino employees the option to take o...

Macau casino employees seeking salary increase via city government

Sadonna Price

March 2, 2016

Latest Casino and Gambling News, Economy/Finance, Macau, Labor Relations

Casino workers located in Macau would like to see a salary increase for their efforts. Employees are represented by various associations who have now asked the city government to help persuade operators of casi...

Sands announces Parisian Macao Eiffel Tower may open sooner than expected

Sadonna Price

February 28, 2016

Latest Casino and Gambling News, Casino project updates, Macau

The Parisian Macao is constructing a replica of the Eiffel Tower, of half-size, with the entire property project having a price tag of $2.7 billion. The tower may be ready before September, according to an anno...

Adelson confident that Parisian will follow Venetian Macao’s success

Alex Lanter

February 23, 2016

Latest Casino and Gambling News, Casino project updates, Economy/Finance, Asian Casino News, Macau

Sheldon Adelson, chairman and chief executive of well established Macau operator Sands China Ltd, expressed confidence that the company’s latest project in the hub would be as successful as its sister facility ...