Tagged the venetian macao

Coronavirus-related third-quarter disappointment for Sands China Limited

October 21, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau, Singapore

Macau casino operator Sands China Limited has reportedly recorded a net loss of $423 million for the three months to the end of September as it continues to deal with the turmoil caused by the ongoing coronavir...

Macau records significant drop in third-quarter VIP baccarat gaming revenues

Adam Morgan

October 19, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau

The 41 casinos in Macau reportedly saw the share of aggregated third-quarter gross gaming revenues they amassed from VIP baccarat players decrease by some 16.4% year-on-year to just over $737.7 million. Acco...

August results for Sands China Limited hurt by coronavirus-related travel restrictions

Adam Morgan

September 9, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau

In Macau and local casino operator Sands China Limited has reportedly announced that its net loss for August almost doubled month-on-month to hit $125 million as a direct result of the implementation of new cor...

Las Vegas Sands Corporation facing $12 billion lawsuit in Macau

Adam Morgan

June 9, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Licenses, Macau, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation

In Macau and Las Vegas Sands Corporation is reportedly facing a $12 billion lawsuit over allegations tied to its receipt of a casino license in the world’s biggest gambling hub some two decades ago. Accordin...

Sands China Limited experiencing premium-mass gaming revenues recovery

Adam Morgan

April 22, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Licenses, Macau, Mergers, Acquisitions & Partnerships

In Macau and local casino operator Sands China Limited has reportedly announced that its gross gaming revenues from the premium-mass segment have been recovering and currently stand at around 50% of their pre-p...

Sands China Limited denying any involvement with Asian iGaming domain

Adam Morgan

April 15, 2021

Latest Casino and Gambling News, Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, The Players Lounge, Unlicensed Operation, Online Gambling News, Macau, Crime

In Macau and local casino operator Sands China Limited has reportedly been forced to issue a statement distancing itself from any connection to an Asian iGaming domain being marketed using the trademarked name ...

Las Vegas Sands Corporation eyeing future Asian investments

Adam Morgan

March 12, 2021

Casino Sales, Latest Casino and Gambling News, Casino News, Casino expansion projects, Gaming Industry News, Economy/Finance, Licenses, Online Gambling News, Macau, Mergers, Acquisitions & Partnerships, Singapore

A little over a week after inking deals to exit the American casino market and Las Vegas Sands Corporation has now reportedly announced that it will be turning its attention fully to Asia and possibly invest mo...

Macau records disappointing January gross gaming revenues

Adam Morgan

February 1, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau

The almost 40 casinos in Macau are reportedly continuing to be negatively impacted by the coronavirus pandemic as they saw aggregated gross gaming revenues for January decrease by some 63.7% year-on-year to sli...

Las Vegas Sands Corporation may soon be forced to spend big in Macau

Adam Morgan

January 28, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Licenses, Macau

The newly-appointed Chairman and Chief Executive Officer for prominent casino operator Las Vegas Sands Corporation, Robert Goldstein, has reportedly detailed that his firm may soon be obliged to spend up to $10...

Sands China Limited inks shared services agreement extension

Adam Morgan

December 11, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships

In Macau and the Sands China Limited subsidiary of casino operator Las Vegas Sands Corporation has reportedly renewed the shared services agreement it holds with its giant American parent. According to a rep...

Sheldon Adelson remaining upbeat on Macau and Las Vegas futures

Adam Morgan

October 22, 2020

Latest Casino and Gambling News, U.S.A., Las Vegas, Casino News, Casino expansion projects, Gaming Industry News, Economy/Finance, Macau, Singapore

The billionaire boss of American casino operator Las Vegas Sands Corporation has reportedly expressed optimism regarding the post-coronavirus futures of the gaming markets in Las Vegas and Macau. According t...

Sands China Limited records second-quarter earnings deficit

Adam Morgan

July 23, 2020

Latest Casino and Gambling News, Economy/Finance, Asian Casino News, Macau, Mergers, Acquisitions & Partnerships, Singapore

The Sands China Limited subordinate of American casino operator Las Vegas Sands Corporation has reportedly announced that its aggregated net income for the three months to the end of June plummeted by over 200%...

Sands China Limited details coronavirus financial consequences

Adam Morgan

April 23, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau

In Macau and the Sands China Limited subsidiary of American casino giant Las Vegas Sands Corporation has released its unaudited first-quarter financial results showing that it experienced a decline of 65.1% yea...

Las Vegas Sands Corporation aborts dividend program amid coronavirus concern

Adam Morgan

April 17, 2020

Latest Casino and Gambling News, U.S.A., Casino News, Casino expansion projects, Casino closures, Gaming Industry News, Economy/Finance, Macau, Singapore

American casino operator, Las Vegas Sands Corporation, has reportedly announced the suspension of its dividend program for 2019 so as to give it ‘maximum optionality’ in securing returns following the end of th...

Coronavirus consequences still hurting Macau at Easter

Adam Morgan

April 14, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau

The first three days of the recent Easter holiday period reportedly saw Macau welcome less than 900 tourists as measures put into place to stop the spread of the potentially-lethal coronavirus pandemic continue...