Tagged the venetian macao

Macau casinos partially re-open after enduring eleven-day lockdown

July 25, 2022

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino openings, Gaming Industry News, Economy/Finance, Macau

Most of the 37 casinos in Macau reportedly re-opened for limited business from Saturday morning following the completion of an eleven-day lockdown instituted after a large number of locals tested positive for c...

Las Vegas Sands Corporation records second-quarter net loss of $290 million

Adam Morgan

July 21, 2022

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

American casino operator Las Vegas Sands Corporation has released its second-quarter unaudited financial results showing that its net loss for the three-month period rose by slightly over 51% year-on-year to hi...

Sands China Limited remaining optimistic despite credit utilization

Adam Morgan

April 5, 2022

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

In Macau and the local Sands China Limited subsidiary of American casino operator Las Vegas Sands Corporation has reportedly announced that it has accessed $201 million from its various credit facilities for ‘g...

Las Vegas Sands Corporation in talks regarding new Asian casino resort

Adam Morgan

March 14, 2022

Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Industry News, Licenses, Asian Casino News, Mergers, Acquisitions & Partnerships

The boss for American casino operator Las Vegas Sands Corporation has reportedly announced that his firm is in negotiations with ‘a major country’ in Asia regarding the possible development of a new gambling-fr...

Sands China Limited cancels Macau deals with ‘three primary’ junkets

Adam Morgan

February 7, 2022

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Money Laundering, Economy/Finance, Licenses, Macau, Mergers, Acquisitions & Partnerships, Crime

American casino operator Las Vegas Sands Corporation has reportedly announced that its Sands China Limited subordinate terminated cooperation agreements in December with a club of ‘three primary’ Macau junket e...

Coronavirus-related third-quarter disappointment for Sands China Limited

Adam Morgan

October 21, 2021

Casino News, Latest Casino and Gambling 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

Casino News, Latest Casino and Gambling 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

Casino News, Latest Casino and Gambling 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

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

Casino News, Latest Casino and Gambling 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...