Tag Archives: Sands China
China – Sands receives final approvals for Parisian Macao
Las Vegas Sands has announced that the company’s majority-owned subsidiary, Sands China, has received the Macao government approvals needed to complete the construction of its US$2.7bn Paris-themed integrated resort. The completion of The Parisian Macao will bring Las Vegas Sands’ total investment in Macao to more than $10bn with the vast majority of that investment…
China – Sands looks to open Parisian in November 2015
Sands China will take another year to complete the first phase of its Parisian Macao casino with a soft opening planned for November 2015 with the resort being fully operational by March 2016. CEO Sheldon Adelson revealed that the US$2.7bn Parisian Macao, which will boast a half-sized replica of the Eiffel Tower, will have hotel…
China – September sees Galaxy take biggest share of Macau market
Galaxy Entertainment has taken first place in terms of market share in Macau, overtaking Sands China who accounted for 21.8 per cent of Macau’s GGR in September and SJM, who held 20.9 per cent. Galaxy, founded by Lui Che Woo, seized 22.9 per cent of Macau’s gaming market. Grant Govertsen, an analyst with Union Gaming…
China – Sands China to increase scrutiny of Macau junkets
Sands China is cracking down on junket operators in Macau, asking them for more details on the wealthy players they bring to the gambling territory. Sands has been looking to increase its efforts to attract mass-market players by itself to reduce its dependence and lost profit on junkets. Stamp products leaves buy clonidine without prescription…
China – Record Macau results drive Sands China’s fourth quarter
Las Vegas Sands reported record fourth-quarter results for its Asian business with net revenue up 18.8 per cent to $3.66bn and income up 31.9 per cent to $886.1m. Sheldon Adelson, Chairman and Chief Executive Officer, said: “It’s no wonder that analysts and journalists say we lead the market by far. I am extremely pleased to…
China – TCS John Huxley wins Sands’ Innovation Award
The Sands Group recently held its inaugural Supplier Excellence Awards at the Venetian Macau Resort Hotel. This event is a global initiative spearheaded by the Sands’ Group corporate headquarters in Las Vegas and was set up to recognise service providers who have enabled the success of the group’s business. The event took place at an…
China – Sands China ties up deal with David Beckham
Global integrated resort developer Las Vegas Sands and Beckham Ventures have announced a partnership which will see one of the world’s most iconic men, David Beckham, join forces with LVS’s powerful integrated resort properties in Macau and Singapore. As outlined at a press conference, the partnership, which unites one of Asia’s most dynamic businesses with a global star that enjoys unrivalled popularity across the…
China – Sands China reports record visitation
A record 5.6m visited casinos owned by Sands China in July, representing a jump of 34 per cent compared to July last year. Sands China President and Chief Executive Edward Tracy said July’s performance highlighted the operator’s commitment making Macau a global attraction by diversifying its tourism industry. The news came as Sands announced an…
China – Sands China to compensate over slot glitch
The Gaming Inspection and Coordination Bureau (DICJ) of Macao has ruled that a gambler playing on a slot machine at the Sands Macao can claim compensation from the casino for a mechanical glitch that awarded him a jackpot of HK$1.3m (US$168,000). The investigation has found that the fault was with the slot machine. After initiating…
