Tag Archives: sands china
- Macau casinos extend revenue winning streak to one year
August 1, 2017
Macau casinos have now grown their gaming revenue for 12 consecutive months, as VIP gamblers continue to migrate back to their traditional home. Figures released Tuesday by Macau’s Gaming Inspection and Coordination Bureau (DICJ) show July’s gaming revenue hitting MOP 23b (US $2.86b), a 29% gain over the same month...
- Venetian Macau pulls the plug on Neptune junket
June 2, 2017
Venetian Macau has cancelled the right of one of Neptune Group’s junket partners to run high roller tables on the integrated resort’s casino floor, the junket operator revealed. The Hong Kong-listed casino junket operator has rights in sharing profit streams from four junket businesses in Macau: Hou Wan, Neptune Ouro,...
- Sands China CFO quits after 4 months: report
February 6, 2017
Four months on the job, and one of Sands China’s key executives has already called it quits. Last week, South China Morning Post reported that Stephen Law Cheuk-kin resigned from his position as chief financial officer of the Macau casino operator. A spokeswoman for the Hong Kong Stock Exchange-listed Sands...
- Sands China announces pay raise for 28,000 staff
January 27, 2017
Sands China may be late in the “bonus” game, but it is making sure that it’s worth the wait. On Thursday, the Macau casino operator announced that it is giving not just a pay raise, but also a special bonus to eligible staff, GGRAsia reported. In its announcement, Sands China...
- Macau clears Sands, MGM from smoking law breaches
November 21, 2016
Macau government has let Macau-based casino operators Sands China Ltd. and MGM China off the hook from alleged violations of the territory’s anti-smoking law. In a statement released on Friday, Macau’s Health Bureau has dismissed the complaints against Sands China and MGM, saying that the two casino operators were found...
- Adelson shifts bet to Europe, Asia as Macau loses economic luster
September 14, 2016
As if learning from his experience in Macau, casino magnate Sheldon Adelson is no longer putting all his eggs in a single basket. Bloomberg reported that Adelson is now seeking investment opportunities outside Macau as he no longer finds the former Portuguese enclave economically attractive. While he has some ideas...
Dragon Corp. wants to bring blockchain to Macau’s casino floors
September 25, 2017
Parisian Macao battling Legionnaires’ Disease outbreak
April 25, 2017
Sheldon Adelson loses $622m, likely under the sofa cushions
March 22, 2017