All six casino operators in Macau have now agreed to offer certain employees bonuses as Galaxy and Sands China step forward.
The new addition to Macau’s landscape will come as the city is still reeling from COVID-19.
The Cotai property could be ready by next year’s Chinese New Year.
The latest agreement pushes out to the beginning of January 2022 certain stipulations tied to a revolving credit line.
The Asian branch of Las Vegas Sands announces a pending senior notes offer, even though it has over $2 billion in liquidity.
Sands China’s current COO and President is going to lose one of his titles.
InterContinental Alliance Resorts and Sands China have negotiated a deal that will see The Venetian Macao and The Parisian Macao enter the group.
Sands China and Galaxy Entertainment joined the initiative of Macau's government to provide a better retirement plan for workers.
Police in Macau are investigating what is being suspected as the murder of a 41-year-old man at one of the most prestigious casinos in Southeast Asia.
While Sands China's moves were legitimate under the current circumstances, they expose the current fragile nature of debt-fueled global economy.