06/09/21 AAEC’s US$12bn lawsuit against Las Vegas Sands to resume Asian American Entertainment Corporation (AAEC) is suing Las Vegas Sands for over US$12m. The trial will resume next week.
06/04/21 Sands expects The Londoner to see similar revenue to The Venetian Las Vegas Sands’ CEO has said the company’s London-inspired casino resort has the potential to reach the same performance levels as The Venetian.
06/03/21 Sands China and Galaxy lead Macau GGR in Q1 According to analysts at financial services firm Deutsche Bank, Sands China and Galaxy together accounted for 45.3 per cent of Macau GGR in the first quarter of the year.
05/13/21 Sands China occupancy reaches 90% over Labour Day break Sands China’s president, Wilfred Wong, has revealed that the occupancy rate and tourist spending was up during the Labour Day break.
04/23/21 Sands China reports revenue of US$771m for Q1 Sands China has seen revenue start to recover, with the premium-mass segment reaching half pre-Covid-19 levels.
04/16/21 Sands China decries gambling site using its brand Sands China has denounced a gambling website operating under the name of “Sands Macao”.
02/24/21 Macau gaming stocks reach two-month high Macau casino stocks have risen nearly 12 per cent following the announcement of quarantine-free travel from mainland China.
01/29/21 LVS CEO: “I can’t wait to invest US$10bn in Macau” Las Vegas Sands’ new CEO will honour the company’s late founder’s wishes and increase investment in Macau if authorities require it for the 2022 tender.
01/27/21 Sands China’s new CEO and chairman takes the helm After the death of the company’s founder, Sheldon Adelson, Robert Goldstein has taken up his position as CEO and chairman.
01/22/21 Sands China to open The Londoner on February 8 The date of The Londoner’s inauguration was announced at a rally attended by 2,000 members of staff.
01/14/21 Sands China remains solid after Adelson’s passing away Analysts believe major changes are unlikely following to the founder’s death since the transition had been well-anticipated and planned.
01/08/21 Sheldon Adelson takes leave for cancer treatment Sands current president and COO Rob Goldstein will replace Adelson while he is on leave.
01/08/21 Adelson leave will not impact Sands China operations Several analysts said the absence of the founder of LVS and Sands China will not impact gaming operations.
12/11/20 Sands China renews services agreement with LVS The renewal is for three years starting in 2021, extending beyond the casino licence tenders due in 2022.
11/26/20 Londoner Macau to open in February 2021 Sands China has invested US$2bn in revamping Sands Cotai Central. It plans to finish the façade by December.