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.
09/15/20 Sands China renegotiates credit terms The Chinese arm of Las Vegas Sands had already asked for lending conditions to be relaxed once due to the Covid-19 pandemic.
08/09/20 Londoner to open “when visitation shows increase” Sands China’s US$2.2bn new hotel will be finished by the third quarter of 2020.
07/23/20 Sands China revenue down 98% in Q2 Net revenue at Las Vegas Sands casino and resort in Macau reached a mere US$40 million between April and June.
06/30/20 Coronavirus won’t delay Sands Cotai opening Phase one of the complex and hotel will be ready by September 2020.
