{"id":777005651,"date":"2023-05-26T08:45:32","date_gmt":"2023-05-26T11:45:32","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777005651"},"modified":"2026-04-22T21:35:22","modified_gmt":"2026-04-23T00:35:22","slug":"las-vegas-sands-celebrates-completion-of-the-londoner-macao","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/las-vegas-sands-celebrates-completion-of-the-londoner-macao","title":{"rendered":"Las Vegas Sands celebrates completion of The Londoner Macao"},"content":{"rendered":"\n

The company also celebrated the start of its new 10-year gaming concession in the city.<\/p>\n\n\n\n\n\n\n\n

Macau.- Las Vegas Sands<\/strong> and Sands China <\/strong>have held a celebration at The Londoner Macao, commemorating the full completion of the Cotai property. “The Journey Begins” event also hailed the start of the casino operators’ new 10-year gaming concession<\/a>.<\/p>\n\n\n\n

During the event, Robert G. Goldstein<\/strong>, the chairman and CEO of Las Vegas Sands, said: “Sands China has delivered on Sheldon Adelson\u2019s vision through the ongoing development of Cotai. Where 250 acres of empty reclaimed land once sat, we have built one of the world\u2019s leading tourist destinations with an incredible future ahead of it.”<\/p>\n\n\n\n

The US$2bn Londoner project has opened in phases starting in February 2021<\/a>. The ‘British-themed’ complex has five hotels, collectively offering nearly 6,000 rooms and suites. Sands China’s president, Wilfred Wong Ying Wai<\/strong>, said the occupancy rate has consistently surpassed 90 per cent since travel restrictions associated with Covid-19 were lifted earlier this year.<\/p>\n\n\n\n

Wong noted that Sands China was pursuing approval from the Macau government for an additional hotel as part of its expansion plans for the Cotai Expo meetings facility at the Venetian Macao resort<\/a>.<\/p>\n\n\n\n

Last year, Sands China announced an investment of US$3.7bn (MOP30.2bn) in Macau over the next decade<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The company also celebrated the start of its new 10-year gaming concession in the city.<\/p>\n","protected":false},"author":176,"featured_media":20630,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Las Vegas Sands and Sands China celebrated the full completion of The Londoner Macao and the commencement of their new 10-year gaming concession. This milestone underscores Sands China's significant investment in the Cotai Strip, including a US$3.7bn commitment over the next decade, and its strategic focus on integrated resort development and market expansion within the region. The property has achieved over 90% occupancy post-pandemic, with plans for further expansion.","focusai_entities":"Las Vegas Sands, Sands China, Robert G. Goldstein, Sheldon Adelson, Wilfred Wong Ying Wai, Macau government","focusai_location":"Macau, Cotai","focusai_target_profile":"ceo_executive (1.0), regulator (0.9), compliance_legal (0.7), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Concession Impact","query":"What specific operational or financial obligations are stipulated in Sands China's new 10-year gaming concession that differ from the previous agreement, and how might these impact future profitability and governance frameworks?"},{"label":"Expansion ROI","query":"Given the US$3.7bn investment and plans for additional hotel capacity, what are the projected incremental GGR and NGR contributions, and what is the anticipated return on investment timeline for these expansion projects?"}],"footnotes":""},"categories":[157,16338],"tags":[1642,22894],"class_list":["post-777005651","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-las-vegas-sands","tag-the-londoner"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777005651","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777005651"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777005651\/revisions"}],"predecessor-version":[{"id":777005689,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777005651\/revisions\/777005689"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/20630"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777005651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777005651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777005651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}