{"id":777021600,"date":"2024-12-18T09:24:45","date_gmt":"2024-12-18T12:24:45","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777021600"},"modified":"2026-04-22T03:11:06","modified_gmt":"2026-04-22T06:11:06","slug":"sands-china-renews-shared-services-agreement-with-las-vegas-sands-for-one-year","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/sands-china-renews-shared-services-agreement-with-las-vegas-sands-for-one-year","title":{"rendered":"Sands China renews shared services agreement with Las Vegas Sands for one year"},"content":{"rendered":"\n

Las Vegas Sands will continue to provide Sands China with marketing and transportation services.<\/p>\n\n\n\n\n\n\n\n

Macau.- Sands China has announced through a company filing the renewal of its shared services agreement with its controlling shareholder, Las Vegas Sands (LVS) for one year until December 31, 2025.<\/p>\n\n\n\n

LVS will continue to provide Sands China in marketing, public relations, and management of integrated resorts with an annual cap set at US$12.4m for 2025. <\/strong>LVS will also continue to offer transportation services with a cap projected at US$12.6m.<\/p>\n\n\n\n

Sands China signs multiyear deal with the NBA<\/h2>\n\n\n\n

Earlier this month, Sands China signed a multiyear deal\u00a0with the National Basketball Association (NBA)\u00a0to bring the NBA China Games to Macau in 2025. The partnership will start with two preseason games between\u00a0the Brooklyn Nets and the Phoenix Suns\u00a0to be held at\u00a0The Venetian Arena<\/a>\u00a0on October 10, and October 12, 2025.<\/p>\n\n\n\n

Throughout the year, the NBA and the casino operator will host fan activities, community outreach and lifestyle events. There will be\u00a0an NBA Fan Day\u00a0in the week of the games, featuring celebrity performances and chances for fans to watch teams, celebrities and influencers in on-court activities and skill competitions. Before the games,\u00a0an NBA Flagship Store will open at The Londoner Macao, offering NBA merchandise from brands like Nike, Mitchell & Ness, New Era, Wilson and NBA Kids.<\/p>\n","protected":false},"excerpt":{"rendered":"

Las Vegas Sands will continue to provide Sands China with marketing and transportation services.<\/p>\n","protected":false},"author":176,"featured_media":18836,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Sands China has renewed its shared services agreement with controlling shareholder Las Vegas Sands (LVS) for marketing, public relations, integrated resort management, and transportation services until December 31, 2025, with annual caps of US$12.4m and US$12.6m respectively. Concurrently, Sands China announced a multiyear partnership with the NBA to host NBA China Games in Macau from 2025, including preseason games, fan activities, and an NBA Flagship Store at The Londoner Macao.","focusai_entities":"Sands China, Las Vegas Sands, LVS, NBA, National Basketball Association, Brooklyn Nets, Phoenix Suns, Nike, Mitchell & Ness, New Era, Wilson, NBA Kids","focusai_location":"Macau, China","focusai_target_profile":"ceo_executive (0.95), compliance_legal (0.8), operator_casino (0.9), marketing_crm (0.9), investor_analyst (0.95), journalist_researcher (0.9)","focusai_suggestions":[{"label":"NBA Partnership ROI?","query":"What is the projected return on investment for Sands China from the multiyear NBA partnership, specifically concerning non-gaming revenue uplift, new customer acquisition demographics, and brand equity enhancement within the Macau market?"},{"label":"Shared Services Impact?","query":"How does the renewed shared services agreement with Las Vegas Sands impact Sands China's operational leverage, cost structure, and related-party transaction disclosures, particularly given the specified annual caps?"}],"footnotes":""},"categories":[157,16338],"tags":[23906,21680],"class_list":["post-777021600","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-macau-casinos","tag-sands-china"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777021600","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=777021600"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777021600\/revisions"}],"predecessor-version":[{"id":777021626,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777021600\/revisions\/777021626"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18836"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777021600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777021600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777021600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}