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China slowdown fails to hurt Sands in Macau

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Sands China is predicting a better second half for its Macau operations, helped by improved transport on the mainland. Photo: Reuters
Bloomberg

Sands China, the Macau casino operator controlled by the American Sheldon Adelson, has not suffered any decline in revenue from high-stakes gamblers as the mainland's economic growth slows.

The firm's business is expected to be "very strong", and the second half is traditionally better than the first, chief executive Edward Tracy said. Mainland public holidays in the latter half of the year would boost growth, he said.

"We don't see anything on the horizon that's troubling," Tracy said.

Improved transport infrastructure on the mainland, including a high-speed rail network, will also have a positive effect, he said.

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