Las Vegas Sands
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Las Vegas Sands

Las Vegas Sands
Las Vegas Sands
Las Vegas Sands is a US casino group, with resorts in the United States and Asia, including two luxury resorts on the Las Vegas Strip. In Asia, it owns the Marina Bay Sands in California, and several properties in Macau. Sands China’s assets include The Venetian Macao, Sands Macao and The Plaza Macao.
A man was sentenced to six days’ jail after he molested a woman in a lift at Marina Bay Sands in Singapore. Photo: Instagram/marinabaysands
Singapore

Man offers cash, apology after groping woman while with wife in Singapore lift

Chinese national Hu Guisheng was handed a six-day jail term over the March 8 incident at Marina Bay Sands.

NBA

NBA China Games: Celtics, Trail Blazers thrown into mix of teams coming next

NBA

NBA’s deal with Macau marks end of 5-year China exile, Nets, Suns heading to city

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Macau

Macau casinos hit the jackpot as return of mainland tourists fuels revenue surge

The return of mainland Chinese tourists boosted Macau casino revenues to 15.6 billion patacas (US$1.93 billion) in May, more than four times what they earned a year ago.

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Tourists at the ruins of Saint Paul’s in Macau during the ‘golden week’ holiday in May this year. The latest revenue figures bolster a market consensus that casinos’ earnings are likely to beat expectations this year. Photo: AFP
Casinos

Macau extends casino licences for 6 months to pass gambling law

The extension gives Macau’s legislature time to pass a new gambling law to regulate the world’s most lucrative casino enclave, after the biggest overhaul of betting regulations in two decades in January.

Las Vegas Sands Corp

With Asia in focus, Las Vegas Sands sells Venetian, Sands Expo for US$6.25 billion

Sands said on Wednesday that Asia is where the company’s focus will remain. “Asia remains the backbone of this company and our developments in Macau and Singapore are the centre of our attention,” said Chairman and CEO Robert Goldstein.

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Macau

Las Vegas Sands explores sale of US casinos to focus on Macau, Singapore

Las Vegas Sands is exploring the sale of its casinos in Las Vegas, a move that would mark billionaire Adelson’s exit from the US gambling industry.

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The Venetian Macao resort and casino, a property operated by Sands China in the world’s biggest gambling hub. Photo: Bloomberg
Singapore

Singapore’s Marina Bay Sands casino reviews transfers of gamblers’ money

The casino, owned by Sheldon Adelson’s Las Vegas Sands Corporation, has hired a top Singapore law firm to look into employee transfers of over US$1 billion.

Macau

Will American-run Macau casinos lose Chinese clients after WeChat ban?

The popular social messaging app is a critical communication tool for American operators in the city and their patrons in mainland China.

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Macau

Macau’s April gambling revenue falls 97 per cent amid travel bans

The coronavirus outbreak has been mostly contained in Macau as well as in neighbouring Hong Kong and mainland China, but restrictions on travel make it almost impossible for tourists and high rollers to show up to place their bets.

Near-empty gambling tables at the Grand Lisboa casino in Macau on 20 February 2020. Photo: Handout
PGA Tour

Mickelson says his bad diet led to him developing arthritis in 2010

The hall-of-famer, in Macau to lead a coaching workshop, was known for his bad diet during the most successful years of his career and hopes to turn around a poor spell of form in Shanghai next week.

Phil Mickelson pictured during the Sands Pro-am Invitational at the Macau Golf and Country Club. Photo: Paul Lakatos/Lagardere Sports
Macau

Sands China unveils The Londoner as part of US$2.2 billion Macau expansion plan

Sands China last week unveiled plans to upgrade the 1,200-room Holiday Inn at Sands Cotai Central in Macau, rebranding it as The Londoner, a destination resort in line with its other European city-based brands, The Venetian and The Parisian.

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Luxury & Gaming

Sands China president Edward Tracy set to retire amid turbulent times for Macau

Macau’s biggest casino operator Sands China has announced that president and chief executive Edward Tracy will retire on March 6.

Edward Tracy has been the chief executive of Sands China since July 2011 and its president since August 2010. Photo: Gary Mak

Mass-market gamblers boost Sands China profit

Sands China, the Macau casino operator controlled by Sheldon Adelson, posted a 50 per cent gain in first-quarter profit as its resorts drew more mass-market gamblers in the world's biggest casino market.

Las Vegas Sands Corp Chairman Sheldon Adelson. Photo: Reuters

Sands steps up scrutiny of Macau casino junkets

Las Vegas Sands is increasing its scrutiny of Macau junket operators in a move that may lead to a shake-out among the middlemen who account for two-thirds of the betting in the world's largest gambling market, a person familiar with the matter said.

Sands willing to bet US$10b on Japanese casino market

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Casino giant Sands drops plan for EuroVegas resort in Spain

Las Vegas Sands, the casino company controlled by billionaire Sheldon Adelson, has abandoned a plan to build a mega resort in Spain for more than US$30 billion and will focus on Asia instead.

Sheldon Adelson

Hong Kong businessman a step closer to US$70m jury award from Sands

A Nevada judge on Tuesday denied Las Vegas Sands’ request to throw out a jury verdict awarding former consultant Richard Suen of Hong Kong US$70 million in a breach-of-contract case.

Update | Macau unit powers jump in Sands profit

Las Vegas Sands' success continued in Macau, helping it more than double its net income in the second quarter. But growth was tepid in Las Vegas, and Wall Street expected stronger results overall.

Macau

Tiny Macau remakes gambling world and Las Vegas

Every month, 2.5 million tourists flood Macau to try their luck. Photo: AP
Macau

China's currency controls fuel Macau crime, Nevada gaming boss says

A pedestrian walks by an ad for a casino in Macau, where a Nevada gaming official says money laundering is rife. Photo: Bloomberg

Adelson's Las Vegas Sands asks US court to scrap US$101.6m Suen verdict

Sands, in a filing on Friday in Nevada state court in Las Vegas, argued that the jury awarded the damages for services rendered to Round Square, Richard Suen's company, rather than to Suen himself.

Richard Suen wins US$70m from Las Vegas Sands in Macau dispute

Hong Kong businessman Richard Suen Chi-tat has been awarded US$70 million by a jury in the United States for his help in obtaining a Macau casino licence for Las Vegas Sands more than a decade ago.

Macau

Sands denies Beijing gave help on Macau casino license application

A lawyer for Las Vegas Sands Corporation said the Chinese government had no part in the awarding of gaming licences in Macau for the casino operator controlled by billionaire Sheldon Adelson more than 10 years ago.

Sheldon Adelson

Sands trial over Macau licence fee nears conclusion

Macau is a key part of Las Vegas Sands' operation. Photo: Bloomberg
Macau

Wealthy mainlanders drive Macau casino revenue up 13pc

Revenue in the world's largest gaming hub reached 28.3 billion patacas, the second-highest monthly figure this year, after the record 31.3 billion patacas in March.

Mogul back on stand to fight US$328m suit

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