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Industry
May 12, 2025
Sands China & GMTCM Sign Big Health Tourism MoU
Las Vegas Sands’ Macau-facing subsidiary, Sands China, has teamed up with Guangdong-Macau Traditional Chinese Medicine Technology Industrial Park Development (GMTCM) to integrate Big Health tourism across Macau and Hengqin. To that end, the two parties have signed a Memorandum of Understanding to cooperate and leverage Macau’s position as a tourism center to promote health tourism. […]
Industry
April 1, 2025
Sands China Repays $1B Debt to Las Vegas Sands 3 Years Earlier
Sands China confirmed that it has enjoyed a strong financial performance throughout 2024, which has allowed it to move ahead with a few loose payments earlier than expected. The company has confirmed that it has repaid a subordinated unsecured term loan of $1 billion to its holding company, Las Vegas Sands. Sands China Repays Debt […]
Business
August 26, 2024
Sands China Eyes Dividend Restart in 2025, Suggests Analyst
A buyout of minority shareholders’ interest in Sands China or a potential delisting from the Hong Kong Stock Exchange is unlikely, an expert suggested while discussing current and future prospects for the popular Macau casino operator. Seaport Research Partners’ analyst, Vitaly Umansky, cited talks with Sands China’s parent company, Las Vegas Sands Corp from the […]
Business
December 6, 2023
Las Vegas Sands Corp Increases Stake in Sands China Ltd Amidst Market Downturn
Las Vegas Sands Corp (LVS) is strategically adjusting its position to boost its holdings in its Macau subsidiary, Sands China Ltd. A Hong Kong Stock Exchange filing revealed that the company’s controlling shareholder, LVS, intends to engage in a share purchase transaction with an undisclosed financial institution. Sands China hopes for enduring success in the […]
Industry
May 25, 2023
Sands China Ready to Build a New Hotel Tower at the Venetian Macau
In December 2022, Sands China announced it signed a $377 million brand licensing renewal agreement with Las Vegas Sands (LVS) for the upcoming three years. The agreement that went into effect on January 1, 2023, will allow Sands China to use the fresh international trademark license agreement to offer its subsidiaries including Venetian Orient Ltd […]
Casino
April 5, 2023
LVS: 2022 ESG Report Shows Business on Track for 2025 Goals
Developer and operator of casino resorts around the world, Las Vegas Sands (LVS), outlined what progress the business registered on its environmental, social and governance (ESG) objectives set out for the 2021-2025 period in its 2022 (ESG) report. The 2022 ESG report tracks the progress on the ambitious goals LVS has set out for its […]
Business
January 2, 2023
Sands China Set to Hand Out Discretionary Allowance to 99% of Staff
After announcing a series of changes that would help it comply with Macau’s gaming regulation upgrades at the beginning of December, Las Vegas Sands’ Macau-located arm, Sands China Ltd, has prepared a discretionary allowance for 23,000 of its employees. All eligible full-time staff members will receive the payment on January 18 as a token of […]
Casino
December 21, 2022
Las Vegas Sands Lands on the DJSI World Index Once Again
Las Vegas Sands announced Tuesday it was recognized once again by the Dow Jones Sustainability Indices (DJSI). Dow Jones Sustainability Indices Recognize Las Vegas Sands The latest recognition marks the third consecutive time Las Vegas Sands is recognized on the DJSI World Index. The company was recognized on the DJSI North America Index for the […]
Casino
December 6, 2022
Sands China Inks $377M Trademark Renewal with LVS
There is a lot of uncertainty about the region’s recovery, however, continued developments and large investments by operators are enough to make some more optimistic. Sands China is the latest licensee that’s had to make some changes to comply with Macau’s gaming law updates, and this trademark agreement is a natural step in the company’s […]
Business
December 1, 2022
Sands China Restructures Share Capital of Macau Subsidiary New Gaming License
Sands China Ltd, a Macau-based resort developer, and operator, has announced that it would restructure the share capital of its Macau subsidiary, Venetian Macau Ltd (VML), which detains its Macau gaming license in order to comply with Macau’s new gaming law. The restructuring of VML’s share capital will prepare the company for a new ten-year […]
