Saturday, December 14, 2024

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Sands China honors suppliers and local SMEs at Sands Supplier Excellence Awards

Sands China honored some of its most outstanding suppliers at the Sands Supplier Excellence Awards Tuesday at The Parisian Macao. The awards were part of a joint event where Sands China also recognized the 15th and 16th cohorts of local SMEs graduating from its Sands Procurement Academy training programme.

Sands China hosts 9th advanced training session for Responsible Gaming ambassadors

Sands China, a leading gaming operator in Macau, has successfully concluded its annual advanced responsible gaming training program. Over 40 team members participated in the training held on October 21-22 at The Londoner Macao, enhancing their knowledge and skills to support the Macao government's 'Seeking Help for Winning the Future' responsible gaming initiatives.

Sands China contributes MOP1.08M to support scholarships and fellowships

Sands China Ltd. held its annual ceremonial cheque presentation on Nov. 5 at The Venetian Macao, donating MOP 1.08 million to representatives of 7 higher education institutions.

Daily Asia Gaming eBrief: Sands China leads Macau’s market share

Slicing the market share pie. In the third quarter of 2024, Sands China maintained the largest market share in Macau's gaming sector at 24.5 percent, while SJM Holdings reported the only increase in market share, rising from 12.7 percent to 14.1 percent due to gains in both mass and VIP gaming segments, data compiled by Deutsche Bank shows. Meanwhile, Thailand’s Secretary-General to Prime Minister Paetongtarn Shinawatra has indicated that the country’s IR bill is expected to pass through both chambers of parliament in 2025. Meanwhile, Resorts World Sentosa (RWS) has initiated a $5 billion transformation that will completely revamp its waterfront by 2030.

Sands China with highest Macau market share in 3Q24, SJM sees highest sequential share increase

Sands China remained the operator with the largest market share in the Macau SAR during the third quarter of 2024, however, SJM reported the only sequential increase in market share among the city's six gaming concessionaires, data published by Deutsche Bank shows.

Sands China heads Macau delegation on Lisbon business trip

Macau's integrated resort developer and gaming operator, Sands China, is leading a delegation of 17 DSEDT-certified Macau enterprises on a trip to Lisbon to participate in the company’s five-day Macau Technological Innovation Exploration from November 11th to 15th.

Sands China retains its market share at 24% in 3Q24: Citigroup 

Despite the slight quarterly decline in net revenue, Sands China's gross gaming revenue (GGR) market share remained largely unchanged quarter-over-quarter at 24 percent, notes Citigroup. 

Sands China rating upgraded to ‘overweight’ amid multiple catalysts: MS

Morgan Stanley has upgraded Sands China’s rating from ‘equal-weight’ to ‘overweight,’ citing several key factors expected to boost the company’s market share and earnings by 2025.

Sands China launches rebranded Londoner Grand Hotel

Sands China, in collaboration with Marriott International, has announced the launch of the Londoner Grand Hotel, the first hotel in Macau to be entitled 'Luxury Collection Hotel.

Las Vegas Sands increases its stake in Sands China

Macau gaming operator Sands China announced that its controlling shareholder, Las Vegas Sands plans to further increase its stake by over $100 million.

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