Thursday, May 26, 2022

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Marina Bay Sands gets platinum certification from Events Industry Council

Marina Bay Sands has achieved the world-class Events Industry Council (EIC) Sustainable Event Standards for Venues Platinum certification, the highest rating possible, affirming the integrated resort (IR)’s commitment to sustainable events and operations. 

Sands China launching new post-maternity benefits

Sands China Ltd. is launching a new set of post-maternity benefits for team members, allowing postpartum mothers to work one less hour per shift and enjoy more regular shifts.

Sands China 1Q22 misses, but strong rebound seen in 2021: analysts

Sands China 1Q22 earnings missed analysts’ expectations but management is expecting a strong rebound due to pent-up demand next year, according to analysts.

Sands China cut 3,000 non-local workers since start of pandemic

Sands China has cut more than 3,000 non-resident workers since the start of the pandemic to manage costs and maintain employment for its local workers, said company president Wilfred Wong. 

Sands China, Las Vegas Sands top picks for 2Q22: Bernstein

Las Vegas Sands and Sands China are the top 2Q22 picks for Bernstein, which reiterated its earlier forecast for the Macau operator to post $4.1 billion in EBITDA by 2025. 

Marina Bay Sands given extra year to begin S$4.5b Singapore expansion project

Las Vegas Sands said its Marina Bay Sands unit in Singapore has been given another year to begin construction on its S$4.5 billion expansion project for the resort.

Sands China has enough cash to operate for at least another 12 months

Macau casino operator Sands China told investors it has enough cash and cash equivalents to continue to operate for at least another 12 months under the current Covid-19 pandemic challenges.

Sands China helps local youths explore IR career paths

Around 360 participants were part of Sands China’s recent career event titled “GO! Explore the Infinity of Sands China.”

Las Vegas Sands in talks with a major, top tier country in Asia to open an IR

Las Vegas Sands CEO Rob Goldstein says that the company is in talks to build an integrated resort “to the scale of Marina Bay Sands” at a “top tier” country in Asia, without giving further details.

Las Vegas Sands launches Sands Cares Accelerator in Macau

Las Vegas Sands has expanded its Sands Cares Accelerator program to Macau by welcoming local NGO Green Future to the three-year exclusive membership program.