Sands China’s The Venetian Macau has picked up the “Property of the Year” award at the Global Gaming Awards in Las Vegas.
The integrated resort beat out nine competitors.
“Winning this prestigious accolade, in an industry which boasts so many exceptional properties, is extremely gratifying for each and every one of our team members who work hard to offer guests unparalleled experiences,” said Sands China President Dr. Wilfred Wong. “We are grateful to Global Gaming Awards Las Vegas for this recognition and intend to continue striving for excellence.”
Venetian Macau was the first integrated resort to open on the Cotai strip and in 2016 was named as ‘One of the Most Instagrammed Luxury Hotels’ of that year.
Winners are decided by a panel of 100 judges, comprising senior executives from the biggest companies in the industry. The voting process is independently adjudicated by KPMG.
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
Sands China volunteers and local community groups recently worked together at The Venetian to build 40,000 hygiene kits for Clean the World, an international social enterprise that provides hygiene supplies essential for good health to populations in need around the globe, helping prevent the spread of disease.
The Standing Committee of China's National People's Congress wound up its session in Beijing on Saturday, passing Amendment XI to its criminal law, which brings into effect stiff penalties for gambling.
Average daily visitor arrivals to Macau exceeded 21,000 around the New Year’s Day between December 31 and January 3, while the average occupancy rate of local hotels exceeded 67 percent. On New Year’s Eve, Macau registered 30,747 visitor arrivals, the highest daily record over the last eleven months.
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing
what 2020 may have had in store.
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.