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  1. Sands China hits jackpot with US$1.1B annual profit

    Posted Mar 03rd 2012, 12:00am

    ... Sophie Yu sophie.yu@scmp.com Macau casino operator Sands China yesterday reported profit for the year ended December 31 of US$1.13 billion- a 70 per cent increase on the previous year, ... being added. He said 90 per cent of Sands' customers are from China, and the continued economic growth on the mainland assured Macau of a strong supply of visiting tourists. Gambling ...

  2. Macau ferry company goes bust

    Posted Sep 15th 2011, 12:00am

    ... CotaiJet, controlled by Las Vegas billionaire Sheldon Adelson's Sands China, prices them at HK$134 each, according to each company's website. ...

  3. Venetian ferries cleared to resume

    Posted Jan 18th 2008, 12:00am by Fox Yi Hu

    ... Fox Yi Hu A Hong Kong-Macau ferry service controlled by US casino giant Las Vegas Sands may resume any day, after a Macau court lifted an injunction against its operations. But a lawyer ... Sheung Wan and the newly opened Pac On temporary terminal near Sands' The Venetian Macao complex in Taipa, Macau, when services were suspended in December. Stephen Weaver, Las Vegas ...

  4. Business - LAI SEE

    Hong Kong should outsource control of illegal car parking

    Posted Aug 14th 2012, 12:00am by Howard Winn

    ... but a somewhat old-fashioned approach to shareholders. Macau's French connection Macau is to become even more unreal than it already is when the latest plans of Sands China come to fruition. It is planning to start on its latest development on parcel three of the Cotai Strip in November, according to the Macau Business Daily. This will feature a replica of the Eiffel Tower. The Sands China ...

  5. Cotai work to lift luxury home prices

    Posted Jan 06th 2010, 12:00am by Sandy Li

    ... will certainly get a big boost if Las Vegas Sands resumes work on its resort development on the Cotai Strip, and the property market will benefit.' Cheung is referring to Sands China's widely expected resumption of construction work in the first half this year on its 6,000-room Cotai mega-resort across the street from its 3,000-room Venetian Macao. Sands China is the Hong Kong-listed ...

  6. Casino stocks hit by visa worries

    Posted Jun 27th 2012, 12:00am

    ... Shares in Sands China slid 5.8 per cent to a more than five-month low, while Wynn Macau fell 2.8 per cent. The Hang Seng Index edged up 0.45 per cent from the previous day. Macau gaming mogul ... sell-off in gaming stocks, which have already been weighed down by concerns over slowing economic growth in China,' said Chelsey Tam, an analyst at Emperor Securities. JPMorgan's Fong ...

  7. Cheap transport to Macau can be a losing bet

    Posted Sep 16th 2011, 12:00am

    ... Vegas billionaire Sheldon Adelson's Sands China. It was also caught in the crosshairs of rising costs and infrastructure bottlenecks. Macau capped the ferry operator at carrying 750 ... as of July 9, up 49 per cent from US$636 per tonne a year earlier. Shun Tak's shipping business and CotaiJet have suffered operating losses. But for the Ho family and Sands China, who own ...

  8. Sport - Golf - GOLF

    Macau Open wins sponsorship from the Venetian

    Posted Aug 17th 2012, 12:00am by Alvin Sallay

    ... president of the sports board. Edward Tracy, president and chief executive of Sands China, parent company of the resort hotel, said the involvement with the Macau Open was part of the company's ... for everyone's enjoyment, but more importantly, it will promote Macau as a world centre of tourism and leisure," Tracy said. Organisers have confirmed that two-time winner Zhang Lianwei of China ...

  9. Wynn defies bottom line with US$135m donation

    Posted Jul 20th 2011, 12:00am

    ... to establish a footprint on the Cotai Strip, where rival operators Sands China, Melco Crown Entertainment and Galaxy Entertainment Group are already operating gaming mega-resorts. 'The land ... million each from next year until 2022. 'With this commitment to the University of Macau Development Foundation, the board of directors of Wynn Macau and all of its shareholders in China ...

  10. Sands probed over mainland payments

    Posted Mar 04th 2009, 12:00am by Staff Reporter

    ... Neil Gough Macau casino developer Las Vegas Sands Corp says it is being investigated by the State Administration of Foreign Exchange (SAFE) for payments made by its mainland units to 'counterparties and other vendors in China'. The company says the regulator is looking into payments its wholly owned foreign enterprises made 'to conduct non-gaming marketing activities ...




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