https://www.scmp.com/rss/198716/feed Sheldon Adelson bought the famous Sands Hotel in Las Vegas in 1989, then opened the Sands Expo and Convention Center across from the hotel. In 1996, the Sands Hotel was demolished to make room for The Venetian, which was completed in 1999. Adelson has expanded the group into Asia, with hotels and casinos in Macao and Singapore. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com It’s no secret that successful sports stars are some of the industry’s wealthiest personalities. From NBA players such as Stephen Curry and NHL greats like Wayne Gretzky, to Formula One drivers such as Lewis Hamilton and boxers like Floyd Mayweather, famous athletes have made bank with big pay cheques and even bigger endorsement deals. But, as it turns out, the real wealth in sport lies with the teams’ billionaire owners. After all, you’ve got to have some serious cash to be able to buy out or... https://www.scmp.com/magazines/style/entertainment/article/3291663/7-richest-sports-team-owners-net-worths-ranked-mets-steve-cohen-and-ex-microsoft-ceo-steve-ballmer?utm_source=rss_feed https://www.scmp.com/magazines/style/entertainment/article/3291663/7-richest-sports-team-owners-net-worths-ranked-mets-steve-cohen-and-ex-microsoft-ceo-steve-ballmer?utm_source=rss_feed Sun, 22 Dec 2024 21:00:11 +0000 Peggy Sito,Mike Chan Peggy Sito,Mike Chan The National Basketball Association (NBA) has signed a multimillion-dollar agreement to stage pre-season games in Macau, taking the sport to the doorstep of its biggest potential market as it struggles at home to regain the mass viewership it enjoyed before the Covid-19 pandemic. The Brooklyn Nets and the Phoenix Suns will play two games on October 10 and 12 next year at The Venetian Arena operated by Sands China, kicking off the five-year agreement in Macau, the former Portuguese territory near... https://www.scmp.com/business/article/3289597/macau-host-nba-games-part-multimillion-dollar-deal?utm_source=rss_feed https://www.scmp.com/business/article/3289597/macau-host-nba-games-part-multimillion-dollar-deal?utm_source=rss_feed Fri, 06 Dec 2024 02:49:02 +0000 Somporn is a devout Buddhist, she doesn’t drink or smoke, is still working even in her seventies and is law-abiding in almost every way. Her one vice is gambling, illegal but rampant in Thailand – a multibillion-dollar shadow economy that runs the gamut from illicit streetside lotteries and underground casinos, to online poker and punts on Muay Thai bouts, cockfights and English Premier League football. “This country has around 70 million people and I am sure at least half of them are gambling,”... https://www.scmp.com/week-asia/politics/article/3258839/thailand-sees-philippines-gambling-billions-singapores-resorts-and-rolls-dice-casinos-hopes-cashing?utm_source=rss_feed https://www.scmp.com/week-asia/politics/article/3258839/thailand-sees-philippines-gambling-billions-singapores-resorts-and-rolls-dice-casinos-hopes-cashing?utm_source=rss_feed Sat, 13 Apr 2024 01:30:19 +0000 Sands China, Macau’s second-largest casino operator by market value, turned around its business last quarter to halt 13 straight quarters of losses through the Covid-19 pandemic, suggesting an imminent industry rebound in the world’s biggest gambling hub. The casino operator earned US$187 million of profit in the three months to June 30, according to an exchange filing in Hong Kong on Thursday, versus a US$422 million net loss in the same period a year ago, and US$10 million deficit in the first... https://www.scmp.com/business/companies/article/3228333/question-time-macaus-full-recovery-nears-sands-china-halts-losing-streak-while-blackpink-jacky?utm_source=rss_feed https://www.scmp.com/business/companies/article/3228333/question-time-macaus-full-recovery-nears-sands-china-halts-losing-streak-while-blackpink-jacky?utm_source=rss_feed Thu, 20 Jul 2023 08:24:29 +0000 It is midnight in Macau, and there is not an empty seat on the casino floor of the Grand Lisboa Hotel, the city’s most iconic landmark. Casino goers at the baccarat tables stare at their chips with undivided attention, while onlookers anxiously wait for the right moment to place their bets. The five-day Labour Day holiday earlier this month is the best season that the gaming hub has had in three years. About 500,000 visitors flocked to the city during the holiday, with many heading straight to... https://www.scmp.com/business/china-business/article/3219844/macau-grapples-what-future-looks-even-chinas-reopened-border-deals-winning-hand-casinos?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3219844/macau-grapples-what-future-looks-even-chinas-reopened-border-deals-winning-hand-casinos?utm_source=rss_feed Tue, 09 May 2023 02:00:17 +0000 Las Vegas Sands is selling the Venetian casino resort and Sands Expo and Convention Centre for US$6.25 billion. In the two-part deal, VICI Properties will buy the property and all assets associated with the Venetian Resort Las Vegas and the Sands Expo for US$4 billion. Apollo Global Management will acquire the operations of the Venetian for US$2.25 billion. The global pandemic broadsided Las Vegas, shuttering the Strip where Las Vegas Sands is the biggest operator. Sales growth vanished last... https://www.scmp.com/business/companies/article/3123966/asia-focus-casino-operator-las-vegas-sands-sells-venetian-sands?utm_source=rss_feed https://www.scmp.com/business/companies/article/3123966/asia-focus-casino-operator-las-vegas-sands-sells-venetian-sands?utm_source=rss_feed Wed, 03 Mar 2021 15:02:39 +0000 Derek Stevens is rethinking the Las Vegas pool party with Circa, the first US$1 billion-plus casino to open in the city since the financial crisis a decade ago. For years, the Las Vegas pool scene has been dominated by clubs such as Drai’s, operated by Caesars Entertainment, and MGM Resorts International’s Wet Republic, with celebrity DJs, thumping electronic music and steep cover charges. Wynn Resorts’ Encore Beach Club even had poles in its pool for dancing. With Circa Resort & Casino, which... https://www.scmp.com/lifestyle/travel-leisure/article/3107421/las-vegas-pool-party-scene-gets-upgrade-magnate-opens?utm_source=rss_feed https://www.scmp.com/lifestyle/travel-leisure/article/3107421/las-vegas-pool-party-scene-gets-upgrade-magnate-opens?utm_source=rss_feed Wed, 28 Oct 2020 12:45:12 +0000 Macau could see a shift in travel patterns in the coming months when the Covid-19 pandemic subsides, as the government banks on short-haul travellers with preference of shorter stay in the world’s largest gambling hub, an official said. The changes may be inevitable as the government takes steps to reopen its border to more visitors to its casinos and other cultural attractions. The viral outbreak since January has left the local economy in tatters, with tourist arrivals in free fall. “The time... https://www.scmp.com/business/article/3105042/macau-predicts-shift-travel-patterns-covid-19-limits-tourism-short-haul?utm_source=rss_feed https://www.scmp.com/business/article/3105042/macau-predicts-shift-travel-patterns-covid-19-limits-tourism-short-haul?utm_source=rss_feed Mon, 12 Oct 2020 02:30:12 +0000 Las Vegas Sands Corporation’s Singapore casino has hired a law firm to conduct a new investigation into employee transfers of more than US$1 billion in gamblers’ money to third parties, according to people familiar with the matter. Davinder Singh Chambers LLC, which specialises in dispute resolution and international arbitration, was appointed after Singapore police began a probe of third-party transfers at Marina Bay Sands, said the sources, who asked not to be identified discussing private... https://www.scmp.com/news/asia/southeast-asia/article/3101883/singapores-marina-bay-sands-casino-reviews-transfers-us1?utm_source=rss_feed https://www.scmp.com/news/asia/southeast-asia/article/3101883/singapores-marina-bay-sands-casino-reviews-transfers-us1?utm_source=rss_feed Thu, 17 Sep 2020 04:00:14 +0000 US President Donald Trump’s ban on Chinese social messaging service WeChat could undermine the operations of American casino operators in Macau and cloud their future in the city, according to industry observers. Trump issued an executive order on Thursday that will make it illegal for US citizens and corporations to conduct “any transaction that is related to WeChat”. The order is due to take effect 45 days from that date and was issued on the same day as a similar order banning TikTok, a... https://www.scmp.com/news/china/diplomacy/article/3096795/will-wechat-ban-cut-us-run-macau-casinos-vital-link-china?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3096795/will-wechat-ban-cut-us-run-macau-casinos-vital-link-china?utm_source=rss_feed Mon, 10 Aug 2020 22:30:11 +0000 Singapore casino Marina Bay Sands has agreed to settle a lawsuit brought by a former patron, meeting his demand for a S$9.1 million (US$6.5 million) payment, according to a person familiar with the matter. Marina Bay Sands, run by US billionaire Sheldon Adelson’s Las Vegas Sands, also agreed to allow Chinese gambler Wang Xi back into the casino as long as he abides by its policies, said the person, who asked not be identified because the matter is confidential. Macau casino stocks surge as... https://www.scmp.com/news/asia/southeast-asia/article/3093850/singapores-marina-bay-sands-casino-pays-chinese-gambler?utm_source=rss_feed https://www.scmp.com/news/asia/southeast-asia/article/3093850/singapores-marina-bay-sands-casino-pays-chinese-gambler?utm_source=rss_feed Mon, 20 Jul 2020 02:42:21 +0000 Macau casinos suffered their worst month ever as travel restrictions during the coronavirus pandemic left the world’s biggest gambling hub struggling with few players and a heavy daily burn of cash. Gross gaming revenue plummeted 97 per cent to 754 million patacas (US$95 million) in April from a year earlier, according to data from the Gaming Inspection & Coordination Bureau. That’s the biggest drop on record, surpassing an 88 per cent plunge in February. Analysts were looking for a decline of... https://www.scmp.com/business/companies/article/3082433/macau-casinos-report-their-worst-april-record-gross-gambling?utm_source=rss_feed https://www.scmp.com/business/companies/article/3082433/macau-casinos-report-their-worst-april-record-gross-gambling?utm_source=rss_feed Fri, 01 May 2020 05:43:43 +0000 Macau casino operators are likely to write off their performance in the first quarter as the number of visitors shrink and companies comply with an order to shut their premises to gamblers for two weeks to help contain the coronavirus outbreak, analysts said. Gross gaming revenue in Macau could drop by 80 per cent for the three month to April 30, as the outbreak takes its toll on the economy, according to Morningstar Inc’s equity analyst Chelsey Tam. Revenue could recover by 15 per cent in... https://www.scmp.com/business/companies/article/3049207/macau-casino-operators-face-revenue-slump-analysts-pin-hopes?utm_source=rss_feed https://www.scmp.com/business/companies/article/3049207/macau-casino-operators-face-revenue-slump-analysts-pin-hopes?utm_source=rss_feed Wed, 05 Feb 2020 11:26:28 +0000 The worsening Wuhan coronavirus outbreak is taking a heavy toll on airlines, gaming companies and hotel chains that have increasingly relied on the exponential growth of Chinese tourists and their spending power in recent years. It could still get worse, analysts said. The health scare has prompted authorities from Hong Kong to Singapore to stem or ban visits by Chinese residents or people who have visited the mainland in recent weeks to contain the outbreak. Beijing also has locked down some... https://www.scmp.com/business/companies/article/3048331/china-coronavirus-outbreak-could-hit-airlines-hotels-casinos?utm_source=rss_feed https://www.scmp.com/business/companies/article/3048331/china-coronavirus-outbreak-could-hit-airlines-hotels-casinos?utm_source=rss_feed Fri, 31 Jan 2020 04:15:15 +0000 What started out as a promising year for Macau’s tourism industry has turned out to be a major setback for the special administrative region, as visitors are put off by the rapidly spreading coronavirus epidemic that originated in the central Chinese city of Wuhan. The losses have already affected Macau’s events calendar as well as gaming stocks of its concessionaires. Mainland Chinese visitors, who make the bulk of tourists, were down a startling 88.5 per cent on Monday, the fourth day of the... https://www.scmp.com/business/china-business/article/3047931/mainland-tourists-macau-plummet-during-lunar-new-year-amid?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3047931/mainland-tourists-macau-plummet-during-lunar-new-year-amid?utm_source=rss_feed Tue, 28 Jan 2020 11:22:59 +0000 A top Republican donor warned US President Donald Trump in a phone call last month that his escalating trade war with China could hurt his re-election prospects, The Wall Street Journal reported on Sunday, citing people familiar with the call. Casino magnate Sheldon Adelson discussed with Trump the broader implications of the US-China trade war rather than the impact on Adelson’s business interests, one of the people familiar with the call said, according to the newspaper report. Adelson, a... https://www.scmp.com/news/world/united-states-canada/article/3029886/republican-billionaire-donor-sheldon-adelson?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3029886/republican-billionaire-donor-sheldon-adelson?utm_source=rss_feed Sun, 22 Sep 2019 21:26:35 +0000 Plans for The Londoner Macao have been unveiled at the Venetian Theatre by Sands Resorts Macao ambassador David Beckham. The Londoner Macao will feature British landmarks with an exterior facade modelled on the Palace of Westminster and the Houses of Parliament and including a 96-metre replica of the Elizabeth Tower and its iconic clock face. The new project is due to open progressively over 2020 and 2021. What’s exciting about the project are what’s called the David Beckham Suites. These... https://www.scmp.com/magazines/style/news-trends/article/3011047/what-you-can-expect-find-when-you-sleep-david-beckhams?utm_source=rss_feed https://www.scmp.com/magazines/style/news-trends/article/3011047/what-you-can-expect-find-when-you-sleep-david-beckhams?utm_source=rss_feed Wed, 22 May 2019 04:00:12 +0000 Sands China last week unveiled plans to upgrade the 1,200-room Holiday Inn at Sands Cotai Central in Macau, rebranding it as The Londoner, a destination resort in line with its other European city-based brands, The Venetian and The Parisian. The Londoner rebranding is part of a larger, US$2.2 billion expansion plan, to be unveiled by Sands China, which develops, owns and operates integrated resorts, retail malls and casinos, in stages. To start with, the Holiday Inn will make way for the... https://www.scmp.com/business/companies/article/3009924/sands-china-follow-parisian-and-venetian-londoner-part-us22b?utm_source=rss_feed https://www.scmp.com/business/companies/article/3009924/sands-china-follow-parisian-and-venetian-londoner-part-us22b?utm_source=rss_feed Mon, 13 May 2019 02:00:22 +0000 As the US-China trade war escalates, with all economic ties between the two countries at risk of being politicised, investment banks and fund managers are keeping a close eye on casino licences for American companies in Macau. “The US-owned Macau casinos are sitting on what could be called a geopolitical fault line,” said Steve Vickers, the chief executive of Hong Kong-based specialist risk consultancy Steve Vickers & Associates. “First, one of the main Macau casinos is the largest donor to the... https://www.scmp.com/business/china-business/article/2178507/will-us-firms-macau-casino-licences-get-politicised-us-china?utm_source=rss_feed https://www.scmp.com/business/china-business/article/2178507/will-us-firms-macau-casino-licences-get-politicised-us-china?utm_source=rss_feed Tue, 18 Dec 2018 09:00:30 +0000 Casino operator Las Vegas Sands has agreed to pay US$47.4 million after failing to flag millions of dollars in money transfers made by a Chinese-Mexican linked to drug trafficking who became one of the biggest gamblers the world has ever known. The settlement agreement said Zhenli Ye Gon's losses were large enough to affect the bonuses of many Las Vegas Sands and Venetian executives. His individual bets were monitored in real time and had an immediate effect on the company's earnings, it... https://www.scmp.com/business/companies/article/1300025/las-vegas-sands-casino-pay-us474m-end-federal-probe?utm_source=rss_feed https://www.scmp.com/business/companies/article/1300025/las-vegas-sands-casino-pay-us474m-end-federal-probe?utm_source=rss_feed Wed, 28 Aug 2013 02:59:46 +0000 Casino mogul Sheldon Adelson said he planned to invest US$35 billion to build gambling resorts in Spain, after opening the US$4.4 billion Sands Cotai Central in Macau yesterday. Macau's newest addition stands opposite Adelson's The Venetian and is expected to strengthen Sands China's position on the Cotai Strip. The Cotai Central project, which is opening in stages, has so far cost Sands US$4.4 billion and will climb to US$5 billion by the time it is finished, said Adelson. 'The total cost until... https://www.scmp.com/article/997983/sands-opens-new-macau-resort-and-looks-spain?utm_source=rss_feed https://www.scmp.com/article/997983/sands-opens-new-macau-resort-and-looks-spain?utm_source=rss_feed Wed, 11 Apr 2012 16:00:00 +0000 Its gaming tables may be making more money than those of Las Vegas but Macau's attempts to position itself as an all-round entertainment destination have taken a severe blow after Cirque Du Soleil failed to draw the crowds to the Venetian Macao. The avant-garde circus troupe, a massive hit in the United States, will hold its last performance next Sunday at the Sands-owned casino resort, amid reports that just 40 per cent of seats at the 1,800 seat purpose-built theatre had been filled for many... https://www.scmp.com/article/992445/games-circus-spectacular-ends-early?utm_source=rss_feed https://www.scmp.com/article/992445/games-circus-spectacular-ends-early?utm_source=rss_feed Sat, 11 Feb 2012 16:00:00 +0000 Sands China's net income rose 41.2 per cent year on year to US$281 million in the third quarter with no sign that tightening credit on the mainland is hitting its VIP business, which relies heavily on private loan facilities from the mainland. The Hong Kong-listed subsidiary of Las Vegas-based Sands, which is run by gambling tycoon Sheldon Adelson, said its new property, Sands Cotai Central, is on track to open in the first quarter next year. The property, which has 1,800 rooms and one casino, ... https://www.scmp.com/article/984339/sands-eyes-strong-vip-gains-despite-credit-crunch?utm_source=rss_feed https://www.scmp.com/article/984339/sands-eyes-strong-vip-gains-despite-credit-crunch?utm_source=rss_feed Tue, 08 Nov 2011 16:00:00 +0000 Hospitality and F&B staff Sands China If you want to join a big family with members from 50 different nationalities, Sands China is your sure bet. The company, which runs The Venetian Macao Resort Hotel (below), The Sands Macao and The Plaza Macao as well as 10 elegant restaurants, is hiring for both the hospitality and the food-and-beverage side of the business. 'We have hundreds of vacancies. We are constantly looking for talented individuals to join the Sands China family. We have vacancies... https://www.scmp.com/article/972286/service-oriented-team-players?utm_source=rss_feed https://www.scmp.com/article/972286/service-oriented-team-players?utm_source=rss_feed Fri, 01 Jul 2011 16:00:00 +0000 A Las Vegas judge has dismissed the defamation suit against casino operator Las Vegas Sands Corp's chairman Sheldon Adelson that was brought by the former head of the company's Macau unit. But Sands China also lost a battle after the court declined to dismiss it as a party to the continuing wrongful termination suit brought against both Las Vegas Sands and Sands China by the Hong Kong-listed firm's former chief executive, Steven Jacobs, the Las Vegas Sun reported yesterday. A district court... https://www.scmp.com/article/970258/win-some-lose-some-adelson?utm_source=rss_feed https://www.scmp.com/article/970258/win-some-lose-some-adelson?utm_source=rss_feed Fri, 10 Jun 2011 16:00:00 +0000 The chance to see Switzerland's Roger Federer and other legends of the game will be up for grabs when tickets for the Venetian Macau Tennis Showdown go on sale today. The one-night exhibition tournament on November 20 at the Cotai Arena will feature Federer and fellow multiple grand slam champions Bjorn Borg of Sweden and the US' John McEnroe who will join either Spaniard Rafael Nadal or American James Blake. 'This will be one of the most exciting events held at the Cotai Strip this year,' said... https://www.scmp.com/article/650962/legends-battle-it-out-macau-showdown?utm_source=rss_feed https://www.scmp.com/article/650962/legends-battle-it-out-macau-showdown?utm_source=rss_feed Sun, 31 Aug 2008 16:00:00 +0000 Macau's gaming bureau last night ruled that a woman who won HK$1 million at a Macau resort was not entitled to the prize because she was related to an employee. But the 24-year-old Macau woman, surnamed Tang, said the ruling was unfair and vowed to take her case to the courts to claim her prize from the Venetian Macao casino. Ms Tang had won HK$1,056,500 while playing on a slot machine with a promotional membership card on Monday. However, she was unable to collect the prize as staff and their... https://www.scmp.com/article/627283/winnings-withheld?utm_source=rss_feed https://www.scmp.com/article/627283/winnings-withheld?utm_source=rss_feed Fri, 22 Feb 2008 16:00:00 +0000 'In the development of Hong Kong's exhibition industry, we need to continue moving ahead and consolidating. Otherwise we will be facing very, very big challenges.' Chief Secretary Henry Tang Ying-yen September 24 'If you are not able to join the one million sq ft club you will probably be out of the competition.' Peter Woo Kwong-ching, chairman (still), Trade Development Council, September 27 At long last, we have recognition in government that there exists such a thing as the Pearl River Delta,... https://www.scmp.com/article/609843/hk-gains-shunning-race-towards-exhibition-sinkhole?utm_source=rss_feed https://www.scmp.com/article/609843/hk-gains-shunning-race-towards-exhibition-sinkhole?utm_source=rss_feed Sun, 30 Sep 2007 16:00:00 +0000 It is just a month since it opened, but Macau's newest casino resort has already overtaken Hong Kong Disneyland in terms of daily attendance. Since the Venetian Macao opening on August 28 it has received 1.7 million visitors - an average of 55,000 a day - according to Mark Brown, president of Sands Macao and of the Venetian Macao. Hong Kong Disneyland received 5.2 million visitors in its first year of operation, or fewer than 15,000 a day. Tourists from Hong Kong have been filling 60... https://www.scmp.com/article/609692/venetian-macao-luring-way-more-visitors-disneyland?utm_source=rss_feed https://www.scmp.com/article/609692/venetian-macao-luring-way-more-visitors-disneyland?utm_source=rss_feed Fri, 28 Sep 2007 16:00:00 +0000 Thousands of punters, tourists and the plainly curious flooded into the Venetian Macao last night to experience the world's largest casino, dubbed a 'Disneyland for adults' by its billionaire owner. About 3,000 people queued up outside the resort for its 7.18pm opening, with some of them having endured, or enjoyed, a six-hour wait in the sun. Most of the visitors were from the mainland, with many planning to try their luck at the gaming tables and slot machines even though the Venetian has... https://www.scmp.com/article/605934/thousands-try-their-luck-macau-disneyland-adults?utm_source=rss_feed https://www.scmp.com/article/605934/thousands-try-their-luck-macau-disneyland-adults?utm_source=rss_feed Tue, 28 Aug 2007 16:00:00 +0000 The opening today of the giant Venetian Macao resort will take Macau's casino boom to another level. The new flood of visitors it triggers will reinforce the case for a major upgrade of the city's public transport. With more tourists arriving, traffic is creating gridlock in Macau. Its entry ports are at near-capacity, handling 22 million visitors last year. The Venetian Macao will operate a fleet of 10 high-speed ferries between Hong Kong and Macau, but that depends upon the completion of a... https://www.scmp.com/article/605825/has-macau-taken-too-long-gearing-tourist-throng?utm_source=rss_feed https://www.scmp.com/article/605825/has-macau-taken-too-long-gearing-tourist-throng?utm_source=rss_feed Mon, 27 Aug 2007 16:00:00 +0000 Growing competition, higher commission payments and rising staff costs contributed to the first drop in operating profit at the Sands Macau casino since it opened in 2004. First-quarter profit fell 3.6 per cent year on year to US$90.56 million, despite a 24.4 per cent increase in turnover - to a record US$346.1 million. Profit was down 9 per cent from the previous quarter. Sands has grown in tandem with Macau, which last year overtook the Las Vegas Strip as the world's single-largest gaming... https://www.scmp.com/article/591428/first-dip-sands-profit?utm_source=rss_feed https://www.scmp.com/article/591428/first-dip-sands-profit?utm_source=rss_feed Thu, 03 May 2007 16:00:00 +0000 Macau's Sands Casino yesterday paid out HK$740,000 in winnings to the mother of a 16-year-old Hong Kong girl who hit the jackpot after entering the casino illegally on Tuesday. The casino said it was 'always prepared to pay the amount of the prize', adding that the money would have gone to charity if no one had been entitled to it. 'Sands Macau accepts that a person who was under age gained access to the casino in the company of a parent on the third day of the Chinese New Year,' it said in a... https://www.scmp.com/article/582819/winnings-paid-mother-under-age-gambler?utm_source=rss_feed https://www.scmp.com/article/582819/winnings-paid-mother-under-age-gambler?utm_source=rss_feed Sat, 24 Feb 2007 16:00:00 +0000 Under-age girl and family try to claim HK$740,000, but Sands refuses to pay The Sands Macau casino will be admonished but not punished for 'committing a serious mistake' in allowing an under-age Hong Kong girl, who hit a jackpot, to play slot machines. Macau's gaming inspector yesterday said the casino would be censured. The girl and her family, meanwhile, are trying to claim the HK$740,000 jackpot which the casino is refusing to pay after learning the 16-year-old winner's age. Macau laws... https://www.scmp.com/article/582609/casino-be-rebuked-after-teen-hits-jackpot?utm_source=rss_feed https://www.scmp.com/article/582609/casino-be-rebuked-after-teen-hits-jackpot?utm_source=rss_feed Thu, 22 Feb 2007 16:00:00 +0000 Shares in Massive Resources International Corp, which more than doubled on Monday after the company said it would pay HK$140 million for a share in profits from a high-stakes gaming room at the Sands Macao casino, fell yesterday. Massive, whose largest shareholder is controversial Legislative Council member Chim Pui-chung, will acquire an indirect effective interest of 0.08 per cent of the VIP gaming chip turnover at the Sands' five-table Chengdu VIP room. The room was operated by Hou Wan,... https://www.scmp.com/article/581925/massive-resources-fails-extend-rally-gaming-deal?utm_source=rss_feed https://www.scmp.com/article/581925/massive-resources-fails-extend-rally-gaming-deal?utm_source=rss_feed Tue, 13 Feb 2007 16:00:00 +0000 In an aggressive push into Macau's lucrative high-roller market, the Las Vegas Sands casino has raised the commissions paid to local gambling-junket operators to unprecedented levels, according to industry sources. The move will sharpen competition in the sector and threatens to unsettle rival casino operators, including former gaming monopolist Stanley Ho Hung-sun, who has said that such a step would mean 'war'. Junkets are responsible for bringing most high rollers to a market where VIP... https://www.scmp.com/article/512321/las-vegas-sands-raises-commission-stakes?utm_source=rss_feed https://www.scmp.com/article/512321/las-vegas-sands-raises-commission-stakes?utm_source=rss_feed Mon, 15 Aug 2005 16:00:00 +0000 Senado Square, St Paul's Ruins and the Museum of Macau A popular first stop for visitors lies in the heart of town. Visit Senado Square which is bounded by St Dominic's Church and the old Leal Senado building, which now houses the Civic and Municipal Affairs Bureau. The square is also a venue for public concerts and exhibitions. A narrow cobblestone street lined with antiques, curio and souvenir shops leads to the ruins of St Paul's, Macau's most famous monument, and the Museum of Macau on... https://www.scmp.com/article/506108/top-attractions?utm_source=rss_feed https://www.scmp.com/article/506108/top-attractions?utm_source=rss_feed Sun, 26 Jun 2005 16:00:00 +0000 The third floor of the Sands Macao has opened, giving punters four new dining options. In addition to the two outlets (888 Las Vegas Buffet and the Moonlight Food Court) open from day one at the Sands, there is now Cantonese restaurant Golden Court, the Macanese Restaurante Perola (below), Copa Steakhouse, said to be the first American steakhouse in Macau, and the Ruby Room featuring Shanghainese cuisine. Specialities at the Golden Court include Cantonese-style fried chicken ($98 for half,... https://www.scmp.com/article/472757/game?utm_source=rss_feed https://www.scmp.com/article/472757/game?utm_source=rss_feed Sat, 02 Oct 2004 16:00:00 +0000 Were Frank Sinatra to stroll into a certain corner of the Sands Macau today, he'd have a job believing he wasn't in Palm Springs or Las Vegas sometime in the early 1960s. The Chairman of the Board would pull a gaudily checked stool up to the stone-clad bar, luxuriate in the rays from the built-in fireplace at the barman's back and hold court over a Scotch on the rocks below a line of Sputnik-inspired overhead lights. At least that's how the Sands' American architect Paul Steelman would... https://www.scmp.com/article/470273/detours?utm_source=rss_feed https://www.scmp.com/article/470273/detours?utm_source=rss_feed Mon, 13 Sep 2004 16:00:00 +0000