{"id":6877,"date":"2024-09-17T14:02:35","date_gmt":"2024-09-17T13:02:35","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=6877"},"modified":"2024-09-17T14:02:39","modified_gmt":"2024-09-17T13:02:39","slug":"las-vegas-sands-increases-investment-in-sands-china-to-drive-growth","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/","title":{"rendered":"Las Vegas Sands Increases Investment in Sands China to Drive Growth"},"content":{"rendered":"\n

Las Vegas Sands<\/strong> plans to significantly increase its investment in Macau, increasing its stake in Sands China <\/strong>to 72%.<\/p>\n\n\n\n

The move was confirmed in a company statement this week and reflects the company\u2019s continued ambitions in the Macau gaming market.<\/p>\n\n\n\n

Las Vegas Sands also boosted its presence in the region last December by acquiring $249.56 million in Sands China shares.<\/p>\n\n\n\n

Both moves were supported by Las Vegas Sands\u2019 wholly owned subsidiary, Venetian Venture Development Intermediated II.<\/strong><\/p>\n\n\n\n

A key player in Macau\u2019s thriving gaming market, Sands China celebrated its 20th anniversary in May.<\/p>\n\n\n\n

The investment comes at a crucial political time for Macau, with signs that Sam Hou Fai <\/strong>is set to take over as Chief Executive without an election. Hou Fai received an impressive 96% of the nominations as he pushed forward his campaign to lead the region.<\/p>\n\n\n\n

However, upon announcing his candidacy, he emphasized the need for diversifying Macau\u2019s economic growth, noting that reliance solely on the gaming sector is detrimental to the region.<\/p>\n\n\n\n

At a press conference, he stated: \u201cAfter the return of sovereignty, Macau held an open tender for the gaming industry, and the tourism and gaming industry developed rapidly afterwards, but for a period of time, it developed in an uncontrolled manner.<\/p>\n\n\n\n

\u201cThe Central Government\u2019s proposal for Macau to develop its economy in an appropriately diversified manner is a mandatory question for the Macau SAR Government, not a question of choice.\u201d<\/p>\n\n\n\n

Hou Fai’s policy is expected to be formalized soon, as elections are scheduled for October. However, the pressure on the sole candidate will be minimal, as he has no rivals for the position.<\/p>\n\n\n\n

Don’t forget to subscribe to our Telegram channel!<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Las Vegas Sands plans to significantly increase its investment in Macau, increasing its stake in Sands China to 72%. The move was confirmed in a company statement this week and reflects the company\u2019s continued ambitions in the Macau gaming market. Las Vegas Sands also boosted its presence in the region last December by acquiring $249.56 […]<\/p>\n","protected":false},"author":10,"featured_media":6878,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[8,1],"tags":[3357,46,228,877,2757,9820,9141],"class_list":["post-6877","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino","category-news","tag-development","tag-gambling","tag-investment","tag-las-vegas-sands","tag-macau","tag-sam-hou-fai","tag-sands-china"],"yoast_head":"\nLas Vegas Sands Increases Investment in Sands China to Drive Growth - SBC EURASIA EN<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Las Vegas Sands Increases Investment in Sands China to Drive Growth - SBC EURASIA EN\" \/>\n<meta property=\"og:description\" content=\"Las Vegas Sands plans to significantly increase its investment in Macau, increasing its stake in Sands China to 72%. The move was confirmed in a company statement this week and reflects the company\u2019s continued ambitions in the Macau gaming market. Las Vegas Sands also boosted its presence in the region last December by acquiring $249.56 […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/\" \/>\n<meta property=\"og:site_name\" content=\"SBC EURASIA EN\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-17T13:02:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-17T13:02:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2024\/09\/Sands-China.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"696\" \/>\n\t<meta property=\"og:image:height\" content=\"391\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Maria Khomeriki\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Maria Khomeriki\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/\"},\"author\":{\"name\":\"Maria Khomeriki\",\"@id\":\"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/f6f1bec1f527da78057fa0c8d3b56dd6\"},\"headline\":\"Las Vegas Sands Increases Investment in Sands China to Drive Growth\",\"datePublished\":\"2024-09-17T13:02:35+00:00\",\"dateModified\":\"2024-09-17T13:02:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/\"},\"wordCount\":290,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2024\/09\/Sands-China.jpg\",\"keywords\":[\"development\",\"gambling\",\"investment\",\"Las Vegas Sands\",\"Macau\",\"Sam Hou Fai\",\"Sands China\"],\"articleSection\":[\"Casino\",\"News\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/\",\"url\":\"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/\",\"name\":\"Las Vegas Sands Increases Investment in Sands China to Drive Growth - SBC EURASIA EN\",\"isPartOf\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2024\/09\/Sands-China.jpg\",\"datePublished\":\"2024-09-17T13:02:35+00:00\",\"dateModified\":\"2024-09-17T13:02:39+00:00\",\"author\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/f6f1bec1f527da78057fa0c8d3b56dd6\"},\"breadcrumb\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/#primaryimage\",\"url\":\"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2024\/09\/Sands-China.jpg\",\"contentUrl\":\"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2024\/09\/Sands-China.jpg\",\"width\":696,\"height\":391},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/sbceurasia.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Las Vegas Sands Increases Investment in Sands China to Drive Growth\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/sbceurasia.com\/en\/#website\",\"url\":\"https:\/\/sbceurasia.com\/en\/\",\"name\":\"SBC EURASIA EN\",\"description\":\"SBC EURASIA\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/sbceurasia.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/f6f1bec1f527da78057fa0c8d3b56dd6\",\"name\":\"Maria Khomeriki\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/27621860db8f1dbea9ee0e31b9ebafe07333552b331819831ffcb31ccb265ac2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/27621860db8f1dbea9ee0e31b9ebafe07333552b331819831ffcb31ccb265ac2?s=96&d=mm&r=g\",\"caption\":\"Maria Khomeriki\"},\"url\":\"https:\/\/sbceurasia.com\/en\/author\/maria\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Las Vegas Sands Increases Investment in Sands China to Drive Growth - SBC EURASIA EN","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/","og_locale":"en_GB","og_type":"article","og_title":"Las Vegas Sands Increases Investment in Sands China to Drive Growth - SBC EURASIA EN","og_description":"Las Vegas Sands plans to significantly increase its investment in Macau, increasing its stake in Sands China to 72%. The move was confirmed in a company statement this week and reflects the company\u2019s continued ambitions in the Macau gaming market. Las Vegas Sands also boosted its presence in the region last December by acquiring $249.56 […]","og_url":"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/","og_site_name":"SBC EURASIA EN","article_published_time":"2024-09-17T13:02:35+00:00","article_modified_time":"2024-09-17T13:02:39+00:00","og_image":[{"width":696,"height":391,"url":"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2024\/09\/Sands-China.jpg","type":"image\/jpeg"}],"author":"Maria Khomeriki","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Maria Khomeriki","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/#article","isPartOf":{"@id":"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/"},"author":{"name":"Maria Khomeriki","@id":"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/f6f1bec1f527da78057fa0c8d3b56dd6"},"headline":"Las Vegas Sands Increases Investment in Sands China to Drive Growth","datePublished":"2024-09-17T13:02:35+00:00","dateModified":"2024-09-17T13:02:39+00:00","mainEntityOfPage":{"@id":"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/"},"wordCount":290,"commentCount":0,"image":{"@id":"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/#primaryimage"},"thumbnailUrl":"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2024\/09\/Sands-China.jpg","keywords":["development","gambling","investment","Las Vegas Sands","Macau","Sam Hou Fai","Sands China"],"articleSection":["Casino","News"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/","url":"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/","name":"Las Vegas Sands Increases Investment in Sands China to Drive Growth - SBC EURASIA EN","isPartOf":{"@id":"https:\/\/sbceurasia.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/#primaryimage"},"image":{"@id":"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/#primaryimage"},"thumbnailUrl":"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2024\/09\/Sands-China.jpg","datePublished":"2024-09-17T13:02:35+00:00","dateModified":"2024-09-17T13:02:39+00:00","author":{"@id":"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/f6f1bec1f527da78057fa0c8d3b56dd6"},"breadcrumb":{"@id":"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/#primaryimage","url":"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2024\/09\/Sands-China.jpg","contentUrl":"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2024\/09\/Sands-China.jpg","width":696,"height":391},{"@type":"BreadcrumbList","@id":"https:\/\/sbceurasia.com\/en\/2024\/09\/17\/las-vegas-sands-increases-investment-in-sands-china-to-drive-growth\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/sbceurasia.com\/en\/"},{"@type":"ListItem","position":2,"name":"Las Vegas Sands Increases Investment in Sands China to Drive Growth"}]},{"@type":"WebSite","@id":"https:\/\/sbceurasia.com\/en\/#website","url":"https:\/\/sbceurasia.com\/en\/","name":"SBC EURASIA EN","description":"SBC EURASIA","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/sbceurasia.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/f6f1bec1f527da78057fa0c8d3b56dd6","name":"Maria Khomeriki","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/27621860db8f1dbea9ee0e31b9ebafe07333552b331819831ffcb31ccb265ac2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/27621860db8f1dbea9ee0e31b9ebafe07333552b331819831ffcb31ccb265ac2?s=96&d=mm&r=g","caption":"Maria Khomeriki"},"url":"https:\/\/sbceurasia.com\/en\/author\/maria\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/posts\/6877","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/comments?post=6877"}],"version-history":[{"count":1,"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/posts\/6877\/revisions"}],"predecessor-version":[{"id":6879,"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/posts\/6877\/revisions\/6879"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/media\/6878"}],"wp:attachment":[{"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/media?parent=6877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/categories?post=6877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/tags?post=6877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}