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Las Vegas Sands Increases Stake in Sands China

Las Vegas Sands Increases Stake in Sands China

Las Vegas Sands Increases Stake in Sands ChinaLas Vegas Sands (LVS) aims to consolidate its majority ownership in its Macau affiliate, Sands China, with a new capital injection of up to HK$800 million ($102.6 million). This tactical move by the gaming powerhouse will extend its majority ownership to

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Macau maintains junkets cap at 50 for 2025, tightens credit rules

Macau maintains junkets cap at 50 for 2025, tightens credit rules

Macau's Gaming Inspection and Coordination Bureau (DICJ) has announced that the number of licensed gaming promoters, or junkets, permitted in the gambling hub will be capped at 50 for 2025, maintaining the same limit as the current year. Despite this cap, less than half of the permitted quota is cu

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Macau's gaming revenue climbs 11.6% in July to $2.31B, first seven months total $16.44B

Macau's gaming revenue climbs 11.6% in July to $2.31B, first seven months total $16.44B

Macau's gross gaming revenue (GGR) for July reached MOP18.59 billion ($2.31 billion), marking an 11.6% increase year-on-year and a 5% rise compared to the previous month. However, the figures, reported byMacau's Gaming Inspection and Coordination Bureau (DICJ), reflect a near-24% decline from

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