Sands China Receives New 10-Year Gaming License – Las Vegas Sands…

Sands China Receives New 10-Year Gaming License – Las Vegas Sands…

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The tender underscored the company’s continued investment in Macao

MACAO, China, November 26, 2022 /PRNewswire/ — Sands China Group has been awarded a new 10-year gaming concession Macaoas announced by the Macao government saturday. The concession will be awarded on an interim basis, subject to the completion and completion of a new gaming concession agreement with Macau SAR.

Robert G GoldsteinChairman and Chief Executive Officer of Sands China Ltd. (HKEx: 1928) and its parent company Las Vegas Sands Corp. I AGAINSTsaid: “Our commitment to Macao has never wavered and we are honored to continue the partnership we began with the government and the people Macao 20 years ago. In the coming decade and beyond, we will remain committed to our strategy of continually investing in Macao – in its economy, its people and its community. Macau The future as an international tourism destination remains bright and we look forward to further expanding our leadership role and helping to realize its full potential.”

DR Wilfred WangPresident of Sands China Ltd., commented, “The entire company is delighted to hear of the news of our successful bid for a new 10-year gaming concession. We are grateful to each of our 25,000 team members for their tireless support and dedication. Our thanks also go to the tender committee for the careful and well thought-out examination of the tender documents, for which we will do our utmost Macau economic diversification and its continued development into a world-class international tourism destination.”

sand of China Tender documents in September underscored the company’s unprecedented level of investment in Macao, especially in the area of ​​tourist facilities and attractions outside of gambling. It also detailed Sands China’s plans to increase the attractiveness of Macao as an international tourist destination.

Other submission highlights included a summary of Sands China’s industry-leading programs to support and assist local SMEs,…

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