Tag / las vegas sands corporation

Mixed financial results for Las Vegas Sands Corporation

American casino giant Las Vegas Sands Corporation has released its financial results for the twelve months to the end of December showing a 2.3% decrease year-on-year in overall revenues to $11.41 billion while its net income fell by some 15.5% to hit $2.02 billion. The Las Vegas-based firm operates casinos in Nevada, Pennsylvania, Singapore and […]

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Las Vegas Sands Corporation agrees to $6.96 million federal fine

American casino giant Las Vegas Sands Corporation has reportedly agreed to pay a criminal penalty of $6.96 million in order to end the long-running probe by the United States Department Of Justice into whether it violated a federal anti-bribery law by making payments to a consultant in order to help it do business in China […]

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Macau casino operators premiere 50 new gaming tables

In Macau, Wynn Macau Limited and Sands China Limited have each reportedly been granted permission to operate 25 new live-dealer gaming tables after applying for authorization under the provisions of a government policy announced in the summer. According to a report from GGRAsia, Wynn Macau Limited, which is a subsidiary of American casino giant Wynn […]

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Table games help Pennsylvania casinos report record-breaking year

The twelve casinos in Pennsylvania had a record-breaking year in 2016 as their combined gross gaming revenues improved by 1.25% year-on-year to hit $3.21 billion thanks in large part to an all-time high in takings from table games. According to official figures from the Pennsylvania Gaming Control Board, aggregated gross table gaming revenues for 2016 […]

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Sheldon Adelson dismisses libel lawsuit against newspaper reporter

Billionaire casino magnate Sheldon Adelson has reportedly settled a libel lawsuit he had brought against a reporter from The Wall Street Journal newspaper regarding a 2012 article in which he was described as “foul-mouthed”. According to a report from The Wall Street Journal, both sides agreed to dismiss the suit brought in 2013 on Thursday […]

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Macau casino workers demonstrate for pay increases

In Macau, about 200 casino workers reportedly held a demonstration on Monday calling for a 5% pay rise and legislation that would allow trade unions to call strikes and better represent their members. According to a report from GGRAsia, the rally was organized by Professionals For Gaming Of New Macau in an attempt to force […]

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Marina Bay Sands wins judgement against former VIP player

The highest court in Singapore has reportedly ruled in favor of Las Vegas Sands Corporation by ordering a premium casino player to pay off a debt of over $2 million to its Marina Bay Sands casino. According to a report from The Straits Times newspaper, the giant casino obtained a summary judgment against Singaporean businessman […]

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