Sands China Awarded New 10-Year Gaming Concession – QNT Press Release


Tender submission highlighted company’s continuous investment in Macao

MACAO, China, Nov. 26, 2022 /PRNewswire/ — The Sands China group has been awarded a new 10-year gaming concession in Macaoas announced by the Macao government Saturday. The concession is awarded on a provisional basis, subject to finalizing and entering into a new gaming concession contract with the Macao SAR.

Robert G. Goldsteinthe chairman and chief executive officer of Sands China Ltd. (HKEx: 1928) and its parent company Las Vegas Sands Corp. (NYSE:LVS), said: “Our commitment to Macao has never waved and we are honored to continue the partnership we began with the government and people of Macao 20 years ago. In the coming decade and beyond, we will remain steadfast in our strategy of continuous investment in Macao – in its economy, its people and its community. Macao’s future as an international tourism destination remains bright and we look forward to furthering our leadership role in helping it reach its full potential.”

Dr. Wilfred Wongpresident of Sands China Ltd., remarked: “The entire company is elated at 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 Gratitude also goes to the tender committee for its meticulous and thoughtful consideration of the tender submissions. We will do our utmost to further contribute to Macao’s economic diversification and its continuing development into a world-class international tourism destination.”

Sands

Full story available on Benzinga.com



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