The Venetian Macao, Sands Macao, The Plaza Macao, The Londoner Macao, The Parisian Macao, ferry and other activities are the six parts that Sands China operates in Macau.
Gaming spaces, conference space, convention and exposition halls, retail and dining facilities, and entertainment venues are all part of the company’s operations.
Sands China Ltd maintained its good momentum in the three months ended June 30, 2021, with net revenues up 10.1 percent to US$849 million and Adjusted EBITDA up 32 percent to US$132 million, compared to the March quarter.
The results were also a stark contrast to the second quarter of 2020, when revenue from Macau operations hit a pitiful US$40 million in the midst of the COVID-19 outbreak. Although Sands China nevertheless lost US$166 million in the second quarter, it was a steady improvement from losses of US$549 million in the second quarter, US$562 million in the third quarter, US$246 million in the fourth quarter, and US$213 million in the first quarter.
The Venetian Macao, The Londoner Macao, The Parisian Macao, Sands Macao, and The Plaza Macao are all operated by Sands China.
LVS Chairman and CEO Robert Goldstein said, “We couldn’t be more excited about the possibility to welcome more guests back to our facilities when bigger quantities of people are eventually able to travel to Macau, Singapore, and Las Vegas.” “Demand for our offerings from those who have been allowed to visit continues to be strong, but pandemic-related travel restrictions, particularly in Macau and Singapore, continue to limit visitation and hampered our current financial performance… However, we are optimistic about the ultimate rebound in travel and tourist spending in all of our markets.
