Said Sheldon Adelson

Revenue growth in Macau could go up 50 % plus

(Macau).- Gross gaming revenue growth in Macau could “easily grow” 50 % or more this year, the chairman of Sands China, Sheldon Adelson told Bloomberg this week.
2011-09-23
Reading time 19 seg
(Macau).- Gross gaming revenue growth in Macau could “easily grow” 50 % or more this year, the chairman of Sands China, Sheldon Adelson told Bloomberg this week.

Macau revenue surged 47 % to us$ 21.6 billion in the eight months ended in August.

Adelson also said Las Vegas Sands’ board is “seriously considering” paying a dividend as early as next year as growing cash from Macau and Singapore exceeds the company’s needs for potential expansion in Asia and Europe.

Related topics:
Leave your comment
Subscribe to our newsletter
Enter your email to receive the latest news
By entering your email address, you agree to Yogonet's Terms of use and Privacy Policies. You understand Yogonet may use your address to send updates and marketing emails. Use the Unsubscribe link in those emails to opt out at any time.
Unsubscribe
EVENTS CALENDAR