International edition
June 15, 2021

Edward Tracy, Sands China President and CEO

“I see momentum continuing in Macau”

(Macau). - “Past experience is not always a predictor of future performance, but we are very pleased with our business in Macau and our prospects for the future,” said Sands China President and CEO, Edward Tracy.

H

e expects the company’s financial momentum to continue on the heels of a successful Chinese New Year.

Tracy also said he was pleased with recently published reports which showed that Sands China’s table market share over 16 days is 25.8pct versus total share of 21.8pct for the fourth quarter of 2013. Those same reports said that through Feb. 16, Sands China led the Macau market with a share of 25.8pct while its next closest competitor was at 21.4 per cent.

As its market share grows, Sands China has importantly been witnessing record growth in EBITDA as well. The company’s 2013 annual results reported adjusted EBITDA of USD2,900.5 million, the highest ever for the Group and an increase of 46.7 per cent compared to US$1,977.7 million the year prior.

“It is gratifying to see the continued growth of Mr. Adelson’s vision for the Cotai Strip and the success it continues to have. We remain dedicated to investing even more in the future of Macau through the opening of the St. Regis and The Parisian Macao,” he concluded.

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