• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Macau casino operators boost employee benefits

Jul 17, 2014 Newsdesk Latest News, Macau  


Macau casino operators boost employee benefits

Macau casino investor Sands China Ltd announced on Wednesday a new round of salary adjustments and promotions for eligible employees. Qualified dealers will be promoted to pit supervisors and all level one pit managers will be promoted to level two pit managers with effect from August 1, the company said in a statement.

Also on Wednesday, Sands China’s market rival Wynn Macau Ltd issued 7.5 million shares under the Limited Employee Ownership Scheme adopted on June 30. Wynn Macau offered 1,000 shares to each of its 7,500 employees.

Casino operators in Macau have been maximising employee benefits in a bid to retain and help recruit staff ahead of the opening of the new casino resorts in Cotai.

There are currently seven new casino-resort venues under construction in Cotai, scheduled to open between 2015 and 2017.

“[The] Macau gaming industry is confronting a severe labour shortage,” Morgan Stanley Research Asia Pacific said in a report last year. The investment bank forecasts that labour demand for the city’s casino resorts will rise by 38 percent between 2015 and 2018, fuelled by the opening the new projects. Many of the jobs to be created will be for dealers.

Macau had over 25,300 dealers by the end of last year, but there were still more than 1,000 vacant dealer positions, according to official data.

“Considering the large size of its workforce, the company must ensure that each phase of its team member plan is launched with careful consideration, taking into account the ever-changing business environment, the company’s competitiveness in the business, and ensuring sustainable workforce measures,” Sands China said in Wednesday’s statement.

Sands China had 25,872 full-time team members as of December 31, 2013, according to the firm’s annual report.

Earlier this month, the operator announced a special award of one-month’s additional salary for all manager grade and below team members in July, to be paid annually through 2017. Sands China’s parent firm Las Vegas Sands Corp said on Wednesday that a Macau staff bonus it referred to as a “14th month” payment had an impact on second quarter Macau earnings and thus on group earnings.


  • tweet
Related articles
  • Wynn to spend up to US$220mln in 2023 capex in Macau
    Wynn to spend up to US$220mln in 2023...

    Feb 09, 2023  

  • LVS ranked by S&P as most sustainable casino sector firm
    LVS ranked by S&P as most...

    Feb 08, 2023  

More news
  • MGM China had record market share in Jan: COO Wang
    MGM China had record market share in...

    Feb 09, 2023  

  • HK singer Joey Yung to open residency shows for Studio City
    HK singer Joey Yung to open residency...

    Feb 09, 2023  


Latest News

MGM China had record market share in Jan: COO Wang

MGM China had record market share in Jan: COO Wang

Feb 09, 2023  

Macau casino operator MGM China Holdings Ltd had a “record” market share in January, and its venues were the “highest-earning businesses” in the portfolio of the majority owner MGM Resorts...
Read More
HK singer Joey Yung to open residency shows for Studio City

HK singer Joey Yung to open residency shows for Studio City

Feb 09, 2023  

Wynn to spend up to US$220mln in 2023 capex in Macau

Wynn to spend up to US$220mln in 2023 capex in Macau

Feb 09, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

"The company will scrutinise the [26 Capital] lawsuit and properly deal with it"

Universal Entertainment

Japanese firm that controls the Okada Manila casino resort in the Philippines



Most Popular

  • Macau mulls subsidy of up to US$62 per overseas visitorMacau mulls subsidy of up to US$62 per overseas visitor February 7, 2023
  • Macau early Feb average daily GGR higher than Jan: JPMMacau early Feb average daily GGR higher than Jan: JPM February 6, 2023
  • LVS ranked by S&P as most sustainable casino sector firmLVS ranked by S&P as most sustainable casino sector… February 8, 2023
  • Ex-junket boss Levo Chan aimed to go to Taiwan: policeEx-junket boss Levo Chan aimed to go to Taiwan: police February 7, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us