• 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 Gaming Commission ex aide testifies in LVS case

Jun 23, 2021 Newsdesk Latest News, Macau, Top of the deck  


Macau Gaming Commission ex aide testifies in LVS case

Carlos Lobo, a legal aide to the Macau Gaming Commission in 2001 and 2002 when it weighed bids for casino concessions, spoke in court on Wednesday during the third full day of a trial to determine whether Asian American Gaming Corp is entitled to the equivalent of US$12-billion compensation because of the role it claimed it had in Las Vegas Sands Corp getting a Macau permit.

Mr Lobo was called on by the Las Vegas Sands side for the hearing at Macau’s Court of First Instance.

Part of the courtroom discussion returned to a topic from the first two days of the trial: when exactly the two firms severed ties. Asian American claims Las Vegas Sands was dealing with an alternative partner for a Macau bid, at a time when Las Vegas Sands’ partnership contract with Asian American was still in force.

Las Vegas Sands had initially linked with Asian American for Macau’s licence-tender process. But the U.S. casino group later switched to a partnership with Galaxy Casino SA, before being allowed to go it alone via a sub-concession arrangement spun off from the Galaxy licence.

Mr Lobo was asked about a February 1, 2002 letter from a Las Vegas Sands entity to the Macau Gaming Commission, informing the latter of the split from Asian American.

The judge in the Macau trial, Seng Yoi Man, asked about that in court. In particular, the judge wanted to know why a final report on the bidding process, written by the Macau Gaming Commission, had mentioned that Asian American and Las Vegas Sands had parted ways on January 15, 2002.

Mr Lobo said the team drafting the concluding report “must have had a supporting document” regarding the January 15 date, but did not mention specific details.

In the morning court session, a lawyer for Asian American, Jorge Menezes, had argued unsuccessfully that Mr Lobo was not an appropriate witness, as from 2010 to 2015 he had worked as an in-house counsel for the Macau operation of Las Vegas Sands, Venetian Macau SA, the entity that holds the Macau licence.

Mr Lobo had told the court however that while in that work, he had declined a request to handle Las Vegas Sands’ defence of Asian American’s lawsuit. He stressed that at that time he had no participation in that case, nor any “direct or indirect” access to documents related to the case.

The trial resumes on July 1.


  • tweet
Related articles
  • Sands China 3Q adjusted EBITDA up 17pct q-o-q
    Sands China 3Q adjusted EBITDA up 17pct...

    Oct 19, 2023  

  • Build work on Grand Lisboa revamp next year: Daisy Ho
    Build work on Grand Lisboa revamp next...

    Oct 13, 2023  

More news
  • Casino inspector shortage even for 2024 says Macau govt
    Casino inspector shortage even for 2024...

    Dec 11, 2023  

  • Macau 2023 visitor tally likely 28mln: Secretary Lei
    Macau 2023 visitor tally likely 28mln:...

    Dec 11, 2023  


Latest News

Casino inspector shortage even for 2024 says Macau govt

Casino inspector shortage even for 2024 says Macau govt

Dec 11, 2023  

Macau’s casino regulator, the Gaming Inspection and Coordination Bureau, will see certain job roles filled during 2024, but the expected fresh recruitment will not cover all the...
Read More
Macau 2023 visitor tally likely 28mln: Secretary Lei

Macau 2023 visitor tally likely 28mln: Secretary Lei

Dec 11, 2023  

FBM takes Mythic Link to U.S. via deployment in Florida

FBM takes Mythic Link to U.S. via deployment in Florida

Dec 11, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”This new venture [with PH Resorts] is aligned with our strategy to increase our footprint in the Philippines, given our remarkable success with Okada Manila”

Byron Yip

President and COO of the operator of Okada Manila



Most Popular

  • NagaCorp announces death of founder Chen Lip KeongNagaCorp announces death of founder Chen Lip Keong December 11, 2023
  • NagaCorp names 3 sons of founder in CEO rolesNagaCorp names 3 sons of founder in CEO roles April 6, 2022
  • Okada Manila op to invest in stalled Cebu IR Emerald BayOkada Manila op to invest in stalled Cebu IR Emerald Bay December 11, 2023
  • GRA cancels an RWS employee licence, fines op US$1.7mlnGRA cancels an RWS employee licence, fines op US$1.7mln December 11, 2023
  • Macau casino staff hopeful of 2024 pay rise: repsMacau casino staff hopeful of 2024 pay rise: reps December 7, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us