• 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

Sands China declares 2017 final dividend

Mar 16, 2018 Newsdesk Latest News, Macau, Top of the deck  


Sands China declares 2017 final dividend

Macau casino operator Sands China Ltd on Friday said its board had approved a final dividend of HKD1.00 (US$0.1275) per share. Sands China said it expects to pay the dividend on June 22 to shareholders whose names appear on the register of members on June 4.

The proposed final dividend is subject to the approval of shareholders at an annual general meeting on May 25, the firm said in a filing to the Hong Kong Stock Exchange.

In January, Sands China’s board had announced an interim dividend of HKD0.99 per share.

Net revenues for Sands China – on a U.S.-generally accepted accounting principles (GAAP) basis – increased 15.7 percent to US$7.74 billion in full-year 2017, compared to US$6.69 billion in 2016. Net income for the company increased 31.1 percent to US$1.60 billion in 2017, compared to US$1.22 billion in 2016.

Sands China’s parent firm, U.S.-based casino operator Las Vegas Sands Corp, said late last year it would invest US$1.1 billion in revamping its Cotai facilities, including a rebranding of Sands Cotai Central as the Londoner Macao and an increase in the number of hotel rooms available at its properties.

A senior executive at Las Vegas Sands said recently that the company “would like to build more hotel inventory [in Macau] besides what we have already announced”.


  • tweet
Related articles
  • 71pct of Sands China licence spend for venues says parent
    71pct of Sands China licence spend for...

    Jan 26, 2023  

  • LVS flags strong recovery in Macau, capacity bottlenecks
    LVS flags strong recovery in Macau,...

    Jan 26, 2023  

More news
  • Available Macau casino tables busy at tail of CNY hols
    Available Macau casino tables busy at...

    Jan 27, 2023  

  • Macau economy to see double-digit growth in 2023: AMCM
    Macau economy to see double-digit...

    Jan 27, 2023  


Latest News

Available Macau casino tables busy at tail of CNY hols

Available Macau casino tables busy at tail of CNY hols

Jan 27, 2023  

Some Macau casinos visited by GGRAsia on Thursday, actually had tables that were closed, notwithstanding strong consumer demand during Chinese New Year (CNY). The reasons for some tables being...
Read More
Macau economy to see double-digit growth in 2023: AMCM

Macau economy to see double-digit growth in 2023: AMCM

Jan 27, 2023  

Macau, APAC early gainers in China tourist return says Fitch

Macau, APAC early gainers in China tourist return says

Jan 27, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


384,600

Aggregate number of visitors to Macau during the first six days of the Chinese New Year holiday break



Most Popular

  • Available Macau casino tables busy at tail of CNY holsAvailable Macau casino tables busy at tail of CNY hols January 27, 2023
  • G2E Asia in-person for Macau in 2023, first time since 2019G2E Asia in-person for Macau in 2023, first time since 2019 January 27, 2023
  • Nearly 70k visitors to Macau on 6th day of CNY breakNearly 70k visitors to Macau on 6th day of CNY break January 27, 2023
  • 71pct of Sands China licence spend for venues says parent71pct of Sands China licence spend for venues says parent January 26, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us