• 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
  • Features
  • Industry Talk
  • Trends & Tech
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Sands China declares 2017 interim dividend

Jan 19, 2018 Newsdesk Latest News, Macau, Top of the deck  


Sands China declares 2017 interim dividend

Macau casino operator Sands China Ltd announced on Friday an interim dividend of HKD0.99 (US$0.1266) per share.

The firm said it expects to pay the dividend on February 23 to shareholders whose names appear on the register of members on February 5.

In August, Sands China stated in a filing to the Hong Kong Stock Exchange that profit for the six months to June 30 had increased about 23 percent judged year-on-year, to US$678 million. It added that net revenues in the first half rose 19.5 percent year-on-year, to US$3.70 billion. The firm said such growth was “mainly driven by the opening of the Parisian Macao in September 2016 and the recovery of the Macau gaming market”.

Las Vegas Sands Corp, the parent company of Sands China, announced in October that it would be investing US$1.1 billion in Macau over the next three years. The bulk of that investment – approximately US$700 million – would be used for rebranding the Sands Cotai Central property (pictured) into The Londoner Macao, said Las Vegas Sands.

Sands China president and chief operating officer, Wilfred Wong Ying Wai, said this week that the redevelopment of Sands Cotai Central will begin at the end of this year. The revamp – which will seek to renovate, expand and rebrand the property using iconic symbols of the British capital – was currently in the design stage with regard to changes for the property’s exterior and interior, the executive told local Chinese-language newspaper Macao Daily News.


  • tweet
Related articles
  • Moody’s expects MGM, Wynn to pursue large IR development 
    Moody’s expects MGM, Wynn to pursue...

    Apr 08, 2021  

  • LVS assessing AML controls at Marina Bay Sands: report
    LVS assessing AML controls at Marina...

    Mar 29, 2021  

More news
  • Macau govt, analysts tip May Day bounty at casino resorts
    Macau govt, analysts tip May Day bounty...

    Apr 20, 2021  

  • Paradise Ent says deployment of own slots hit by pandemic
    Paradise Ent says deployment of own...

    Apr 20, 2021  


Latest News

Macau govt, analysts tip May Day bounty at casino resorts

Macau govt, analysts tip May Day bounty at casino resorts

Apr 20, 2021  

The average nightly occupancy rate for Macau hotels – including properties in casino resorts – could reach “70 percent to 80 percent” during the upcoming Labour Day break in May,...
Read More
Paradise Ent says deployment of own slots hit by pandemic

Paradise Ent says deployment of own slots hit by pandemic

Apr 20, 2021  

Belle Corp 2020 gaming revenue from CoD Manila dips 79pct

Belle Corp 2020 gaming revenue from CoD Manila dips 79pct

Apr 20, 2021  

Japan casino draft rules strict, but evolving: experts

Japan casino draft rules strict, but evolving: experts

Apr 20, 2021  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


US$4.3 billion

Budget for Genting Bhd's Resorts World Las Vegas, to open June 24



Most Popular

  • Macau gaming demand recovering comfortably: analystsMacau gaming demand recovering comfortably: analysts April 20, 2021
  • Talks on NagaWorld lay-offs amid pandemic: sourceTalks on NagaWorld lay-offs amid pandemic: source April 19, 2021
  • NUSTAR complex in Cebu slated to open 2022: UHRINUSTAR complex in Cebu slated to open 2022: UHRI April 16, 2021
  • Macau VIP GGR up 20pct sequentially in 1Q: govtMacau VIP GGR up 20pct sequentially in 1Q: govt April 16, 2021
  • Oaktree offers US$$2.3bln for Crown to buy out PackerOaktree offers US$$2.3bln for Crown to buy out Packer April 19, 2021
Copyright 2014-2021 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us