Oct 23, 2014 Newsdesk Industry Talk, Latest News  
Sands China Ltd, the operator of the Venetian Macao casino resort (pictured), announced that David Fleming, the firm’s secretary and general counsel, will retire with effect from April 1, 2015. Mr Fleming, 67, has served in these roles since January 2011, the company said in a filing to the Hong Kong Stock Exchange.
The executive is also the authorised representative of Sands China and the alternate director to Michael Leven since 2011. Mr Leven, president and chief operating officer of parent Las Vegas Sands Corp, is also retiring when his contract expires at the end of this year.
Sands China said it would engage Mr Fleming as a consultant from July 1, 2015.
“The board wishes to express its gratitude to Mr Fleming for his service to the board, the company and the company’s shareholders during his term as company secretary and general counsel, authorised representative and alternate director,” Sands China said in Wednesday’s filing.
The company will now be conducting a search “for an appropriate candidate” to take up the roles following Mr Fleming’s retirement, it added.
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Macau casino operator Wynn Macau Ltd said on Wednesday that its long-serving president, Ian Coughlan (pictured), would be leaving his role in February next year. Linda Chen will take over as...
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”As the Macau gaming revenue structure is now leaning heavily towards the mass business … once the border fully reopens, the recovery from mass should drive the sector to bounce more swiftly”
Vitaly Umansky, Louis Li and Shirley Yang
Analysts at Sanford C. Bernstein