Las Vegas Sands CEO Praises China With Macau Gaming License Up for Renewal

Now is apparently not the time for Las Vegas Sands leadership to start spouting off what they don’t like about their largest gaming market.

Las Vegas Sands CEO Robert Goldstein and others in the company’s C-suite spent most of the company’s third quarter earnings call Wednesday laying out why they aren’t concerned by Chinese gaming regulators’ plan to increase scrutiny on Macau gaming operators. Instead, they repeatedly described regulators there as “very reasonable, very thoughtful, and very fair.”

The investor call was Las Vegas Sands’ first since the company’s stock tanked on news last month regulators were considering a wave of new oversight measures ahead of next year’s license renewals in Macau.

Source: https://skift.com/2021/10/20/las-vegas-sands-ceo-praises-china-with-macau-gaming-license-up-for-renewal/