LVS REMAINS CONFIDENT ON CONCESSION RENEWAL IN MACAU

Las Vegas Sands (LVS) remains confident in the gaming concessionaire renewal process, as it boasts its track record, development, and investment in the city.

In its annual earnings call for the third quarter, chairman and CEO Rob Goldstein was assured that there are no chances of Macau being excluded in operating any casino assets in the near future.

“We have the unparalleled track record,”the executive said.
“I think the government has recognized we’ve been an awfully good licensee and partner and friends with China and Macau, and we’re eager to be back there. So no, I don’t believe that’s a possibility [of a fall out],” Goldstein added.

Source: https://macaudailytimes.com.mo/gaming-lvs-remains-confident-on-concession-renewal-in-macau.html