Speaking during the group’s latest financial period earnings call, Sands China new CEO and Chairman, Robert Goldstein, underlined that there is “no better market” for the gaming group to invest at the moment than Macau.
The Sands CEO stated that before his passing the group’s founder, Sheldon Adelson indicated that he couldn’t “wait to invest US$5 billion (MOP626.1 billion) to US$10 billion in Macau, with Goldstein noting that whenever the Macau government makes a decision on the future concessions set to expire in 2022 it will be contingent upon a “rather substantial capital investment”.
“While the pandemic continues to impact our business adversely, we have achieved positive EBITDA in both Macau and Singapore in the…