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may26 Online gaming ‘not something that we intend to pursue’: Las Vegas Sands boss Patrick Dumont Published May 28, 2026 Share 7 Min Rea U.S.-based international casino operator Las Vegas Sands Corp has no plans to enter the regulated online gaming market, even through the licensing of its brands. The group is, however, tapping into artificial intelligence (AI) and other technology-powered tools to boost its business analytics. That is according to Patrick Dumont (pictured in a file photo), the firm’s chairman and chief executive. Online gaming “is not something that we intend to pursue,” he said on Thursday during the Bernstein 42nd Annual Strategic Decisions Conference, held in New York in the United States. Las Vegas Sands is the parent company of Macau-based casino operator Sands China Ltd. The parent company also controls the Marina Bay Sands casino complex, one half of Singapore’s casino duopoly. https://www.ggrasia.com/online-gaming-not-something-that-we-intend-to-pursue-las-veg...

 may25 T he  non-gaming investment plans for 2023 by the city’s six gaming concessionaires generated over MOP30 billion in gross production value for Macau’s economy, according to Secretary for Economy and Finance Anton Tai Kin Ip. In a plenary session of the Legislative Assembly (AL) yesterday, lawmaker Ron Lam presented an oral inquiry urging the government to strengthen supervision of non-gaming investment plans by gaming concessionaires and implement robust employee protection measures for their workforce. In response, the Secretary emphasized that the government has consistently maintained clear mechanisms for monitoring both the pre-implementation and post-implementation phases. “The [gaming concession] contract terms also require approved companies to submit detailed annual project implementation reports to the government, which must include information on the specific implementation status, amounts invested, timelines, and outcomes,” he said. While acknowledging that t...

out25  luxury segment The average hotel room rate in Macau declined for a third consecutive month in August, driven by a continued slide in prices at five-star properties, even as mid-tier hotels posted gains. According to the latest data from the Macau Hotel Association, published by the Macau Government Tourism Office (MGTO), the city’s average hotel room rate dipped 0.4 percent year-on-year to MOP1,461.3 (US$182.1) in August. The softness was most pronounced in the luxury segment. The five-star hotel rate fell 1.9 percent from a year earlier to MOP1,615.5, marking the 14th consecutive monthly decline since June 2024. In contrast, the average price of four-star hotels rose 1.8 percent year-on-year to MOP1,230.9 in August, while three-star properties saw a 2 percent drop with the average nightly rate falling to MOP1,015.8. Driven by a surge in tourist arrivals, hotel occupancy in Macau remained strong in August, averaging 96.6 percent across the three hotel categories, up 0.4 perc...