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GGRAsia – S&P ranks Sands China in top 1pct of China firms for ESG
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GGRAsia – Marina Bay Sands has new app enabling online check in
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The chairman and chief executive of the parent firm of Macau casino operator Sands China Ltd said on Wednesday he was “disappointed” about the pace of recovery in the Macau gaming market, but understood the Macau and mainland China authorities had opted for a safety-first approach amid the Covid-19 pandemic.
Robert Goldstein (pictured, top left), boss of United States-based Las Vegas Sands Corp (LVS), was speaking during the Bernstein Annual Strategic Decisions Conference, in a session held online and hosted by Sanford C. Bernstein Ltd analyst Vitaly Umansky (pictured, top right).
Mr Goldstein stated regarding the pace of Macau’s rebound: “We are disappointed… we were hoping for a quicker recovery”. But the Las Vegas Sands executive added he understood that the authorities in Macau and the mainland were “very cautious” on travel easing, as they had a “zero-tolerance policy” toward Covid-19.
GGRAsia – MBS tests more than 7,400 employees for Covid-19
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A number of casino industry equipment suppliers say they have observed a trend of casino players in Asia shifting their interest from traditional live-dealer tables to electronic table games (ETGs) amid the pandemic.
Possible factors include the relative ease of cleaning ETG play surfaces, and the ease of maintaining social distancing rules by keeping alternate ETG terminals switched off. A number of Asian casino operators has reported on the challenges posed by getting players at live-dealer tables to adhere to social distancing rules.
Jim Preston, product director of electronic table systems – Australasia at Scientific Games Corp, suggested in the firm’s recent online event for its customers, SG Asia Summit, there were signs of players having “moved across from live tables to the ETGs”.