Sands China expects Feb casino revenue to hit USD 2.5B
Wednesday 14 de February 2024 / 12:00
⏱ 1 min read
(Macau).- Macau has the potential to generate up to MOP20 billion (US$2.5 billion) in gross gaming revenue this month amid soaring momentum in the tourism industry, Sands China’s Wilfred Wong has predicted.
The rosy picture was painted by Wong, executive vice chairman and executive director of Sands China, earlier this week on the sidelines of a Lunar New Year celebration for the casino operator’s properties.
According to Macao Daily News, Wong said that all hotels under Sands China were “fully booked” for the first few days of the week-long festival, which concludes this weekend.
He cited the recent estimate of 120,000 tourists per day made by the Tourism Office as a potential driver.
It is close to the 2019 level, he stressed.
In December last year, the average occupancy rate of hotel rooms rose by 43.1 percentage points year on year to nearly 86 per cent, as per the Statistics and Census Service.
Wong expressed his confidence that the tally for February could inch up further.
His prediction is in line with that of brokerage Morgan Stanley, which believes that February casino revenue could hit the MOP20 billion mark.
Categoría:Casino
Tags: Sin tags
País: Macao
Región: Asia
Event
SBC Summit Americas 2026
09 de June 2026
Belatra Games Highlights Networking Value at SBC Summit Americas 2026
(Fort Lauderdale, SoloAzar Exclusive).- Lucila M. Barletta, Head of Accounts LatAm at Belatra Games, shared her insights on the company’s participation at SBC Summit Americas. From strengthening partnerships to exploring new opportunities, she emphasized the importance of both large industry events and smaller networking experiences in driving meaningful business growth.
Friday 03 Jul 2026 / 12:00
Zenith Strengthens LATAM Presence at SBC Summit Americas
(Fort Lauderdale, SoloAzar Exclusive).- In conversation with SoloAzar, Eddie Morales, Zenith's Business Development Manager, shared the company’s objectives at SBC Summit Americas, the opportunities generated, and the outlook on the future of the gaming industry in Latin America.
Friday 03 Jul 2026 / 12:00
LSports LATAM Secures Major Partnerships at SBC Summit Americas 2026
(Fort Lauderdale, SoloAzar Exclusive).- In Q&A after SBC Summit Americas 2026, Fernando Martinez, representative of LSports LATAM, talked about the company’s goals, achievements, and future plans in the region. Martinez shares insights on the evolving dynamics of the Latin American market, the importance of strategic partnerships, and how LSports is positioning itself as a leading data and trading services provider.
Wednesday 01 Jul 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
