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For the quarter ended September 30, 2026

Net Revenue $3.22 billion
Net Income $352 million
Diluted Earnings per Share $0.48
Consolidated Adjusted Property EBITDA $1.12 billion
LVS Repurchased $950 million of Common Stock During the Quarter
LVS Board of Directors Announced a 20% Increase in LVS's Recurring Common Stock Dividend for the 2027 Calendar Year, Raising the Annual Dividend to $1.44 per Share ($0.36 per Share per Quarter)

, /PRNewswire/ -- Las Vegas Sands (NYSE: LVS), the leading global developer and operator of Integrated Resorts, today reported financial results for the quarter ended September 30, 2026.

"We continued to execute our strategic objectives during the quarter in both Singapore and Macao while increasing the return of capital to shareholders, including through the repurchase of $950 million of our common stock during the quarter," said Patrick Dumont, chairman and chief executive officer.

"At Marina Bay Sands in Singapore, we delivered solid financial performance.  We remain enthusiastic about our growth prospects in Singapore both today and upon the completion of our ongoing expansion project, which will meaningfully increase our suite capacity and entertainment offerings, including through the introduction of an arena designed to be the most important entertainment venue in the region.

"We are encouraged by our progress in Macao during the quarter, with our ongoing investments in enhanced service and hospitality offerings contributing to growth in volumes across all gaming segments as compared to the prior year.

"We remain confident in our long-term strategy in both Singapore and Macao and will continue to invest in future growth.  We are fortunate to have the balance sheet and cash flow strength to support our meaningful capital investment programs, positioning our portfolio of properties to capitalize on the growing demand for premium travel and world-class entertainment experiences in the region.

"We strongly believe that our people, our products and our focus on delivering outstanding service, hospitality and entertainment experiences to our customers will drive growth for the company and deliver strong returns to our shareholders in the years ahead."

Net revenue was $3.22 billion, compared to $3.33 billion in the prior year quarter.  Operating income was $618 million, compared to $719 million in the prior year quarter.  Net income in the third quarter of 2026 was $352 million, compared to $491 million in the third quarter of 2025. 

Consolidated adjusted property EBITDA was $1.12 billion, compared to $1.34 billion in the prior year quarter.

Sands China Ltd. Consolidated Financial Results
On a GAAP basis, total net revenues for SCL increased 1.4% to $1.93 billion, compared to the third quarter of 2025.  Net income for SCL decreased 29.8% to $191 million, compared to $272 million in the third quarter of 2025.

Other Factors Affecting Earnings
Interest expense, net of amounts capitalized, was $186 million for the third quarter of 2026, compared to $187 million in the prior year quarter.  Our weighted average debt balance was $15.53 billion during the third quarter of 2026, compared to $15.94 billion during the third quarter of 2025.  Our weighted average borrowing cost was 4.7% during the third quarter of 2026, compared to 4.5% during the third quarter of 2025.

Our effective income tax rate for the third quarter of 2026 was 22.5%, compared to 15.6% in the prior year quarter.  The income tax rate for the third quarter of 2026 was primarily driven by a 17% statutory rate on our Singapore operations.

Stockholder Returns
During the third quarter of 2026, we repurchased $950 million of our common stock (approximately 21 million shares at a weighted average price of $45.31).  The remaining amount authorized under our share repurchase program was $5.06 billion as of September 30, 2026.  Since the resumption of our share repurchase program in the fourth quarter of 2023 through September 30, 2026, we have repurchased 19.0% of our outstanding shares, approximately 145 million shares of our common stock at an average price of $48.03, for a total investment of $6.98 billion.  The timing and actual number of shares to be repurchased in the future will depend on a variety of factors, including the company's financial position, earnings, legal requirements, other investment opportunities and market conditions.

During the third quarter of 2026, we purchased 62 million shares of SCL common stock for HKD 793 million (approximately $101 million at exchange rates in effect at the time of the transactions), increasing the company's ownership percentage of SCL to 75.56% as of September 30, 2026.

We paid a quarterly dividend of $0.30 per common share during the quarter.  Our next quarterly dividend of $0.30 per common share will be paid on November 10, 2026, to Las Vegas Sands stockholders of record on November 2, 2026.

Balance Sheet Items
Unrestricted cash balances as of September 30, 2026 were $2.86 billion.

The company has access to $4.27 billion available for borrowing under our U.S., SCL and Singapore revolving credit facilities, net of outstanding letters of credit, and $4.57 billion available under a delayed draw term loan facility that may be used to finance development and construction costs, expenses, fees and other payments related to the MBS Expansion Project.  As of September 30, 2026, total debt outstanding, net of deferred offering costs and original issue discounts, excluding finance leases, was $15.30 billion.

Capital Expenditures
Capital expenditures during the third quarter totaled $281 million, including construction, development and maintenance activities of $154 million in Macao, $121 million at Marina Bay Sands and $6 million in corporate and other.

Conference Call Information
The company will host a conference call to discuss the company's results on Wednesday, October 21, 2026, at 1:30 p.m. Pacific Time.  Interested parties may listen to the conference call through a webcast available on the company's website at www.sands.com. 

About Sands (NYSE: LVS)
Sands is the leading global developer and operator of integrated resorts. The company's iconic properties drive valuable leisure and business tourism and deliver significant economic benefits, sustained job creation, financial opportunities for local businesses and community investment to help make its host regions ideal places to live, work and visit.  

Sands' portfolio of properties includes Marina Bay Sands® in Singapore and The Venetian® Macao, The Londoner Macao®, The Parisian® Macao, The Plaza® Macao and Four Seasons® Hotel Macao, and Sands® Macao in Macao SAR, China, through majority ownership in Sands China Ltd.  

Dedicated to being a leader in corporate responsibility, Sands is anchored by the core tenets of serving people, communities and the planet. The company's ESG leadership has led to inclusion on the Dow Jones Best-in-Class Indices for World and North America, as well as Fortune's list of the World's Most Admired Companies. To learn more, visit www.sands.com. 

Forward-Looking Statements
This press release contains forward-looking statements made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995.  These forward-looking statements include the discussions of our business strategies and expectations concerning future operations, margins, profitability, liquidity and capital resources.  In addition, in certain portions included in this press release, the words "anticipates," "believes," "can," "continues," "estimates," "expects," "goals," "intends," "looks forward to," "may," "opportunities," "plans," "positions," "remains," "seeks," "should," "targets," "will," "would" and similar expressions, as they relate to our company or management, are intended to identify forward-looking statements.  Although we believe these forward-looking statements are reasonable, we cannot assure you any forward-looking statements will prove to be correct.  These statements represent our expectations, beliefs, intentions or strategies concerning future events that, by their nature, involve a number of risks, uncertainties or other factors beyond our control, which may cause our actual results, performance, achievements or other expectations to be materially different from any future results, performance, achievements or other expectations expressed or implied by these forward-looking statements.  These factors include, but are not limited to, the risks associated with: our gaming license in Singapore and concession in Macao and amendments to Macao's gaming laws; general economic conditions; disruptions or reductions in travel and our operations due to natural or man-made disasters, pandemics, epidemics or outbreaks of infectious or contagious diseases; our ability to invest in future growth opportunities, or attempt to expand our business in new markets and new ventures, execute our capital expenditure programs at our existing properties and produce future returns; government regulation; the extent to which the laws and regulations of mainland China become applicable to our operations in Macao and Hong Kong; the possibility that economic, political and legal developments in Macao adversely affect our Macao operations, or that there is a change in the manner in which regulatory oversight is conducted in Macao; our subsidiaries' ability to make distribution payments to us; substantial leverage and debt service; fluctuations in currency exchange rates and interest rates; our ability to collect gaming receivables; win rates for our gaming operations; risk of fraud and cheating; competition; tax law changes; political instability, civil unrest, terrorist acts or war; legalization of gaming; insurance; limitations on the transfers of cash to and from our subsidiaries; limitations of the pataca exchange markets; restrictions on the export of the renminbi; and other risks and uncertainties detailed in Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q filed by Las Vegas Sands Corp. with the Securities and Exchange Commission.  Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date such statement is made.  Las Vegas Sands Corp. assumes no obligation to update any forward-looking statements and information.

Las Vegas Sands Corp.
Third Quarter 2026 Results
Non-GAAP Financial Measures

Within the company's third quarter 2026 press release, the company makes reference to certain non-GAAP financial measures that supplement the company's consolidated financial information prepared in accordance with GAAP including "adjusted net income (loss)," "adjusted earnings (loss) per diluted share" and "consolidated adjusted property EBITDA," which have directly comparable GAAP financial measures.  The company believes these measures represent important internal measures of financial performance.  Set forth in the financial schedules accompanying this press release and presentations included on the company's website are reconciliations of the non-GAAP financial measures to the most directly comparable GAAP financial measures.  The non-GAAP financial measure disclosure by the company has limitations and should not be considered a substitute for, or superior to, the financial measures prepared in accordance with GAAP.  The definitions of our non-GAAP financial measures and the specific reasons why the company's management believes the presentation of the non-GAAP financial measures provides useful information to investors regarding the company's financial condition, results of operations and cash flows are presented below.

The following non-GAAP financial measures are used by management, as well as industry analysts, to evaluate the company's operations and operating performance.  These non-GAAP financial measures are presented so investors have the same financial data management uses in evaluating financial performance with the belief it will assist the investment community in properly assessing the underlying financial performance of the company on a year-over-year and a quarter sequential basis.

Adjusted net income (loss), which is a non-GAAP financial measure, is net income (loss) attributable to Las Vegas Sands excluding pre-opening expense, development expense, gain or loss on disposal or impairment of assets, gain or loss on modification or early retirement of debt, other income or expense and certain nonrecurring corporate expenses, net of income tax.  Adjusted net income (loss) and adjusted earnings (loss) per diluted share are presented as supplemental disclosures as management believes they are (1) each widely used measures of performance by industry analysts and investors and (2) a principal basis for valuation of Integrated Resort companies, as these non-GAAP financial measures are considered by many as alternative measures on which to base expectations for future results.  These measures also form the basis of certain internal management performance expectations.

Consolidated adjusted property EBITDA, which is a non-GAAP financial measure, is net income (loss) before stock-based compensation expense, corporate expense, pre-opening expense, development expense, depreciation and amortization, amortization of leasehold interests in land, gain or loss on disposal or impairment of assets, interest, other income or expense, gain or loss on modification or early retirement of debt and income taxes.  Management utilizes consolidated adjusted property EBITDA to compare the operating profitability of its operations with those of its competitors, as well as a basis for determining certain incentive compensation.  Integrated Resort companies, including Las Vegas Sands, have historically reported adjusted property EBITDA as a supplemental performance measure to GAAP financial measures.  In order to view the operations of their properties on a more stand-alone basis, Integrated Resort companies, including Las Vegas Sands, have historically excluded certain expenses that do not relate to the management of specific properties, such as pre-opening expense, development expense and corporate expense, from their adjusted property EBITDA calculations.  Consolidated adjusted property EBITDA should not be interpreted as an alternative to income (loss) from operations (as an indicator of operating performance) or to cash flows from operations (as a measure of liquidity), in each case, as determined in accordance with GAAP.  The company has significant uses of cash flow, including capital expenditures, dividend payments, interest payments, debt principal repayments, share repurchases and income tax payments, which are not reflected in consolidated adjusted property EBITDA.  Not all companies calculate adjusted property EBITDA in the same manner.  As a result, consolidated adjusted property EBITDA as presented by Las Vegas Sands may not be directly comparable to similarly titled measures presented by other companies.

Exhibit 1

Las Vegas Sands Corp. and Subsidiaries
Condensed Consolidated Statements of Operations
(In millions, except per share data)
(Unaudited)

Three Months Ended

Nine Months Ended

September 30,

September 30,

2026

2025

2026

2025

Revenues:

  Casino

$      2,370

$      2,506

$      7,450

$      7,048

  Rooms

376

374

1,112

1,043

  Food and beverage

176

165

520

453

  Mall

202

199

604

572

  Convention, retail and other

92

87

269

252

Net revenues

3,216

3,331

9,955

9,368

Operating expenses:

  Resort operations

2,103

1,998

6,311

5,567

  Corporate

88

78

245

220

  Pre-opening

5

7

14

20

  Development

37

72

121

210

  Depreciation and amortization

340

368

1,047

1,101

  Amortization of leasehold interests in land

21

21

63

56

Loss on disposal or impairment of assets

4

68

14

83

2,598

2,612

7,815

7,257

Operating income

618

719

2,140

2,111

Other income (expense):

  Interest income

23

39

89

123

  Interest expense, net of amounts capitalized

(186)

(187)

(563)

(555)

Other income (expense)

(1)

11

(3)

(12)

Loss on modification or early retirement of debt

—

—

—

(5)

Income before income taxes

454

582

1,663

1,662

Income tax expense

(102)

(91)

(297)

(244)

Net income

352

491

1,366

1,418

Net income attributable to noncontrolling interests

(48)

(72)

(149)

(186)

Net income attributable to Las Vegas Sands Corp.

$         304

$         419

$      1,217

$      1,232

Earnings per share:

Basic

$        0.48

$        0.61

$        1.86

$        1.77

Diluted

$        0.48

$        0.61

$        1.86

$        1.77

Weighted average shares outstanding:

  Basic

639

682

654

696

  Diluted

640

685

655

698

Exhibit 2

Las Vegas Sands Corp. and Subsidiaries
Net Revenues and Adjusted Property EBITDA
(In millions)
(Unaudited)

Three Months Ended

Nine Months Ended

September 30,

September 30,

2026

2025

2026

2025

Net Revenues

The Venetian Macao

$      649

$      692

$    1,950

$    1,993

The Londoner Macao

685

686

2,149

1,857

The Parisian Macao

231

218

678

639

The Plaza Macao and Four Seasons Macao

238

206

665

608

Sands Macao

99

72

287

218

Ferry Operations and Other

38

32

115

97

  Macao Operations

1,940

1,906

5,844

5,412

Marina Bay Sands

1,294

1,436

4,161

3,987

Intercompany Royalties

74

80

244

208

Intersegment Eliminations(1)

(92)

(91)

(294)

(239)

$    3,216

$    3,331

$    9,955

$    9,368

Adjusted Property EBITDA

The Venetian Macao

$      205

$      242

$      608

$      703

The Londoner Macao

178

219

593

577

The Parisian Macao

46

53

130

163

The Plaza Macao and Four Seasons Macao

85

74

219

214

Sands Macao

14

8

34

27

Ferry Operations and Other

1

5

8

18

  Macao Operations

529

601

1,592

1,702

Marina Bay Sands

590

743

2,067

2,116

$    1,119

$    1,344

$    3,659

$    3,818

Adjusted Property EBITDA as a Percentage of Net Revenues

The Venetian Macao

31.6 %

35.0 %

31.2 %

35.3 %

The Londoner Macao

26.0 %

31.9 %

27.6 %

31.1 %

The Parisian Macao

19.9 %

24.3 %

19.2 %

25.5 %

The Plaza Macao and Four Seasons Macao

35.7 %

35.9 %

32.9 %

35.2 %

Sands Macao

14.1 %

11.1 %

11.8 %

12.4 %

Ferry Operations and Other

2.6 %

15.6 %

7.0 %

18.6 %

  Macao Operations

27.3 %

31.5 %

27.2 %

31.4 %

Marina Bay Sands

45.6 %

51.7 %

49.7 %

53.1 %

Total

34.8 %

40.3 %

36.8 %

40.8 %

(1)

Intersegment eliminations include royalties and other intercompany services.

Exhibit 3

Las Vegas Sands Corp. and Subsidiaries
Non-GAAP Financial Measure Reconciliation
(In millions)
(Unaudited)

The following is a reconciliation of Net Income to Consolidated Adjusted Property EBITDA:

Three Months Ended

Nine Months Ended

September 30,

September 30,

2026

2025

2026

2025

Net income

$         352

$         491

$      1,366

$      1,418

  Add (deduct):

Income tax expense

102

91

297

244

Loss on modification or early retirement of debt

—

—

—

5

Other (income) expense

1

(11)

3

12

Interest expense, net of amounts capitalized

186

187

563

555

Interest income

(23)

(39)

(89)

(123)

Loss on disposal or impairment of assets

4

68

14

83

Amortization of leasehold interests in land

21

21

63

56

Depreciation and amortization

340

368

1,047

1,101

Development expense

37

72

121

210

Pre-opening expense

5

7

14

20

Stock-based compensation(1)

6

11

15

17

Corporate expense

88

78

245

220

Consolidated Adjusted Property EBITDA

$      1,119

$      1,344

$      3,659

$      3,818

(1)

During the three months ended September 30, 2026 and 2025, the company recorded stock-based compensation expense of $18 million and $26 million, respectively, of which $12 million and $15 million, respectively, was included in corporate expense in the accompanying condensed consolidated statements of operations.

During the nine months ended September 30, 2026 and 2025, the company recorded stock-based compensation expense of $57 million and $52 million, respectively, of which $42 million and $35 million, respectively, was included in corporate expense in the accompanying condensed consolidated statements of operations.

Exhibit 4

Las Vegas Sands Corp. and Subsidiaries
Non-GAAP Financial Measure Reconciliation
(In millions, except per share data)
(Unaudited)

The following is a reconciliation of Net Income Attributable to LVS to Adjusted Net Income:

Three Months Ended

Nine Months Ended

September 30,

September 30,

2026

2025

2026

2025

Net income attributable to LVS

$         304

$         419

$      1,217

$      1,232

Pre-opening expense

5

7

14

20

Development expense

37

72

121

210

Loss on disposal or impairment of assets

4

68

14

83

Other (income) expense

1

(11)

3

12

Loss on modification or early retirement of debt

—

—

—

5

Income tax impact on net income adjustments(1)

(7)

(21)

(27)

(49)

Noncontrolling interest impact on net income adjustments

(1)

2

(3)

(9)

Adjusted net income attributable to LVS

$         343

$         536

$      1,339

$      1,504

The following is a reconciliation of Net Income per Diluted Share to Adjusted Earnings per Diluted Share:

Three Months Ended

Nine Months Ended

September 30,

September 30,

2026

2025

2026

2025

Per diluted share of common stock:

Net income attributable to LVS

$        0.48

$        0.61

$        1.86

$        1.77

Pre-opening expense

0.01

0.01

0.02

0.03

Development expense

0.05

0.11

0.18

0.30

Loss on disposal or impairment of assets

0.01

0.10

0.02

0.12

Other (income) expense

—

(0.02)

—

0.02

Loss on modification or early retirement of debt

—

—

—

0.01

Income tax impact on net income adjustments

(0.01)

(0.03)

(0.04)

(0.08)

Noncontrolling interest impact on net income adjustments

—

—

—

(0.02)

Adjusted earnings per diluted share

$        0.54

$        0.78

$        2.04

$        2.15

Weighted average diluted shares outstanding

640

685

655

698

(1)

The income tax impact for each adjustment is derived by applying the effective tax rate, including current and deferred income tax expense, based upon the jurisdiction and the nature of the adjustment.

Exhibit 5

Las Vegas Sands Corp. and Subsidiaries
Supplemental Data
(In millions)
(Unaudited)

The following reflects the impact on Net Revenues for hold-adjusted win percentage:

Three Months Ended

September 30,

2026

2025

Macao Operations

$                                      (19)

$                          (4)

Marina Bay Sands

6

(57)

$                                      (13)

$                        (61)

The following reflects the impact on Adjusted Property EBITDA for hold-adjusted win percentage:

Three Months Ended

September 30,

2026

2025

Macao Operations

$                                      (11)

$                          (2)

Marina Bay Sands

4

(43)

$                                        (7)

$                        (45)

Note:

These amounts represent the estimated impact of the hold adjustment that would have occurred had the company's Rolling Chip win percentage for the three months ended September 30, 2026 and 2025, equaled 3.3% for the Macao operations and 4.6% and 4.2%, respectively, for Marina Bay Sands. Included are the estimated commissions paid, discounts and other incentives rebated directly or indirectly to customers, gaming taxes and bad debt expense that would have been incurred or avoided.

Exhibit 6

Las Vegas Sands Corp. and Subsidiaries
Supplemental Data
(Unaudited)

Three Months Ended

Nine Months Ended

September 30,

September 30,

2026

2025

2026

2025

Casino Statistics:

The Venetian Macao:

Table games win per unit per day(1)

$      9,715

$      9,931

$      9,697

$      9,492

Slot machine win per unit per day(2)

$         370

$         336

$         433

$         336

Average number of table games

629

657

633

661

Average number of slot machines

1,410

1,660

1,421

1,664

The Londoner Macao:

Table games win per unit per day(1)

$     12,929

$     13,115

$     14,264

$     11,843

Slot machine win per unit per day(2)

$          696

$          579

$          680

$          531

Average number of table games

531

511

517

510

Average number of slot machines

1,396

1,563

1,411

1,562

The Parisian Macao:

Table games win per unit per day(1)

$      7,687

$      7,553

$      8,162

$      7,552

Slot machine win per unit per day(2)

$         420

$         285

$         387

$         281

Average number of table games

242

243

242

239

Average number of slot machines

1,344

1,403

1,305

1,369

The Plaza Macao and Four Seasons Macao:

Table games win per unit per day(1)

$     21,840

$     20,891

$     21,801

$     20,605

Slot machine win per unit per day(2)(3)

$            —

$           76

$            —

$            91

Average number of table games

116

105

115

105

Average number of slot machines(3)

—

53

1

52

Sands Macao:

Table games win per unit per day(1)

$      7,056

$      5,516

$      6,461

$      5,684

Slot machine win per unit per day(2)

$         268

$         234

$         270

$         242

Average number of table games

119

121

128

116

Average number of slot machines

1,362

810

1,276

790

Marina Bay Sands:

Table games win per unit per day(1)

$     17,920

$     21,380

$     20,965

$     19,754

Slot machine win per unit per day(2)

$       1,069

$       1,027

$      1,056

$       1,003

Average number of table games

557

541

563

541

Average number of slot machines

2,940

2,961

2,956

2,973

(1)

Table games win per unit per day is shown before discounts, commissions, deferring revenue associated with the company's loyalty programs and allocating casino revenues related to goods and services provided to patrons on a complimentary basis.

(2)

Slot machine win per unit per day is shown before deferring revenue associated with the company's loyalty programs and allocating casino revenues related to goods and services provided to patrons on a complimentary basis.

(3)

Slot machines were relocated to other properties during the three months ended March 31, 2026.

Exhibit 7

Las Vegas Sands Corp. and Subsidiaries
Supplemental Data
(Unaudited)

Three Months Ended

The Venetian Macao

September 30,

(Dollars in millions)

2026

2025

Change

Revenues:

Casino

$      507

$      543

$     (36)

Rooms

44

52

(8)

Food and beverage

15

16

(1)

Mall

64

64

—

Convention, retail and other

19

17

2

Net revenues

$      649

$      692

$     (43)

Adjusted Property EBITDA

$      205

$      242

$     (37)

EBITDA Margin %

31.6 %

35.0 %

 (3.4) pts

Gaming Statistics

(Dollars in millions)

Rolling Chip volume

$      917

$      635

$     282

Rolling Chip win %(1)

3.97 %

5.87 %

 (1.90)pts

Non-Rolling Chip drop

$    2,354

$    2,390

$     (36)

Non-Rolling Chip win %

22.4 %

23.6 %

 (1.2) pts

Slot handle

$    1,367

$    1,430

$     (63)

Slot hold %

3.5 %

3.6 %

 (0.1) pts

Hotel Statistics(2)

Occupancy %

98.3 %

98.0 %

 0.3 pts

Average daily room rate (ADR)

$      200

$      200

$       —

Revenue per available room (RevPAR)

$      197

$      196

$        1

(1)

This compares to our expected Rolling Chip win percentage of 3.3% (calculated before discounts, commissions, deferring revenue associated with the company's loyalty programs and allocating casino revenues related to goods and services provided to patrons on a complimentary basis).

(2)

We anticipate approximately 500 rooms, on average, to be out of service through the fourth quarter of 2027 due to room renovations.

Las Vegas Sands Corp. and Subsidiaries
Supplemental Data
(Unaudited)

Three Months Ended

The Londoner Macao

September 30,

(Dollars in millions)

2026

2025

Change

Revenues:

Casino

$      514

$      525

$     (11)

Rooms

103

102

1

Food and beverage

34

31

3

Mall

26

23

3

Convention, retail and other

8

5

3

Net revenues

$      685

$      686

$       (1)

Adjusted Property EBITDA

$      178

$      219

$     (41)

EBITDA Margin %

26.0 %

31.9 %

 (5.9) pts

Gaming Statistics

(Dollars in millions)

Rolling Chip volume

$    3,216

$    2,312

$     904

Rolling Chip win %(1)

3.43 %

3.65 %

 (0.22) pts

Non-Rolling Chip drop

$    2,803

$    2,268

$     535

Non-Rolling Chip win %

18.6 %

23.4 %

 (4.8) pts

Slot handle

$    2,256

$    2,141

$     115

Slot hold %

4.0 %

3.9 %

 0.1 pts

Hotel Statistics

Occupancy %

97.5 %

96.4 %

 1.1 pts

Average daily room rate (ADR)

$      264

$      262

$        2

Revenue per available room (RevPAR)

$      257

$      253

$        4

(1)

This compares to our expected Rolling Chip win percentage of 3.3% (calculated before discounts, commissions, deferring revenue associated with the company's loyalty programs and allocating casino revenues related to goods and services provided to patrons on a complimentary basis).

Las Vegas Sands Corp. and Subsidiaries
Supplemental Data
(Unaudited)

Three Months Ended

The Parisian Macao

September 30,

(Dollars in millions)

2026

2025

Change

Revenues:

Casino

$      178

$      163

$      15

Rooms

33

34

(1)

Food and beverage

14

14

—

Mall

5

5

—

Convention, retail and other

1

2

(1)

Net revenues

$      231

$      218

$      13

Adjusted Property EBITDA

$        46

$        53

$       (7)

EBITDA Margin %

19.9 %

24.3 %

 (4.4) pts

Gaming Statistics

(Dollars in millions)

Rolling Chip volume(1)

$         —

$         —

$       —

Rolling Chip win %(1)

— %

— %

 — pts

Non-Rolling Chip drop

$       761

$       785

$      (24)

Non-Rolling Chip win %

22.5 %

21.5 %

 1.0 pts

Slot handle

$    1,404

$    1,007

$     397

Slot hold %

3.7 %

3.6 %

 0.1 pts

Hotel Statistics

Occupancy %

98.3 %

97.0 %

 1.3 pts

Average daily room rate (ADR)

$      144

$      151

$       (7)

Revenue per available room (RevPAR)

$      142

$      147

$       (5)

(1)

Rolling Chip tables are made available based on demand.

Las Vegas Sands Corp. and Subsidiaries
Supplemental Data
(Unaudited)

Three Months Ended

The Plaza Macao and Four Seasons Macao

September 30,

(Dollars in millions)

2026

2025

Change

Revenues:

Casino

$      163

$      132

$      31

Rooms

30

28

2

Food and beverage

7

7

—

Mall

37

38

(1)

Convention, retail and other

1

1

—

Net revenues

$      238

$      206

$      32

Adjusted Property EBITDA

$        85

$        74

$      11

EBITDA Margin %

35.7 %

35.9 %

 (0.2) pts

Gaming Statistics

(Dollars in millions)

Rolling Chip volume

$    1,584

$    1,402

$     182

Rolling Chip win %(1)

3.76 %

1.84 %

 1.92 pts

Non-Rolling Chip drop

$      785

$      683

$     102

Non-Rolling Chip win %

22.2 %

25.7 %

 (3.5) pts

Slot handle(2)

$        —

$        15

$      (15)

Slot hold %(2)

— %

2.5 %

 — pts

Hotel Statistics

Occupancy %

96.1 %

92.6 %

 3.5 pts

Average daily room rate (ADR)

$      504

$      493

$      11

Revenue per available room (RevPAR)

$      485

$      456

$      29

(1)

This compares to our expected Rolling Chip win percentage of 3.3% (calculated before discounts, commissions, deferring revenue associated with the company's loyalty programs and allocating casino revenues related to goods and services provided to patrons on a complimentary basis).

(2)

Slot machines were relocated to other properties during the three months ended March 31, 2026.

Las Vegas Sands Corp. and Subsidiaries
Supplemental Data
(Unaudited)

Three Months Ended

Sands Macao

September 30,

(Dollars in millions)

2026

2025

Change

Revenues:

Casino

$        92

$        66

$      26

Rooms

4

4

—

Food and beverage

2

2

—

Mall

1

—

1

Net revenues

$        99

$        72

$      27

Adjusted Property EBITDA

$        14

$          8

$        6

EBITDA Margin %

14.1 %

11.1 %

 3.0 pts

Gaming Statistics

(Dollars in millions)

Rolling Chip volume

$        22

$        18

$        4

Rolling Chip win %(1)

11.22 %

3.08 %

 8.14 pts

Non-Rolling Chip drop

$      480

$      371

$     109

Non-Rolling Chip win %

15.5 %

16.4 %

 (0.9) pts

Slot handle

$    1,568

$      626

$     942

Slot hold %

2.1 %

2.8 %

 (0.7) pts

Hotel Statistics

Occupancy %

99.4 %

98.4 %

 1.0 pts

Average daily room rate (ADR)

$      162

$      166

$       (4)

Revenue per available room (RevPAR)

$      161

$      164

$       (3)

(1)

This compares to our expected Rolling Chip win percentage of 3.3% (calculated before discounts, commissions, deferring revenue associated with the company's loyalty programs and allocating casino revenues related to goods and services provided to patrons on a complimentary basis).

Las Vegas Sands Corp. and Subsidiaries
Supplemental Data
(Unaudited)

Three Months Ended

Marina Bay Sands

September 30,

(Dollars in millions)

2026

2025

Change

Revenues:

Casino

$      916

$    1,077

$    (161)

Rooms

162

154

8

Food and beverage

104

95

9

Mall

70

69

1

Convention, retail and other

42

41

1

Net revenues

$    1,294

$    1,436

$    (142)

Adjusted Property EBITDA

$       590

$       743

$    (153)

EBITDA Margin %

45.6 %

51.7 %

 (6.1) pts

Gaming Statistics

(Dollars in millions)

Rolling Chip volume

$    8,429

$    9,069

$    (640)

Rolling Chip win %(1)

4.53 %

4.84 %

 (0.31) pts

Non-Rolling Chip drop

$    2,874

$    2,552

$     322

Non-Rolling Chip win %

18.7 %

24.5 %

 (5.8) pts

Slot handle

$    6,539

$    6,406

$     133

Slot hold %

4.4 %

4.4 %

 — pts

Hotel Statistics

Occupancy %

95.8 %

95.5 %

 0.3 pts

Average daily room rate (ADR)

$    1,038

$      982

$      56

Revenue per available room (RevPAR)

$       994

$      937

$      57

(1)

This compares to our theoretical Rolling Chip win percentage of 4.6% and 4.2% for the three months ended September 30, 2026 and 2025, respectively (calculated before discounts, commissions, deferring revenue associated with the company's loyalty programs and allocating casino revenues related to goods and services provided to patrons on a complimentary basis).

Las Vegas Sands Corp. and Subsidiaries
Supplemental Data - Asian Retail Mall Operations
(Unaudited)

For the Three Months Ended September 30, 2026

TTM

September
30, 2026

(Dollars in millions except per square foot data)

Gross
Revenue(1)

Operating
Profit

Operating
Profit
Margin

Gross
Leasable
Area (sq. ft.)

Occupancy
% at End
of Period

Tenant Sales
Per Sq. Ft.(2)

Shoppes at Venetian

$         63

$       56

88.9 %

839,415

94.1 %

$        2,201

Shoppes at Four Seasons

Luxury Retail

28

25

89.3 %

161,025

100.0 %

5,614

Other Stores

9

8

88.9 %

100,644

80.7 %

2,116

37

33

89.2 %

261,669

92.6 %

4,608

Shoppes at Londoner

26

22

84.6 %

518,620

82.4 %

1,924

Shoppes at Parisian

5

3

60.0 %

252,775

69.5 %

421

Total Cotai Strip in Macao

131

114

87.0 %

1,872,479

87.3 %

2,349

The Shoppes at Marina Bay Sands

70

62

88.6 %

616,037

99.5 %

3,318

Total

$        201

$      176

87.6 %

2,488,516

90.3 %

$        2,632

Note:

This table excludes the results of our retail outlets at Sands Macao.

(1)

Gross revenue figures are net of intersegment revenue eliminations.

(2)

Tenant sales per square foot reflect sales from tenants only after the tenant has been open for a period of 12 months.

SOURCE Las Vegas Sands Corp.

Billionaires, global CEOs and crypto executives descended on Singapore last week as a growing number of high-profile conferences coincided with the country's Formula 1 Grand Prix.

More than 40 business events were held around this year's Grand Prix period, up from over 25 in 2025 and over 30 in 2024, according to the Singapore Tourism Board. The events included the Milken Institute Asia Summit, TOKEN2049, the Forbes Global CEO Conference, Solana Summit APAC and the Global-Asia Family Office Summit.

Formula 1 has generated more than 2.2 billion Singapore dollars ($1.72 billion) in incremental tourism receipts between its debut in 2008 and 2024, according to Singapore's Ministry of Energy, Trade and Industry, which equates to an average of S$150 million each. The race itself costs approximately S$140 million a year to organize, METI said, though noted it isn't directly comparable with the revenue generated.

Singapore GP said the 2026 race drew 301,294 spectators, the second-highest attendance in the event's history.

Business events themselves are becoming a larger source of tourism revenue. Receipts from meetings, incentives, conventions and exhibitions (MICE) rose 35% to S$2.3 billion in 2025, outpacing the 10% growth in Singapore's overall tourism receipts to a record S$32.8 billion, data from STB showed.

Singapore's Tourism Board noted that MICE visitors typically spend significantly more than leisure travelers.

Organizers are increasingly capitalizing on the excitement surrounding Formula 1 to extend delegates' stays, according to Poh Chi Chuan, executive director of exhibitions and conferences at STB.

"This creates a natural gravitational pull, when the city is buzzing and the right target audience is already flying in, savvy planners build on that momentum," Poh said.

At TOKEN2049, one of the world's major cryptocurrency conferences, overseas attendees accounted for 85.6% of participants this year, up from 82.7% in 2025, according to figures provided by the event organizer. The figures classify overseas attendees as those who are not Singaporean nationals.

Chinese attendees accounted for 11.8% of participants, nearly double the 6% share recorded last year, overtaking Americans as the largest group.

The influx of business travelers also coincided with strong demand at Singapore's luxury hotels.

Marina Bay Sands said its hotel, the iconic three-towered building often featured in photos of the Singapore skyline, operated at near-full occupancy during the Formula 1 period.

The integrated resort also hosted TOKEN2049 at its Expo & Convention Centre, underscoring how major business conferences and sporting events are increasingly overlapping.

For the hotel industry overall, the clustering of MICE events and Formula 1 helped propel rates to record levels last year.

In October 2025, average room rates rose 19.5% from a year earlier to S$384.15, according to hospitality data provider CoStar. On the opening day of that race weekend, hotel occupancy reached 95.9% and the average room rate jumped to S$757.62.

Appreciation plaque unveiled at Fuhong Society of Macau's Happy Kitchen Social Enterprise

Extending company's commitment to serving community through Impact Week

, /PRNewswire/ -- Coinciding with World Mental Health Day, Sands China and NBA Cares co-organised Health and Wellness Day today, the fourth event of the NBA Cares x Sands Cares Community Impact Week 2026 at the Fuhong Society of Macau's Happy Kitchen Social Enterprise (Happy Kitchen). Supported by Sands China, Happy Kitchen provides vocational training and meals to people in need in Macao. On the day of the event, a plaque unveiling ceremony was held to mark the official launch of the social enterprise's new service.

Coinciding with World Mental Health Day, volunteers from Sands China and NBA Cares gather together for service to the community today for Health and Wellness Day, the fourth event of the NBA Cares x Sands Cares Community Impact Week 2026 at the Fuhong Society of Macau’s Happy Kitchen Social Enterprise.

Representatives from Fuhong Society of Macau lead guests on a tour of Happy Kitchen, introducing the social enterprise’s vision, operational model, and daily operations.

Executives from Las Vegas Sands and Sands China, and Fuhong representatives officiate a plaque unveiling ceremony at Health and Wellness Day to mark the official launch of the Happy Kitchen social enterprise. The initiative underscores both parties’ shared commitment to fostering social inclusion and creating equal opportunities for individuals in need to engage with society and unleash their potential.

NBA legends Stephon Marbury and Cuttino Mobley join executives from Las Vegas Sands and Sands China, Sands Cares Ambassadors, and Fuhong members to assemble and distribute boxed lunches at Health and Wellness Day, delivering care and warm wishes to local elderly residents and community members in need. The initiative will benefit a total of 1,500 individuals.

NBA legends Stephon Marbury and Cuttino Mobley join executives from Las Vegas Sands and Sands China, Sands Cares Ambassadors, and Fuhong members to assemble and distribute boxed lunches at Health and Wellness Day, delivering care and warm wishes to local elderly residents and community members in need. The initiative will benefit a total of 1,500 individuals.

NBA legends Stephon Marbury and Cuttino Mobley join executives from Las Vegas Sands and Sands China, Sands Cares Ambassadors, and Fuhong members to assemble and distribute boxed lunches at Health and Wellness Day, delivering care and warm wishes to local elderly residents and community members in need. The initiative will benefit a total of 1,500 individuals.

NBA legends Stephon Marbury and Cuttino Mobley join executives from Las Vegas Sands and Sands China, Sands Cares Ambassadors, and Fuhong members to assemble and distribute boxed lunches at Health and Wellness Day, delivering care and warm wishes to local elderly residents and community members in need. The initiative will benefit a total of 1,500 individuals.

NBA legends Stephon Marbury and Cuttino Mobley join executives from Las Vegas Sands and Sands China, Sands Cares Ambassadors, and Fuhong members to assemble and distribute boxed lunches at Health and Wellness Day, delivering care and warm wishes to local elderly residents and community members in need. The initiative will benefit a total of 1,500 individuals.

Guests join members of the Sheng Kung Hui Macau Social Services Coordination Office and Bosco Youth Service Network, as well as Sands Cares Ambassadors, to take part in a series of wellness workshops for Health and Wellness Day, including a singing bowl experience and drawing sessions. By engaging in creative activities and meaningful interactions, they promoted mental well-being while experiencing the warmth of care and companionship.

Guests join members of the Sheng Kung Hui Macau Social Services Coordination Office and Bosco Youth Service Network, as well as Sands Cares Ambassadors, to take part in a series of wellness workshops for Health and Wellness Day, including a singing bowl experience and drawing sessions. By engaging in creative activities and meaningful interactions, they promoted mental well-being while experiencing the warmth of care and companionship. Two NBA legends—Stephon Marbury, a two-time NBA All-Star, and Cuttino Mobley— joined executives from Las Vegas Sands and Sands China, Sands Cares Ambassadors, and Fuhong members to assemble and distribute boxed lunches, delivering care and warm wishes to local elderly residents and community members in need. This initiative will benefit a total of 1,500 individuals, and underscores Sands China's commitment to serving the Macao community by leveraging the impact of an international basketball event to unite stakeholders from different sectors and give back to the community.

Following last year's Impact Week initiative, which delivered boxed lunches to local communities, Sands China has once again joined hands with the Fuhong Society of Macau during The NBA China Games this year to bring this tradition of care to Happy Kitchen, a newly established social enterprise of Fuhong. As a community canteen initiative supported by Sands China, Happy Kitchen provides vocational training and employment support for local youth with special educational needs, persons with disabilities, and individuals in mental health recovery. The initiative helps participants apply their strengths and integrate into the community, while also providing meal support to those in need. Through its support of this initiative, Sands China aims to further promote social inclusion and extend its positive impact to benefit the wider community.

During the event, representatives of Fuhong Society of Macau led guests on a tour of Happy Kitchen, introducing the social enterprise's vision, operational model, and daily operations. Subsequently, executives from Las Vegas Sands and Sands China, and Fuhong representatives officiated a plaque unveiling ceremony to mark the official launch of the social enterprise's service. This initiative underscores both parties' shared commitment to fostering social inclusion and creating equal opportunities for individuals in need to engage with society and unleash their potential.

Following the ceremony, the NBA legends, Las Vegas Sands and Sands China executives, Sands Cares Ambassadors, and Fuhong members joined forces to assemble 200 lunch boxes and deliver them to local community members. The event was filled with a joyful and warm atmosphere, as all participants demonstrated teamwork, putting their care for the Macao community into meaningful action.   

Patrick Dumont, chairman of the board and chief executive officer of Las Vegas Sands Corp., and chairman of the board and non-executive director of Sands China Ltd., said: "We sincerely thank the Central People's Government, the Macao SAR Government, and the people of Macao for their long-standing guidance and support. As an enterprise rooted in Macao, we have once again partnered with NBA Cares to extend the impact of a world-class sporting event and bring support to every corner of the local community. Serving alongside local social service organisations, we are dedicated to building more caring and impactful community services. Together with NBA legends, we have engaged with communities across Macao, extending warmth while harnessing the power of sport to bring people together and promote social inclusion. Looking ahead, Sands China remains committed to supporting local community initiatives and working together with all sectors of society to foster the diversified and inclusive development of Macao."

Grant Chum, chief executive officer and executive director of Sands China Ltd., said: "Sands China has always been committed to serving the community, and we are delighted to leverage this year's world-class NBA China Games to bring together caring efforts from across the region and join hands with the Fuhong Society of Macau to deliver boxed lunches to people in need within the city. As an inclusive platform that combines community service with vocational training, Happy Kitchen empowers people of all abilities to realise their potential and better integrate into the community.

"With the guidance of the Macao SAR Government and the continued support of all sectors of the community for Sands China's community care efforts, we are pleased to support this meaningful initiative and work together to foster a more inclusive community. Coinciding with World Mental Health Day, we are also encouraging greater awareness of physical and mental well-being through wellness workshops and interactive activities, helping foster a caring and inclusive society. Looking ahead, Sands China will continue to leverage the opportunities arising from international events in Macao, supporting the city's economic diversification while uniting partners across sectors to make a positive and lasting contribution to the community, and to jointly build a healthier and happier Macao."

Jennifer Chou, director of Fuhong Society of Macau, said: "Happy Kitchen is a social enterprise established by Fuhong Society of Macau in August this year. Through our meal service operations, we provide vocational training and work experiences for persons with disabilities, individuals in mental health recovery, and young people with special educational needs. To date, more than 30 trainees have engaged in various aspects of training, including meal preparation, food portioning, lunch box packaging, and customer service. By serving approximately 250 meals to the community each day, this initiative enables our trainees to gain practical skills and valuable experience in a real-world working environment.

"This boxed lunch and meal voucher distribution initiative, held at Happy Kitchen as part of the NBA Cares x Sands Cares Community Impact Week 2026, brought the community together through sports and wellness while extending care to those in need. The initiative also provided an opportunity for more people to recognise the capabilities, dedication and contributions of our members. By working together, corporations and social enterprises can combine resources and expertise to create more opportunities for persons with disabilities to access vocational training, gain practical work experience, and contribute to the community, building a healthier, more caring and inclusive society for all."

The event also featured a series of wellness workshops, including a singing bowl experience and drawing sessions. Guests joined members of the Sheng Kung Hui Macau Social Services Coordination Office and Bosco Youth Service Network, as well as Sands Cares Ambassadors, to take part in the workshops, engaging in creative activities and meaningful interactions that promoted mental well-being, while experiencing the warmth of care and companionship.

Guests attending Health and Wellness Day included: Kathy Behrens, president of social responsibility and player programs of NBA; NBA legends Stephon Marbury and Cuttino Mobley; Maria de Fatima Salvador dos Santos Ferreira, president of the general assembly of Fuhong Society of Macau; Lai Fai Pok, vice president of the general assembly of Fuhong Society of Macau; Wong Hou, chairman of the management committee of Fuhong Society of Macau; Patrick Dumont; Dr. Wilfred Wong, executive vice chairman of Sands China Ltd.; Grant Chum; Hubert Wang, chief operating officer of Sands China Ltd.; and Dave Sun, executive vice president and chief financial officer of Sands China Ltd. and managing director of Venetian Macau Limited.

The NBA Cares x Sands Cares Community Impact Week 2026 is taking place over five consecutive days, Oct. 7-11, featuring a diverse programme of activities focused on youth development, healthy living and community inclusion. Current NBA players and legends engage with communities across Macao, with the initiative seeking to extend the impact of the NBA sporting event into the community and enable more Macao residents to experience the positive energy and excitement generated by the world-class basketball event.

The concluding event of the Impact Week, the Community Basketball Carnival, will take place tomorrow (Oct. 11) at NBA HOUSE at Halls A and B of Cotai Expo at The Venetian® Macao. During the event, an NBA legend and NBA coaches will participate in a basketball training session with members of Macau Special Olympics, bringing the Impact Week to a close through a sports exchange initiative that promotes social inclusion. 

NBA Cares x Sands Cares Community Impact Week 2026 is part of Sands Cares, the global corporate citizenship programme of Sands China's parent company. As an important stakeholder in the Macao community, Sands China has actively fulfilled its corporate social responsibility for more than two decades. Through the programme, the company strives to connect with and serve the community, give back to society, and work alongside different sectors to build a more vibrant and inclusive Macao community.

About Sands China Ltd.

Sands China Ltd. (Sands China or the Company) is incorporated in the Cayman Islands with limited liability and is listed on The Stock Exchange of Hong Kong Limited (HKEx: 1928). Sands China is the largest operator of integrated resorts in Macao. The Company's integrated resorts on the Cotai Strip comprise The Venetian® Macao, The Plaza® Macao, The Parisian® Macao and The Londoner® Macao. The Company also owns and operates Sands® Macao on the Macao peninsula. The Company's portfolio features a diversified mix of leisure and business attractions and transportation operations, including large meeting and convention facilities; a wide range of restaurants; shopping malls; world-class entertainment at The Venetian Arena, The Londoner Arena, The Venetian Theatre, The Parisian Theatre, The Londoner Theatre and Sands Theatre; and a high-speed Cotai Water Jet ferry service between Hong Kong and Macao. The Company's Cotai Strip portfolio has the goal of contributing to Macao's transformation into a world centre of tourism and leisure. Sands China is a subsidiary of global resort developer Las Vegas Sands Corp. (NYSE: LVS).

For more information, please visit www.sandschina.com.

Sands Cares

A firm believer in the importance of corporate social responsibility, Sands China Ltd. engages with the local Macao community as a part of Sands Cares – the charitable giving programme of parent company Las Vegas Sands Corp. Sands Cares integrates the company's philanthropic work worldwide in four key areas: financial giving, community problem solving and collaboration, in-kind donations, and team member volunteerism.

Key areas of Sands Cares in Macao include the Sands Cares Ambassador programme for volunteering in the local community; charitable contributions to NGOs and community organisations; and sponsorship of community events.

For more information, please visit www.sands.com/sands-cares/ 

About NBA Social Impact & Inclusion and NBA Cares

NBA Social Impact & Inclusion drives change on issues facing fans and communities by advancing needed resources and proven partners. We create data-driven strategies and programming to empower colleagues to bring their best self. NBA Cares works with NBA players and teams to highlight important issues through the NBA's digital, social and broadcast channels, live events and partnerships.

Media contacts:

Corporate Communications, Sands China Ltd.
Mabel Wu
Tel: +853 8118 2268
Email: [email protected] 

Jesse Chiang
Tel: +853 8118 2054
Email: [email protected]

SOURCE Sands China Ltd.

NBA legend Ray Allen and Ding Yanyuhang engage with the community on opening day

Bringing together youth from and the Greater Bay Area to foster exchange and inclusion

, /PRNewswire/ -- With The NBA China Games 2026 set to take place in Macao, Sands China has once again partnered with NBA Cares to present the five-day "NBA Cares x Sands Cares Community Impact Week 2026" from Oct. 7 to 11. Bringing together NBA legends and current players to engage with the community through a series of inclusive sports activities and interactive experiences, the initiative extends the impact of the world-class basketball event into the Macao community, while promoting social inclusion, inspiring positive youth development, and demonstrating care for the local community through meaningful action.

The “NBA Cares × Sands Cares Community Impact Week 2026” took place over five days, from October 7 to 11. The inaugural event, “Youth Day,” kicked off on October 7 at the Macao East Asian Games Dome, attracting 300 participants.

NBA legend Ray Allen led a professional training session and interacted with the participants.

Chinese national women's basketball team member Zhang Ziyu led a professional training session and interacted with the participants.

Chinese basketball star Ding Yanyuhang led a professional training session and interacted with the participants.

A group of young people participated in a professional fitness assessment and basketball clinic led by NBA coaches, receiving professional instruction such as footwork, ball handling, and offensive and defensive techniques.

A group of young people participated in a professional fitness assessment and basketball clinic led by NBA coaches, receiving professional instruction such as footwork, ball handling, and offensive and defensive techniques.

A group of young people participated in a professional fitness assessment and basketball clinic led by NBA coaches, receiving professional instruction such as footwork, ball handling, and offensive and defensive techniques.

Throughout the event, young people from the Guangdong, Hong Kong and Macao competed side by side, honing their skills and forging friendships amidst the cheers and applause—fully demonstrating the power of sports to transcend geographical boundaries and unite the youth.

Throughout the event, young people from the Guangdong, Hong Kong and Macao competed side by side, honing their skills and forging friendships amidst the cheers and applause—fully demonstrating the power of sports to transcend geographical boundaries and unite the youth.

A “Her Time to Play” panel discussion was held concurrently on the day of the event, featuring distinguished guests—Dawn Smyth, NBA’s associate vice president and head of international basketball relations, Gina Miller, Dallas Mavericks’ chief communications officer, Gretchen Sheirr, Houston Rockets’ president, and DeVonne Iao, Sands China’s senior vice president and chief marketing officer of resort marketing. They shared stories of personal growth and career journeys, aiming to encourage young people to build self-confidence and boldly pursue their goals. Youth Day, which marked the first event of the Impact Week, took place today (Oct. 7) at the Macao East Asian Games Dome. This year, the initiative expanded its reach to the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), bringing together 150 young basketball players aged 11 to 14 from eight Macao schools, namely Yuet Wah College, Instituto Salesiano, Lou Hau High School, Keang Peng School, Pui Ching Middle School, Sacred Heart Canossian College (English Section), Pui Va Middle School, and Escola da Sagrada Familia, as well as 50 young players from Hong Kong and mainland GBA cities.

The participating GBA youth took part in professional training sessions led by NBA legend Ray Allen –– a two-time NBA champion, 10-time NBA All-Star, two-time All-NBA Team, member of the NBA 75th Anniversary Team, and 2018 Basketball Hall of Fame Inductee –– together with NBA coaches, renowned Chinese basketball player Ding Yanyuhang, and China women's basketball national team player Zhang Ziyu.

The event aimed to give young people from across the GBA the opportunity to engage closely with world-class basketball talent and enhance their basketball skills, while fostering interaction and exchange among youth from Guangdong, Hong Kong and Macao. Through building friendships and sharing experiences, Youth Day encouraged participants to develop self-confidence and teamwork, while further strengthening connections among young people across the GBA. Together with Sands China executives and Sands Cares Ambassadors, the event attracted a total of 300 participants.

Friendly matches brought together young players from Guangdong, Hong Kong and Macao, who first underwent professional fitness assessments and took part in a basketball clinic led by NBA coaches, receiving training in footwork, ball-handling, and offensive and defensive techniques. They were then selected to form mixed teams comprising players from across the three regions to compete in separate boys' and girls' matches. NBA legend Ray Allen and NBA coaches served as mentors throughout, offering hands-on guidance and sharing valuable on-court experience. The young athletes honed their basketball skills and forged friendships in a spirited and enthusiastic environment, demonstrating the power of sport to transcend geographical boundaries and bring young people together.

Dr. Wilfred Wong, executive vice chairman of Sands China Ltd., said: "Our heartfelt thanks go to the Macao SAR government and all sectors of the community for their tremendous support, which has enabled us to leverage The NBA China Games, a world-class sporting event, for a second consecutive year to bring positivity and care into the community. We not only present this top-notch basketball competition to residents and visitors, but also draw on this platform to connect with the local community and create valuable opportunities for people from various sectors of society to engage and learn from NBA legends, fully embodying the commitment of Sands Cares and NBA Cares to giving back to the community. This year, we expanded participation in Youth Day to the Greater Bay Area, giving more young people the opportunity to receive firsthand guidance and inspiration from world-class players, while strengthening connections among youth across the region. We also organised the Her Time To Play seminar, inviting accomplished women to share their personal growth stories with young people, encouraging the youth to build confidence and pursue their dreams. Looking ahead, Sands China will continue to fully support the Macao SAR government's direction of promoting economic diversification, while deepening the synergy of sports and tourism, further enhancing Macao's status as a City of Sports, and injecting sustained vitality into its position as a World Centre of Tourism and Leisure."

The event also featured an individual skills challenge for young players, testing their speed, basketball skills and concentration through a series of challenges, including cone dribbling, precision passing and sprint layups. Following the spirited competition, an awards ceremony was held to recognise the outstanding young players for their exceptional performances.

A Her Time To Play seminar was also held, with NBA's associate vice president and head of international basketball relations Dawn Smyth; Dallas Mavericks' chief communications officer Gina Miller; Houston Rockets' president Gretchen Sheirr; and Sands China's senior vice president and chief marketing officer of resort marketing DeVonne Iao joining as guest speakers to share their experiences of personal and career development. From striving for excellence in sport to navigating career choices, they shared insights with the young participants and encouraged them to build confidence and pursue their goals with courage.

The "NBA Cares x Sands Cares Community Impact Week 2026" is taking place over five consecutive days, Oct. 7-11, featuring a diverse programme of activities focused on youth development, healthy living and community inclusion. Current NBA players and legends will engage with communities across Macao, with the initiative seeking to extend the impact of the NBA sporting event into the community and enable more Macao residents to experience the positive energy and excitement generated by the world-class basketball event.

Tomorrow (Oct. 8), a Tip-off event for the Impact Week will take place at The Venetian Arena. Players from the Dallas Mavericks and the Houston Rockets will make a special appearance, leading Macao secondary school students in a basketball clinic and bringing the excitement and positive spirit of The NBA China Games further into the Macao community.

"NBA Cares x Sands Cares Community Impact Week 2026" is part of Sands Cares, the global corporate citizenship programme of Sands China's parent company. As an important stakeholder in the Macao community, Sands China has actively fulfilled its corporate social responsibility for more than two decades. Through the programme, the company strives to connect with and serve the community, give back to society, and work alongside different sectors to build a more vibrant and inclusive Macao community.

For high resolution photos, please visit: https://it-ezshare.sands.com.mo/exweb/share/357cfd2d-54c6-4fc7-8197-4a3c63c7968d

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About Sands China Ltd.

Sands China Ltd. (Sands China or the Company) is incorporated in the Cayman Islands with limited liability and is listed on The Stock Exchange of Hong Kong Limited (HKEx: 1928). Sands China is the largest operator of integrated resorts in Macao. The Company's integrated resorts on the Cotai Strip comprise The Venetian® Macao, The Plaza® Macao, The Parisian® Macao and The Londoner® Macao. The Company also owns and operates Sands® Macao on the Macao peninsula. The Company's portfolio features a diversified mix of leisure and business attractions and transportation operations, including large meeting and convention facilities; a wide range of restaurants; shopping malls; world-class entertainment at The Venetian Arena, The Londoner Arena, The Venetian Theatre, The Parisian Theatre, The Londoner Theatre and Sands Theatre; and a high-speed Cotai Water Jet ferry service between Hong Kong and Macao. The Company's Cotai Strip portfolio has the goal of contributing to Macao's transformation into a world centre of tourism and leisure. Sands China is a subsidiary of global resort developer Las Vegas Sands Corp. (NYSE: LVS).

For more information, please visit www.sandschina.com.

Sands Cares

A firm believer in the importance of corporate social responsibility, Sands China Ltd. engages with the local Macao community as a part of Sands Cares – the charitable giving programme of parent company Las Vegas Sands Corp. Sands Cares integrates the company's philanthropic work worldwide in four key areas: financial giving, community problem solving and collaboration, in-kind donations, and team member volunteerism.

Key areas of Sands Cares in Macao include the Sands Cares Ambassador programme for volunteering in the local community; charitable contributions to NGOs and community organisations; and sponsorship of community events.

For more information, please visit www.sands.com/sands-cares/ 

About NBA Social Impact & Inclusion and NBA Cares

NBA Social Impact & Inclusion drives change on issues facing fans and communities by advancing needed resources and proven partners. We create data-driven strategies and programming to empower colleagues to bring their best self. NBA Cares works with NBA players and teams to highlight important issues through the NBA's digital, social and broadcast channels, live events and partnerships.

Media contacts:
Corporate Communications, Sands China Ltd.
Mabel Wu
Tel: +853 8118 2268
Email: [email protected]

Jesse Chiang
Tel: +853 8118 2054
Email: [email protected]

SOURCE Sands China

Blending heritage with innovation
Advancing revitalization through joint community effort
In full support of SAR government's revitalization strategy

, /PRNewswire/ -- Sands China has long supported the Macao SAR government's district revitalization strategy, continuously leveraging its corporate resources and working alongside various sectors across the community to promote the sustainable development and cultural vitality of the historic neighbourhood. In 2024, the company launched the inaugural Entrepreneurship Recruitment Programme for Rua das Estalagens, successfully introducing seven new businesses on Rua das Estalagens. Over the past two years, the programme has achieved remarkable results, bringing fresh commercial momentum, elevating the area's vibrancy, and rekindling community interest, with some participating enterprises emerging as viral hotspots.

Officiating guests and representatives from 24 enterprises selected to participate in ‘Sands China’s Community Revitalization Programme for Rua das Estalagens 2026’ gather at the programme’s award ceremony at The Londoner Macao Wednesday.

Chan Chou Weng (front row, left), representing the Secretary for Economy and Finance and acting director of the Economic and Technological Development Bureau of the Macao SAR Government, and Dr. Wilfred Wong (front row, right), executive vice chairman of Sands China Ltd., present awards to representatives of the enterprises selected to participate in the “Entrepreneurship Recruitment Programme 2.0 for Rua das Estalagens.”

Lam In Nie (front row, first on left), vice president of the board of directors and chief of the Ladies’ Committee of the Macao Chamber of Commerce; Jennifer Si Tou (front row, second from left), deputy director of the Macao Government Tourism Office; Hubert Wang (front row, second from right), chief operating officer of Sands China Ltd.; and Dave Sun (front row, first on right), executive vice president and chief financial officer of Sands China Ltd. and managing director of Venetian Macau Limited, present awards to representatives of the enterprises selected to participate in the Shop Rebranding Programme.

A professional, cross-sectoral review committee composed of representatives from government departments, the banking sector, the business sector and community organizations go through three rounds of rigorous evaluation in order to select the participants for ‘Sands China’s Community Revitalization Programme for Rua das Estalagens 2026.’

Sands China has held a total of 15 free public events, working with relevant departments of the Macao government, experts and scholars to provide the public with practical training and professional guidance on entrepreneurship and operation. To build on this success and further take the leading role as a large enterprise supporting local SMEs, the company launched Sands China's Community Revitalization Programme for Rua das Estalagens 2026 in April this year — comprising the Entrepreneurship Recruitment Programme 2.0 for Rua das Estalagens and the newly-introduced Shop Rebranding Programme. The two programmes have attracted enthusiastic response from aspiring entrepreneurs and local merchants alike. An award presentation ceremony at The Londoner® Macao Wednesday announced and recognised a total of 24 enterprises selected to participate in the revitalization programme.

With a history of over 470 years, Rua das Estalagens was once among Macao's most vibrant commercial neighbourhoods, embodying the city's rich cultural heritage and the perseverance of generations of residents and merchants. To preserve this unique legacy, Sands China's Community Revitalization Programme for Rua das Estalagens 2026 was launched under the theme of "integrating the old with the new, bridging the past into future."  Building on the success of the first edition in 2024, the Entrepreneurship Recruitment Programme 2.0 for Rua das Estalagens continues to provide entrepreneurship subsidies to encourage a new batch of SMEs to set up their businesses on Rua das Estalagens. In addition, the novel Shop Rebranding Programme supports existing businesses in upgrading their brand image and operational capabilities through initiatives such as brand repositioning, shopfront refurbishment, new product and service development, and system enhancements.

Through this year's revitalization programme, Sands China provides financial support to selected enterprises, while helping both newly established SMEs and existing merchants lower the barriers to business start-up and transformation, enabling them to seize market opportunities. By preserving the cultural heritage and distinctive community spirit of Rua das Estalagens, the programme aims to create a vibrant environment where heritage and innovation can thrive together, continuously injecting economic vitality and fresh momentum into the district.

This year's programme garnered a highly positive response, drawing a total of 69 applications. Together with the first edition, the programme has received a total of nearly 200 applications to date. Applications for the latest edition were evaluated through a rigorous three-round assessment process conducted by a cross-sector judging panel comprising representatives from government departments, the banking sector, the business sector and community organisations. Following the evaluation process, 24 projects were selected this year, comprising 11 entrepreneurship proposals and 13 rebranding plans, spanning a diverse range of businesses such as dine-in and takeaway, retail, cultural and creative, fashion, travel photography, and pet grooming. Together with the outcomes of the first edition, Sands China's Rua das Estalagens revitalization initiative will have benefited a total of 30 businesses, contributing to the renewal and upgrading of the district's business landscape.

To support the recruitment efforts for both editions of the programme, Sands China has organised 15 free public events to date, bringing together representatives from relevant government departments, industry experts, and academics to provide practical entrepreneurship and operational training alongside professional guidance. New participants were given the opportunity to visit selected shops on Rua das Estalagens, enabling them to gain first-hand insights into the district's unique character, business environment and the condition of available shop premises to help them better prepare for the development of their business proposals. The event series has drawn widespread interest, attracting 1,300 participants in total.

Chan Chou Weng, representing the Secretary for Economy and Finance and acting director of the Economic and Technological Development Bureau of the Macao SAR Government, said: "On behalf of the Secretary for Economy and Finance, I would like to express our sincere appreciation for Sands China's longstanding commitment to supporting the Macao SAR government's direction of promoting economic diversification, as well as its unwavering commitment to investing resources and working closely with the community to foster shared growth and prosperity. Since Sands China first launched the 'Entrepreneurship Recruitment Programme for Rua das Estalagens' in 2024, the initiative has reaped remarkable results, fostering a group of creative, forward-thinking young entrepreneurs to carry out promising businesses. This year, Sands China has further upgraded the initiative with the launch of the 'Entrepreneurship Recruitment Programme 2.0 for Rua das Estalagens' and the 'Shop Rebranding Programme.' On the one hand, it integrates the old with the new, revitalizing the community and creating business opportunities; on the other, they build on the past for the future, supporting merchants in their transformation and continued development. Together, these efforts exemplify the powerful synergy of the 'large enterprises leading SMEs' approach, providing concrete support for SMEs to enhance their capabilities, and injecting sustainable momentum into the local economy. I extend my warmest congratulations to all the winning enterprises. I look forward to seeing your creative ideas and business proposals translated into tangible business outcomes, bringing renewed vitality to this culturally rich street, encouraging residents and visitors alike to explore the distinctive charm of Rua das Estalagens, and contributing to the revitalization of the community economy."

Dr. Wilfred Wong, executive vice chairman of Sands China Ltd., said: "We would like to express our sincere gratitude to the Macao SAR government for their long-term guidance and support for the revitalization works, as well as to the various sectors of society, businesses, and entrepreneurs for their active participation. District revitalization is a long-term endeavour that requires sustained vision and commitment. Since the launch of the 'Entrepreneurship Recruitment Programme for Rua das Estalagens' in 2024, we are delighted to see the programme empowering creative and passionate young entrepreneurs and local SMEs to turn their aspirations into reality, while breathing new life into the district. The key to revitalizing historic districts lies in fostering a harmonious blend of cultural heritage and modern vitality. With this vision in mind, we launched the 'Sands China's Community Revitalization Programme for Rua das Estalagens 2026' this year to further leverage our role in supporting local SMEs. Through the programme, we aim to encourage entrepreneurs to bring innovative concepts to historic districts, while supporting long-established local businesses in upgrading their operations and transforming their business models. We are pleased by the enthusiastic response the programme has received, attracting a diverse range of businesses. This not only reflects the public's recognition of Sands China's revitalization efforts on Rua das Estalagens, but also demonstrates the entrepreneurial spirit of a new generation eager to establish businesses in the district, alongside the determination of existing businesses to evolve and embrace new opportunities.

"To translate this enthusiasm into tangible outcomes for district development, Sands China will continue to leverage its corporate strengths, working hand in hand with stakeholders across the community to shape an even brighter future for Rua das Estalagens and contribute to Macao's diversified economic development."

Lam In Nie, vice president of the board of directors and chief of the Ladies' Committee of the Macao Chamber of Commerce, said: "Since the Macao SAR government launched its revitalization initiative in 2023, Sands China has taken the leading role as a large enterprise to support local SMEs. In 2024, the company launched the inaugural 'Entrepreneurship Recruitment Programme for Rua das Estalagens,' ushering in a sustainable path for the area. This year, the initiative has been further elevated, bringing new entrepreneurs into the neighbourhood while supporting existing merchants in transforming their businesses. Together, these efforts foster the coordinated development of traditional and emerging business models. I would like to thank the Macao SAR government and the wider community for their invaluable support. My sincere appreciation also goes to Sands China for its enduring commitment to sustainable community development, leveraging the district's cultural heritage and commercial innovation to strengthen the community economy, support the transformation of established merchants, and foster the long-term integration of traditional and emerging businesses in the district."

Applications for the Entrepreneurship Recruitment Programme 2.0 for Rua das Estalagens were assessed through a comprehensive evaluation of factors, including innovativeness, market potential and business model, as well as the capabilities and experience of the operating team. Selected applicants must commit to a self-invested initial operating capital of no less than MOP 300,000 and each receive subsidies equivalent to one to two times the amount of the self-invested capital, with a capped amount of MOP 1 million.

Meanwhile, applications for the Shop Rebranding Programme were evaluated on the basis of the proposed rebranding ideas, their contribution to the district's renewal efforts, and the soundness of the financial planning. Selected merchants need to commit to a minimum self-invested capital of MOP 50,000. Selected applicants can receive subsidies equivalent to one to three times the amount of the self-invested capital, capped at MOP 500,000 per applicant.

To further take initiative to support local SMEs, Sands China has introduced a phased funding mechanism, under which selected enterprises will receive 60 percent of their total funding as start-up capital ahead of the launch of new ventures and the implementation of shop rebranding plans. This arrangement demonstrates Sands China's confidence in the potential of the selected projects, while helping to ease the financial pressure of the initial stages of business development — enabling the selected enterprises to focus on preparation and execution, laying a solid foundation for their long-term growth.

At Wednesday's awards ceremony, selected enterprises of Sands China's Community Revitalization Programme for Rua das Estalagens 2026 were presented with trophies, recognising their innovative vision, entrepreneurial spirit and contribution to the revitalization of Rua das Estalagens.

The winning enterprises under the Entrepreneurship Recruitment Programme 2.0 for Rua das Estalagens are as follows:

Selected Project

Business Concept

Ho's Coffee

A trendy café combining immersive magical experiences,

specialty coffee and holistic wellness

COINERY

Macao's first workshop offering a hands-on experience in

crafting rings from coins

Gengfu Chenpi Queen

Wellness Centre

A wellness tea shop specialising in chenpi-infused beverages,

chenpi products and gift sets

BO LO BO LO MEOW

A lifestyle store offering seasonal specialty beverages,

handmade pineapple cakes, butter cookies and cultural and

creative accessories

VAYNE

A California-style fast-casual takeaway eatery

Fong's Faction

An innovative tailor shop combining 55 years of traditional

craftsmanship with AI technology and 3D body scanning

VALUN

A contemporary Chinese tea culture space newly created by a

renowned heritage brand, combining tea retail, creative tea-

infused desserts, traditional and innovative tea beverages, and

immersive tea ceremony experiences

Woop Woop Cafe

A brunch café specialising in açaí and healthy light bites

Haul

A takeaway shop specialising in premium hand-brewed teas and

specialty light bites

MONO STUDIO

A one-stop travel photography studio offering styling and

costume changes, on-location shoots and same-day photo delivery,

allowing visitors to capture their memories of Macao's

Historic Centre

KII KII

A Japanese-inspired lifestyle store combining curated vintage

fashion, original-label apparel, light bites and coffee,

collaborations with local IPs, and retro instant photography

experiences

The winning enterprises under the Shop Rebranding Programme are as follows:

Selected Project

Shop Profile

Ngan Kong Hap Kei

Cong Si

A traditional fabric shop established in the early 1950s, with over

70 years of history

Carimbos Gravações

Wan Chai

A local stamp and stationery shop whose brand was established

around 1960 and has a history spanning over six decades, with

its Rua das Estalagens store opening in 1974

Artigos de Viagem Iat

Seng

A local menswear retailer specialising in business attire, with

over 30 years of history

Ieng Seng Boutique

A local luggage and backpack retailer established in 2003, with

over 23 years of history

PANPAN

One of the selected projects of the 2024 "Entrepreneurship

Recruitment Programme for Rua das Estalagens," specialising

in sourdough baked goods

Macau Spirit

A brand established in 2016, with its Rua das Estalagens store

opening in 2025, specialising in tanghulu ice cream desserts

PS-Together Pet Salon

A pet grooming and retail shop established in 2020

UK CASTLE

A British-style takeaway eatery established in 2024

FUWA FUWA CAKES

A local dessert and cake shop established in 2023

Café Fantart

One of the selected projects of the 2024 "Entrepreneurship

Recruitment Programme for Rua das Estalagens," offering an

innovative take on the traditional cha chaan teng with premium

house-made pastries, a variety of baked goods and savoury

main dishes

Ravina Limitada

A rock tea beverage shop established in 2023

COME TRUE

A three-storey retail concept established in 2025, bringing

together artisanal ice cream, tea beverages, desserts and

locally designed apparel and lifestyle products

Glow Gelato

A gelato shop and one of the selected projects of the 2024

"Entrepreneurship Recruitment Programme for Rua das

Estalagens"

Beyond supporting the district's economic revitalization, Sands China is dedicated to preserving and promoting the cultural heritage of Rua das Estalagens. In 2025, the company produced the bilingual publication "In Search of Its Roots – An Illustrated History of Rua das Estalagens" in collaboration with the Macau Artist Society and local arts and cultural practitioners. Featuring oral histories, archival images and historical narratives, the publication documents the street's evolution and rich cultural legacy. It was honoured with the PATA Gold Awards 2025 in the Best Printed Marketing Campaign (Industry) category. To recognise the Macau Artist Society's contribution to preserving the area's cultural heritage, Sands China presented their publication team with certificates of appreciation at Wednesday's awards ceremony.

Sands China's Community Revitalization Programme for Rua das Estalagens 2026 is organised by Sands China Ltd. and co-organised by the Macao Chamber of Commerce. The Secretariat for Economy and Finance of the Macao SAR Government is the advisory body, with the following serving as supporting units: Economic and Technological Development Bureau, Macao Government Tourism Office, Commerce and Investment Promotion Institute, Cultural Affairs Bureau, Municipal Affairs Bureau, General Union of Neighbourhood Associations of Macao, Macau Artist Society, CEM, The Macao Water Supply Company Limited, Bank of China Macau Branch, Industrial and Commercial Bank of China (Macau), and Banco Nacional Ultramarino (BNU). The Programme operates under Sands China's F.I.T. local SME support programme and the Sands Resorts Incubation Center.

The officiating guests at Wednesday's awards ceremony were: Chan Chou Weng, representing the Secretary for Economy and Finance and acting director of the Economic and Technological Development Bureau of the Macao SAR Government; Jennifer Si Tou, deputy director of the Macao Government Tourism Office; Zhao Su, assistant to the Economic Affairs Department of the Liaison Office of the Central People's Government in the Macao SAR; Sou Kin Meng, head of the department of Cultural Heritage of the Cultural Affairs Bureau; Pong Sio Wan, head of the Department of Cultural and Recreational Affairs and Civic Education of the Municipal Affairs Bureau; Lam In Nie, vice president of board of directors and chief of the Ladies' Committee of Macao Chamber of Commerce; Ng Siu Lai, chairwoman of the General Union of Neighbourhood Associations of Macau; Lau Pak Hung, executive director of the Macau Association of Banks; Lok Hei, president of the Macau Artists Society; Nacky Kuan, executive director of the Macao Water Supply Company Limited; Cecilia Nip, director of the CEM Regulatory Affairs and Corporate Communications Office; Carlos Cid Álvares, chief executive officer of BNU Macau; Nicolas U, general manager of the Corporate Banking Department of ICBC Macau; Ngan Iek Hang, assistant general manager of BOC MACAU; Dr. Wilfred Wong; Hubert Wang, chief operating officer of Sands China Ltd.; Dave Sun, executive vice president and chief financial officer of Sands China Ltd. and managing director of Venetian Macau Limited; and DeVonne Iao, senior vice president and chief marketing officer of resort marketing of Sands China Ltd. 

About Sands China Ltd.

Sands China Ltd. (Sands China or the Company) is incorporated in the Cayman Islands with limited liability and is listed on The Stock Exchange of Hong Kong Limited (HKEx: 1928). Sands China is the largest operator of integrated resorts in Macao. The Company's integrated resorts on the Cotai Strip comprise The Venetian® Macao, The Plaza® Macao, The Parisian® Macao and The Londoner® Macao. The Company also owns and operates Sands® Macao on the Macao peninsula. The Company's portfolio features a diversified mix of leisure and business attractions and transportation operations, including large meeting and convention facilities; a wide range of restaurants; shopping malls; world-class entertainment at The Venetian Arena, The Londoner Arena, The Venetian Theatre, The Parisian Theatre, The Londoner Theatre and Sands Theatre; and a high-speed Cotai Water Jet ferry service between Hong Kong and Macao. The Company's Cotai Strip portfolio has the goal of contributing to Macao's transformation into a world centre of tourism and leisure. Sands China is a subsidiary of global resort developer Las Vegas Sands Corp. (NYSE: LVS).

For more information, please visit www.sandschina.com.

Media contacts:

Corporate Communications, Sands China Ltd.
Mabel Wu
Tel: +853 8118 2268
Email: [email protected]

Jesse Chiang
Tel: +853 8118 2054
Email: [email protected]

SOURCE Sands China Ltd.

The company's social inclusion and cultural publishing initiatives garner international accolades

, /PRNewswire/ -- Sands China Ltd. has been recognised at the PATA Gold Awards 2026 with two honours: winning the Gold Award in the category of Printed Marketing Campaign (Industry) for the artbook publication "Sands China Presents — Dopamine: Fountain of Happiness" and the Gold Award in the category of Sustainable and Inclusive Marketing Campaign for its signature initiative the Sands Shopping Carnival. This marks the second consecutive year Sands China has received the PATA accolade for its publication work, following its last year's Gold Award in the Printed Marketing Campaign (Industry) category for the bilingual publication "In Search of Its Roots – An Illustrated History of Rua das Estalagens."

Sands China Ltd. achieved outstanding results at the 2026 PATA Gold Awards, winning two Gold Awards: in the category of Printed Marketing Campaign (Industry) for the artbook publication “Sands China Presents — Dopamine: Fountain of Happiness” and in the category of Sustainable and Inclusive Marketing Campaign for the signature initiative the Sands Shopping Carnival.

Sands China Ltd. achieved outstanding results at the 2026 PATA Gold Awards, winning two Gold Awards: in the category of Printed Marketing Campaign (Industry) for the artbook publication “Sands China Presents — Dopamine: Fountain of Happiness” and in the category of Sustainable and Inclusive Marketing Campaign for the signature initiative the Sands Shopping Carnival.

The Sands Shopping Carnival won the Gold Award in the category of Sustainable and Inclusive Marketing Campaign at the 2026 PATA Gold Awards, which recognized the carnival for leveraging its platform advantage as the largest sale event in Macao to create an annual signature event in Macao that has combined economic benefits and social value over the years.

The Sands Shopping Carnival won the Gold Award in the category of Sustainable and Inclusive Marketing Campaign at the 2026 PATA Gold Awards, which recognized the carnival for leveraging its platform advantage as the largest sale event in Macao to create an annual signature event in Macao that has combined economic benefits and social value over the years.

The Sands Shopping Carnival won the Gold Award in the category of Sustainable and Inclusive Marketing Campaign at the 2026 PATA Gold Awards, which recognized the carnival for leveraging its platform advantage as the largest sale event in Macao to create an annual signature event in Macao that has combined economic benefits and social value over the years.

The Sands Shopping Carnival won the Gold Award in the category of Sustainable and Inclusive Marketing Campaign at the 2026 PATA Gold Awards, which recognized the carnival for leveraging its platform advantage as the largest sale event in Macao to create an annual signature event in Macao that has combined economic benefits and social value over the years.

The artbook publication “Sands China Presents — Dopamine: Fountain of Happiness” received the Gold Award in the category of Printed Marketing Campaign (Industry) at the 2026 PATA Gold Awards. This award-winning book was compiled by the Sands China team in collaboration with the Macau curatorial agency ARTICROSS and the design team UNTITLED MACAO, serving as an important documentary record of the Art Macao: Macao International Art Biennale 2025 special exhibition, “Dopamine: Fountain of Happiness,” and collateral exhibition, “Beyond the Frame: International Contemporary Masterpieces,” which were on display between July and October 2025.

The artbook publication “Sands China Presents — Dopamine: Fountain of Happiness” received the Gold Award in the category of Printed Marketing Campaign (Industry) at the 2026 PATA Gold Awards. This award-winning book was compiled by the Sands China team in collaboration with the Macau curatorial agency ARTICROSS and the design team UNTITLED MACAO, serving as an important documentary record of the Art Macao: Macao International Art Biennale 2025 special exhibition, “Dopamine: Fountain of Happiness,” and collateral exhibition, “Beyond the Frame: International Contemporary Masterpieces,” which were on display between July and October 2025.

The artbook publication “Sands China Presents — Dopamine: Fountain of Happiness” received the Gold Award in the category of Printed Marketing Campaign (Industry) at the 2026 PATA Gold Awards. This award-winning book was compiled by the Sands China team in collaboration with the Macau curatorial agency ARTICROSS and the design team UNTITLED MACAO, serving as an important documentary record of the Art Macao: Macao International Art Biennale 2025 special exhibition, “Dopamine: Fountain of Happiness,” and collateral exhibition, “Beyond the Frame: International Contemporary Masterpieces,” which were on display between July and October 2025. This year's two PATA awards affirm Sands China's outstanding achievements in art and culture and its commitment to corporate social responsibility. By continuously developing a diverse portfolio of high-quality non-gaming offerings, the company has enriched the experiences of Macao residents and visitors, while proactively fostering the development of the city's art and cultural talent, local SMEs and social inclusion. Together, these efforts support the Macao SAR government's policy of economic diversification and reinforce Macao's position as a World Centre of Tourism and Leisure.

Dr. Wilfred Wong, executive vice chairman of Sands China Ltd., said: "Sands China has once again received recognition at the PATA Gold Awards, garnering two prestigious Gold Awards this year. These achievements not only affirm the company's longstanding efforts in advancing non-gaming development, but also serve as a tremendous recognition and motivation for our team members, whose dedication and passion continue to drive the synergies of 'Tourism+' initiatives and create long-term value for Macao. Over the years, we have been unwavering in our commitment to delivering impactful non-gaming programmes, which have helped forge meaningful connections with the Macao community and contributed to the city's diversified development. Whether through art and cultural programmes that showcase Macao's diverse appeal to the world, or community care initiatives that support local community and SMEs, we remain dedicated to responding to the city's development needs, and driving shared growth with the community. Looking ahead, Sands China will continue to work closely with the Macao SAR government and all sectors of society to jointly expand the possibilities of the 'Tourism+' strategy in advancing the city's long-term development, thereby contributing to Macao's economic diversification and its development as a World Centre of Tourism and Leisure."

Leveraging Premier Event to Foster Community Inclusion

The company's Sands Shopping Carnival received the Gold Award in the Sustainable and Inclusive Marketing Campaign category at the PATA Gold Awards — in recognition of the carnival's success in leveraging its position as Macao's largest free sales platform to create an annual premier event that delivers both economic benefits and social values.

Launched amid the pandemic in 2020, the Sands Shopping Carnival was founded on Sands China's commitment to standing shoulder to shoulder with the Macao community through challenging times. Each year, the carnival offers the city's largest complimentary exhibition and sales platform to Macao's SMEs, social service organisations and Sands retailers, providing a wealth of entertainment and family-friendly experiences that enhance the diversity and appeal of the platform. To date, the carnival has provided more than 4,000 complimentary booths for local businesses and attracted 800,000 visits. It has become a well-established summer shopping and leisure event for both residents and visitors from the Greater Bay Area, continuing to inject impetus to Macao's economy.

Throughout the past seven years, Sands China has incorporated its commitment to supporting local SMEs and the community-focused spirit of Sands Cares into the carnival, transforming it from a consumption event into a platform that brings the community together and promotes social inclusion. Each year, the carnival provides local social service organisations with opportunities for product sales, performances and recreational activities, fostering broader participation and engagement across the community. The carnival has also helped the public gain a deeper understanding of the work of various social service organisations, thereby strengthening mutual understanding, connections, and a spirit of reciprocal care within the community.

The scale of participating social service organisations in the carnival has grown sixfold, from five in its inaugural edition to 30 cumulatively. These organisations provide a wide range of services, including rehabilitation, youth development, animal welfare, and support to vulnerable groups. To date, the carnival has benefitted nearly 1,500 service users, demonstrating its positive impact in fostering community cohesion. In addition, over 400 Sands Cares Ambassadors have shown their steadfast support for the event by contributing a total of over 1,120 hours of volunteer service over the past seven years. Beyond supporting the planning and operation of the carnival, they have also accompanied underprivileged groups from the local community to enjoy the event, helping them integrate into society through care and support.

As part of the Sands Cares global corporate citizenship programme, the Sands Cares Ambassador Programme was established in 2009 and has since continuously mobilized team members to give back to the community. To date, the programme has contributed a total of over 362,000 hours of volunteer service. Through their collective efforts, Sands Cares Ambassadors have fostered social inclusion, underscoring Sands China's longstanding dedication to the Macao community.

Award-Winning Publication as Lasting Record of Macao's Art and Cultural Strength

Another project, the artbook titled "Sands China Presents — Dopamine: Fountain of Happiness" won the Gold Award in the Printed Marketing Campaign (Industry) category at the PATA Gold Awards.

Complied by the Sands China team in collaboration with the city's curatorial team ARTICROSS and design team UNTITLED MACAO, the award-winning publication serves as an important documentary record of the Art Macao: Macao International Art Biennale 2025 special exhibition, "Dopamine: Fountain of Happiness," and collateral exhibition, "Beyond the Frame: International Contemporary Masterpieces," which took place between July and October 2025.

The special exhibition "Dopamine: Fountain of Happiness" brought together nine internationally renowned contemporary artists from Asia, Europe and the United States: Craig & Karl, Bibi Lei, GRAFFLEX, Lok Hei, Ilya Milstein, Jun Oson, Jonni Cheatwood, and Song Zhou. In collaboration with the iconic Sesame Street, the participating artists created 14 original, exquisite commissioned artworks for Macao, exhibited at The Venetian® Macao. The exhibition sought to evoke the happiness and positivity embodied by Sesame Street through the vibrant colour palette and uplifting power of dopamine aesthetics.

In addition, the collateral exhibition "Beyond the Frame: International Contemporary Masterpieces," held concurrently at Sands Gallery, further explored the boundless intersections between art and the perceptions of the world. Featuring more than 60 works by six artists from the special exhibition across a diverse range of mediums, spanning painting, sculpture, installation, and mixed media, the collateral exhibition invited audiences to reimagine the connections between art, the self, and the world around them.

Together, the two exhibitions traced an artistic journey from emotional resonance to intellectual exploration, presenting a premier art event in Macao imbued with both international perspectives and humanistic spirit. They also showcased Macao's outstanding curatorial capabilities and creative vitality on the global stage. Over the course of three months, the exhibitions attracted more than 4.1 million visits, underscoring their widespread appeal to audiences.

The "Sands China Presents — Dopamine: Fountain of Happiness" artbook provides a comprehensive record of the curatorial concepts behind the two exhibitions, alongside the creative vision, original sketches, and artistic narratives of the nine participating artists from home and abroad.

Designed with rich and vibrant colours, the award-winning artbook encapsulates the essence of the two exhibitions through a compelling interplay of text and imagery. It offers an exquisite interpretation of the vitality and optimism enlivened by dopamine aesthetics, while exploring the deeper significance of contemporary art as a reflection of its time and a bridge that connects cultures, perspectives and communities around the world.

Following last year's PATA Gold Award in the same category for Sands China's bilingual publication "In Search of Its Roots – An Illustrated History of Rua das Estalagens," this year marks the company's second consecutive recognition of its publishing achievements, with the artbook earning another Gold Award. This achievement reaffirms Sands China's commitment to producing thoughtfully curated, high-quality publications that document the valuable milestones of Macao's cultural and artistic development.

To extend the impact of both exhibitions, the "Sands China Presents — Dopamine: Fountain of Happiness" artbook has been added to the permanent collection of the Macao Public Libraries, while a digital version is also available to readers around the world. Through both formats, audiences can experience the richness and diversity of Macao's cultural landscape. The digital version of the artbook can be downloaded via the following link: https://l.ead.me/bgyN4z.

These two PATA Gold Awards are a testament to Sands China's longstanding efforts and achievements in enriching non-gaming offerings and advancing the development of the city's integrated tourism and leisure industry. Looking ahead, Sands China will continue to draw on its resources and strengths to introduce more "Tourism+" initiatives. Together with the Macao SAR government and various sectors of society, the company will further strengthen the position of Macao as a World Centre of Tourism and Leisure, driving further progress in its economic diversification.

As one of the most authoritative and internationally recognised awards in the Asia-Pacific tourism industry, the PATA Gold Awards was established in 1984, with the aim of promoting the high-quality and sustainable development of the tourism sector. Since its inception, it has honoured tourism organisations and initiatives that have demonstrated excellence in strategic practices, innovation, sustainability, and other areas.

About Sands China Ltd.

Sands China Ltd. (Sands China or the Company) is incorporated in the Cayman Islands with limited liability and is listed on The Stock Exchange of Hong Kong Limited (HKEx: 1928). Sands China is the largest operator of integrated resorts in Macao. The Company's integrated resorts on the Cotai Strip comprise The Venetian® Macao, The Plaza® Macao, The Parisian® Macao and The Londoner® Macao. The Company also owns and operates Sands® Macao on the Macao peninsula. The Company's portfolio features a diversified mix of leisure and business attractions and transportation operations, including large meeting and convention facilities; a wide range of restaurants; shopping malls; world-class entertainment at The Venetian Arena, The Londoner Arena, The Venetian Theatre, The Parisian Theatre, The Londoner Theatre and Sands Theatre; and a high-speed Cotai Water Jet ferry service between Hong Kong and Macao. The Company's Cotai Strip portfolio has the goal of contributing to Macao's transformation into a world centre of tourism and leisure. Sands China is a subsidiary of global resort developer Las Vegas Sands Corp. (NYSE: LVS).

For more information, please visit www.sandschina.com.

Media contacts:

Corporate Communications, Sands China Ltd.
Mabel Wu
Tel: +853 8118 2268
Email: [email protected]

Jesse Chiang
Tel: +853 8118 2054
Email: [email protected]

SOURCE Sands China Ltd.

First in global hospitality industry and Macao-Hong Kong region to receive accreditation
Reinforces company's leading position in sustainable development

, /PRNewswire/ -- Sands China has recently been awarded ISO 14001:2026 Environmental Management System (EMS) certification by the British Standards Institution (BSI) Group, one of the world's most authoritative certification bodies. This achievement makes Sands China the world's first integrated tourism and leisure enterprise to be certified to this ISO standard for EMS, as well as the first company in the global hospitality industry and the Macao and Hong Kong region to receive the certification. The certification covers all resort properties across Sands China's portfolio, marking the full integration of the latest international environmental management system standards into the company's corporate management and operations — reinforcing Sands China's investment and leading position in sustainable development.

Executive Vice President, General Counsel and Company Secretary of Sands China Ltd. Dylan Williams (centre) and Vice President of Sustainability and Environmental, Social and Governance Pranav Jampani (third from left), and other team members display the company’s ISO 14001:2026 certification. Released by the International Organization for Standardization (ISO) in April this year, ISO 14001:2026 is the latest version of the EMS standard. Designed to address the challenges associated with global environmental management and climate change, the updated standard further strengthens the requirements for an organisation's environmental management system, with greater emphasis on climate change, natural resource management, biodiversity, and leadership and governance. By adopting a more systematic and forward-looking approach, the standard enables organisations to continuously improve their environmental performance and response capabilities.

Sands China has long been committed to fulfilling its corporate social responsibility by implementing effective, sustainable operational initiatives, including integrating the ISO 14001 EMS into the operations and decision-making processes of its integrated resorts. Through the system, the company identifies and assesses the environmental impacts of its operations, establishes forward-thinking performance targets and enhancement initiatives, and advances key sustainability efforts, including carbon and waste reduction, addressing climate change, biodiversity conservation, and promoting environmental awareness among the public.

Sands China's new ISO 14001:2026 EMS certification follows the company's previous ISO 14001:2015 certification. By achieving the requirements of the latest international standard significantly ahead of the 2029 transition deadline set by the accreditation body, the company has further demonstrated its commitment to continuously enhancing its environmental management practices and advancing sustainable development.

Grant Chum, chief executive officer and executive director of Sands China Ltd., said: "Sustainability is a cornerstone of the company's long-term development. We are honoured to be the world's first integrated tourism and leisure enterprise, as well as the first company in the global hospitality industry and the Macao and Hong Kong region, to attain ISO 14001:2026 EMS certification. This achievement demonstrates that our environmental management efforts and performance meet the latest international standards, and reaffirms our long-standing commitment to embedding sustainability into our corporate governance and daily operations. It also validates our continuous efforts to strengthen our environmental framework and our long-standing pursuit of excellence in environmental management.

"This recognition is a testament to the collective efforts of our 28,000 team members, who are united by a common commitment to sustainability and integrate it into every facet of their daily work. Looking ahead, Sands China will continue to drive the city's integrated tourism and leisure industry towards a greener and higher-quality future through efficient and forward-looking operational strategies. Together with the Macao SAR government and all sectors of society, we will continue to contribute to Macao's development as a World Centre of Tourism and Leisure, while advancing the city's vision of a more sustainable future for all."

Sands China has remained committed to fulfilling its corporate social responsibility strategy across three core pillars: People, Community, and Planet. These strategies are closely aligned with the latest ISO 14001:2026 requirements, providing a strong foundation for the company's early attainment of the certification. In particular, the company has delivered outstanding results in sustainable operations, including a 61% reduction in its Scope 1 and Scope 2 emissions compared with its 2018 base year, exceeding both the 17.5% Science Based Targets initiative (SBTi)-validated and 1.5°C-aligned 30% reduction targets, in alignment with the Paris Agreement. In addition, the company met its target and reduced potable water consumption by 9% in 2025, while achieving a 21% operational waste diversion rate, further promoting resource reuse and recycling and improving resource efficiency, thereby minimising its impact on the environment.

Further recognising its outstanding sustainability performance, Sands China has been named in the S&P Global Sustainability Yearbook again this year, marking its fourth consecutive year of recognition, earning Top 1% rankings in both the Global and China editions — while securing the 'Industry Mover' distinction in the China edition for the second consecutive year. In addition, the company has been named in the latest Dow Jones Best-in-Class (DJBIC) Indices, including the Dow Jones Best-in-Class World Index for the fifth consecutive year and the Dow Jones Best-in-Class Asia Pacific Index for the sixth consecutive year, making it the world's only integrated resort operator to be concurrently listed in both indices. These recognitions underscore the company's long-standing commitment and achievements across its three core ESG pillars of "People, Community, and Planet."

About Sands China Ltd.

Sands China Ltd. (Sands China or the Company) is incorporated in the Cayman Islands with limited liability and is listed on The Stock Exchange of Hong Kong Limited (HKEx: 1928). Sands China is the largest operator of integrated resorts in Macao. The Company's integrated resorts on the Cotai Strip comprise The Venetian® Macao, The Plaza® Macao, The Parisian® Macao and The Londoner® Macao. The Company also owns and operates Sands® Macao on the Macao peninsula. The Company's portfolio features a diversified mix of leisure and business attractions and transportation operations, including large meeting and convention facilities; a wide range of restaurants; shopping malls; world-class entertainment at The Venetian Arena, The Londoner Arena, The Venetian Theatre, The Parisian Theatre, The Londoner Theatre and Sands Theatre; and a high-speed Cotai Water Jet ferry service between Hong Kong and Macao. The Company's Cotai Strip portfolio has the goal of contributing to Macao's transformation into a world centre of tourism and leisure. Sands China is a subsidiary of global resort developer Las Vegas Sands Corp. (NYSE: LVS).

For more information, please visit www.sandschina.com.

Media contacts:

Corporate Communications, Sands China Ltd.
Mabel Wu
Tel: +853 8118 2268
Email: [email protected]

Jesse Chiang
Tel: +853 8118 2054
Email: [email protected]

SOURCE Sands China Ltd.

Empowering community inclusion for seventh consecutive year
Offering diverse growth opportunities for community 

, /PRNewswire/ -- Since its inception in 2020, Sands China has developed the Sands Shopping Carnival into a premier annual event that supports local SMEs and fosters social inclusion, reflecting the company's commitment to supporting local SMEs and the Sands Cares spirit of promoting inclusion in the community. The seventh edition of the carnival concluded earlier at Cotai Expo, with 20 social service organisations and more than 100 Sands Cares Ambassador volunteers taking part in the four-day event — which aimed to provide stakeholders across different sectors in Macao with further opportunities to participate, expand their businesses, and engage with the community. Despite challenging weather, this year's carnival attracted a strong visitation and unwavering public support, bringing together the community's collective spirit of care and creating a warm, diverse platform that broadened participants' horizons and fostered mutual support.  

Members of community organizations and Sands China volunteers take part in the seventh Sands Shopping Carnival, which came to a successful close July 26 at Cotai Expo. With the participation of 20 social service organisations and over 100 Sands Cares Ambassadors, the four-day exhibition and sales event provides stakeholders across different sectors in Macao with further opportunities to participate, expand their businesses, and engage with the community.

By Sands China’s special invitation, Chan Ka Keong, a visually impaired pianist from the Caritas Macau Sunshine Center, performs July 25 at the Sands Shopping Carnival’s “ICBC ePay Presents: Greater Bay Area Karaoke King Singing Competition.” His melodious playing resonated with the audience, drawing enthusiastic applause.

To help more local families share in the joyful atmosphere of the carnival, Sands China invited nearly 90 family members from Macau IN Volunteer Group and Macao True Goodwill Friend Association to enjoy family time, make wonderful memories, and experience the care and support of the community on July 23.

To help more local families share in the joyful atmosphere of the carnival, Sands China invited nearly 90 family members from Macau IN Volunteer Group and Macao True Goodwill Friend Association to enjoy family time, make wonderful memories, and experience the care and support of the community on July 23.

Members of community organizations and Sands China volunteers take part in the seventh Sands Shopping Carnival, which came to a successful close July 26 at Cotai Expo. With the participation of 20 social service organisations and over 100 Sands Cares Ambassadors, the four-day exhibition and sales event provides stakeholders across different sectors in Macao with further opportunities to participate, expand their businesses, and engage with the community.

Guests of honour, volunteers, and representatives from participating social service organisations gather together July 23, the opening day of the 2026 Sands Shopping Carnival. As Macao's largest consumption event, the Sands Shopping Carnival has long been a highly anticipated event for local residents and visitors from the Greater Bay Area. This year's edition attracted nearly 160,000 visits, marking a record high in the event's history. The cumulative visitation over the past seven years reached 800,000. Beyond creating exhibition and sales opportunities for SMEs, the event has provided a platform for local social service organisations to take part since its debut, underscoring Sands China's commitment to the community's shared growth. To date, the event has welcomed the participation of 30 social service organisations and benefited nearly 1,500 service users, giving local community groups valuable opportunities to showcase their talents and share joyful moments. To date, more than 400 Sands Cares Ambassadors have contributed a total of over 1,120 hours of volunteer service to the event, affirming Sands China's long-standing dedication to the Macao community.

At the carnival's "ICBC ePay Presents: Greater Bay Area Karaoke King Singing Competition," Sands China invited Chan Ka Keong, a visually impaired pianist from the Caritas Macau Sunshine Center, to perform on site. His melodious playing resonated with the audience and drew enthusiastic applause, showcasing his remarkable talent while reflecting the carnival's mission to foster inclusion through participation and exchange.

Dr. Wilfred Wong, executive vice chairman of Sands China Ltd., said: "Since its launch, the Sands Shopping Carnival has been dedicated to bringing together Sands retailers, Macao's SMEs, and social service organisations, supporting local businesses to expand their opportunities while fostering growth for those in need within the community. It has given them a platform to showcase talent, promote inclusion and encourage mutual support. Over the past seven years, we have worked hand in hand with local social service organisations, with participation growing year by year, from five organisations in the inaugural edition to 20 this year. We have also provided valuable hands-on learning opportunities to more than 1,000 service users, helping them better integrate into society, build confidence, and grow together. Over 400 Sands Cares Ambassadors and Sands ECO360 Ambassadors have contributed to the planning and operation of the carnival, supporting community development through their actions. Despite the adverse weather during this year's event, Sands Cares Ambassadors, carnival partners, exhibitors, and social service organisation members remained committed and worked alongside us to overcome challenges. Together, we have established the carnival as a signature annual event in Macao, exemplifying the spirit of unity and collective support within the Macao community.

"Over the past seven years, the carnival has attracted 800,000 visits, benefiting both economic and social development. Beyond attracting widespread public engagement, it has fostered a spirit of reciprocal care and support across the community. We would like to express our sincere gratitude to the Macao SAR government, the Macao Chamber of Commerce, our community partners and the city's residents and visitors for their support. Sands China will continue to uphold our Sands Cares spirit and leverage the carnival to contribute to Macao's prosperity and inclusiveness."

Creating a showcase and sales platform for community integration 

Held July 23-26 at The Venetian® Macao, this year's carnival showcased more than 580 exhibition booths, bringing together international and local brands across eight themed exhibition zones: Household Products, Gourmet and Wine, Food Court, Cultural and Creative, Sands Retailers, Macao Specialties and Souvenirs, Play and Fun, and the Sports Experience Zone. The carnival featured a record 20 social service organisations this year, demonstrating Sands China's continued efforts to deepen community engagement. These organisations provide a wide range of services, including rehabilitation, youth development, animal welfare, and support for vulnerable groups. The Centro de Serviços Integrados Diurnos Chon I da União Geral das Associações dos Moradores de Macau was among this year's participants, joining the carnival for the first time.

The carnival provided trainees from social service organisations, especially individuals with special educational needs (SEN), with an opportunity to showcase and sell their handmade creative products, crafts, and food items — which enabled them to gain hands-on work experience, build confidence, strengthen their vocational skills, and better integrate into society. Throughout the event, participants shared the inspiration behind their products with the public and received recognition and encouragement through their interactions with customers. These exchanges also helped the public gain a deeper understanding of the work and achievements of various social service organisations, thereby cultivating understanding and inclusion within the community.

Chan Chi Neng, manager of the Noah Youth Growth and Development Centre, said: "The Sands Shopping Carnival has provided a valuable platform for young rehabilitated individuals in Macao to demonstrate their value to the community. It has given them an opportunity to grow from service users into contributors to society, while building confidence through their efforts to give back to the community. This year, we showcased a new clothing collection created by our trainees and inspired by Macao's cultural heritage at the carnival, giving local residents and visitors an opportunity to discover their abilities and potential. We are deeply grateful to Sands China for providing this meaningful platform, which has helped raise public awareness of and support for young rehabilitated individuals while fostering a more inclusive and supportive society."

Chan Hoi Ieong, director of the Centro de Serviços Integrados Diurnos Chon I da União Geral das Associações dos Moradores de Macau, said: "The Sands Shopping Carnival serves as a valuable stage for us to connect with the public and help more people recognise the potential and dedication of our service users. Its scale and impact provide us with an excellent opportunity to reach a wider audience, and showcase the products created by our service users, along with their professional skills. We are grateful to Sands China for providing them with this opportunity for showcasing their talents. Through our collaboration, we are able to convey the message that 'ability knows no limits and prejudice can be overcome,' while building a more inclusive community."

Sharing joy with the community and fostering participation

To extend the lively spirit of the carnival to more local families, Sands China invited nearly 90 family members of the Macau IN Volunteer Group and the Macao True Goodwill Friend Association for a series of parent-child activities on July 23, the first day of the carnival. Accompanied by nearly 50 Sands Cares Ambassadors, they enjoyed a variety of interactive experiences, including children's electric balance bikes, pickleball, Little Master Chef Workshop and carnival games. Filled with laughter and joy, these activities gave families an opportunity to enjoy quality time together, create lasting memories and experience the warmth and support of the community.

An inclusive stage for community talents

Sands China once again partnered with Macau Special Olympics (MSO) for the "MSO Little Reporter Program" this year, offering members with SEN an opportunity to take on the role of journalists. Participants attended the carnival's opening ceremony and conducted interviews with exhibitors, gaining first-hand experience in news reporting. Highlights of their interviews will be shared on MSO's social media platforms, helping participants strengthen their communication and presentation skills, enabling the public to better recognise the abilities and potential of individuals with SEN, and encouraging a more inclusive community.

The 2026 Sands Shopping Carnival was organised by Sands China Ltd. and co-organised by the Macao Chamber of Commerce (MCC), with the full support of the Economic and Technological Development Bureau (DSEDT), the Macao Government Tourism Office (MGTO), and the Commerce and Investment Promotion Institute (IPIM). It was sponsored by BOC Macau, ICBC (Macau), Bank of Communications Co., Ltd. Macau Branch, and Banco Nacional Ultramarino (BNU).

In support of the Macao SAR Government's "Tourism+" strategy, the carnival has provided local SMEs, Sands retailers and community partners with Macao's largest free exhibition and sales platform for seven consecutive years. It has established itself as Macao's premier annual tourism and consumption event, contributing to the city's economic diversification. The carnival continues to create positive social impact by bringing the community together and providing opportunities for growth and participation for those in need, helping Macao build a more caring, inclusive and vibrant community.

For high resolution photos, please visit:
https://we.tl/t-tVWyAxy0rgBCE2Rx 

About Sands China Ltd.

Sands China Ltd. (Sands China or the Company) is incorporated in the Cayman Islands with limited liability and is listed on The Stock Exchange of Hong Kong Limited (HKEx: 1928). Sands China is the largest operator of integrated resorts in Macao. The Company's integrated resorts on the Cotai Strip comprise The Venetian® Macao, The Plaza® Macao, The Parisian® Macao and The Londoner® Macao. The Company also owns and operates Sands® Macao on the Macao peninsula. The Company's portfolio features a diversified mix of leisure and business attractions and transportation operations, including large meeting and convention facilities; a wide range of restaurants; shopping malls; world-class entertainment at The Venetian Arena, The Londoner Arena, The Venetian Theatre, The Parisian Theatre, The Londoner Theatre and Sands Theatre; and a high-speed Cotai Water Jet ferry service between Hong Kong and Macao. The Company's Cotai Strip portfolio has the goal of contributing to Macao's transformation into a world centre of tourism and leisure. Sands China is a subsidiary of global resort developer Las Vegas Sands Corp. (NYSE: LVS).

For more information, please visit www.sandschina.com.

Sands Cares

A firm believer in the importance of corporate social responsibility, Sands China Ltd. engages with the local Macao community as a part of Sands Cares – the charitable giving programme of parent company Las Vegas Sands Corp. Sands Cares integrates the company's philanthropic work worldwide in four key areas: financial giving, community problem solving and collaboration, in-kind donations, and team member volunteerism.

Key areas of Sands Cares in Macao include the Sands Cares Ambassador programme for volunteering in the local community; charitable contributions to NGOs and community organisations; and sponsorship of community events.

For more information, please visit www.sands.com/sands-cares/ 

Media contacts:
Corporate Communications, Sands China Ltd.
Mabel Wu
Tel: +853 8118 2268
Email: [email protected]

Jesse Chiang
Tel: +853 8118 2054
Email: [email protected]

SOURCE Sands China Ltd.

For the quarter ended June 30, 2026

Net Revenue $3.15 billion Net Income $373 million Diluted Earnings per Share $0.53 per Share  Consolidated Adjusted Property EBITDA $1.12 billion LVS Repurchased $787 million of Common Stock during the quarter LVS Board of Directors Increased Stock Repurchase Authorization to $6.0 billion , /PRNewswire/ -- Las Vegas Sands (NYSE: LVS), the leading global developer and operator of Integrated Resorts, today reported financial results for the quarter ended June 30, 2026.

"We continued to execute our strategic objectives during the quarter in both Singapore and Macao while continuing to increase the return of capital to shareholders," said Patrick Dumont, chairman and chief executive officer.

"In Macao, our ongoing investments in enhanced service and hospitality offerings contributed to growth in volumes across all gaming segments as compared to the prior year, although unusually low hold in rolling play negatively impacted our reported financial results for the quarter.

"At Marina Bay Sands in Singapore, we continued to deliver industry-leading financial performance. 

"Looking ahead, we remain confident that our people, our products and our focus on delivering outstanding service, hospitality and entertainment experiences to our customers will drive growth for the company and deliver strong returns to our shareholders in the years ahead."

Net revenue was $3.15 billion, compared to $3.18 billion in the prior year quarter.  Operating income was $618 million, compared to $783 million in the prior year quarter.  Net income in the second quarter of 2026 was $373 million, compared to $519 million in the second quarter of 2025. 

Consolidated adjusted property EBITDA was $1.12 billion, compared to $1.33 billion in the prior year quarter.

Sands China Ltd. Consolidated Financial Results
On a GAAP basis, total net revenues for SCL decreased 0.8% to $1.78 billion, compared to the second quarter of 2025.  Net income for SCL decreased 50.0% to $107 million, compared to $214 million in the second quarter of 2025.

Other Factors Affecting Earnings
Interest expense, net of amounts capitalized, was $189 million for the second quarter of 2026, compared to $194 million in the prior year quarter.  Our weighted average debt balance was $16.06 billion during the second quarter of 2026, compared to $15.85 billion during the second quarter of 2025.  Our weighted average borrowing cost was 4.6% during the second quarter of 2026, compared to 4.8% during the second quarter of 2025.

Our effective income tax rate for the second quarter of 2026 was 19.1%, compared to 14.8% in the prior year quarter.  The income tax rate for the second quarter of 2026 was primarily driven by a 17% statutory rate on our Singapore operations.

Stockholder Returns
During the second quarter of 2026, we repurchased $787 million of our common stock (approximately 15 million shares at a weighted average price of $52.37).  The remaining amount authorized under our share repurchase program was $29 million as of June 30, 2026.  Subsequently, on July 21, 2026, the company's Board of Directors authorized increasing the remaining share repurchase amount to $6.0 billion and extending the expiration date of the authorization to July 21, 2029.  Since the resumption of our share repurchase program in the fourth quarter of 2023 through June 30, 2026, we have repurchased 16.3% of our outstanding shares, approximately 124 million shares of our common stock at an average price of $48.49, for a total investment of $6.03 billion.  The timing and actual number of shares to be repurchased in the future will depend on a variety of factors, including the company's financial position, earnings, legal requirements, other investment opportunities and market conditions.

We paid a quarterly dividend of $0.30 per common share during the quarter.  Our next quarterly dividend of $0.30 per common share will be paid on August 12, 2026, to Las Vegas Sands stockholders of record on August 4, 2026.

Balance Sheet Items
Unrestricted cash balances as of June 30, 2026 were $3.38 billion.

In May 2026, the company received $1.26 billion of proceeds from the repayment in full of the seller financing loan related to the sale of the Las Vegas real property and operations.

The company has access to $4.26 billion available for borrowing under our U.S., SCL and Singapore revolving credit facilities, net of outstanding letters of credit, and $4.68 billion available under a delayed draw term loan facility that may be used to finance development and construction costs, expenses, fees and other payments related to the MBS Expansion Project.  As of June 30, 2026, total debt outstanding, net of deferred offering costs and original issue discounts, excluding finance leases, was $15.11 billion.

Capital Expenditures
Capital expenditures during the second quarter totaled $332 million, including construction, development and maintenance activities of $215 million at Marina Bay Sands, $86 million in Macao and $31 million in corporate and other.

Conference Call Information
The company will host a conference call to discuss the company's results on Wednesday, July 22, 2026, at 1:30 p.m. Pacific Time.  Interested parties may listen to the conference call through a webcast available on the company's website at www.sands.com.

About Sands (NYSE: LVS) 
Sands is the leading global developer and operator of integrated resorts.  The company's iconic properties drive valuable leisure and business tourism and deliver significant economic benefits, sustained job creation, financial opportunities for local businesses and community investment to help make its host regions ideal places to live, work and visit.

Sands' portfolio of properties includes Marina Bay Sands® in Singapore and The Venetian® Macao, The Londoner Macao®, The Parisian® Macao, The Plaza® Macao and Four Seasons® Hotel Macao, and Sands® Macao in Macao SAR, China, through majority ownership in Sands China Ltd. 

Dedicated to being a leader in corporate responsibility, Sands is anchored by the core tenets of serving people, communities and the planet.  The company's ESG leadership has led to inclusion on the Dow Jones Best-in-Class Indices for World and North America, as well as Fortune's list of the World's Most Admired Companies.  To learn more, visit www.sands.com.

Forward-Looking Statements
This press release contains forward-looking statements made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995.  These forward-looking statements include the discussions of our business strategies and expectations concerning future operations, margins, profitability, liquidity and capital resources.  In addition, in certain portions included in this press release, the words "anticipates," "believes," "can," "continues," "estimates," "expects," "goals," "intends," "looks forward to," "may," "opportunities," "plans," "positions," "remains," "seeks," "should," "targets," "will," "would" and similar expressions, as they relate to our company or management, are intended to identify forward-looking statements.  Although we believe these forward-looking statements are reasonable, we cannot assure you any forward-looking statements will prove to be correct.  These statements represent our expectations, beliefs, intentions or strategies concerning future events that, by their nature, involve a number of risks, uncertainties or other factors beyond our control, which may cause our actual results, performance, achievements or other expectations to be materially different from any future results, performance, achievements or other expectations expressed or implied by these forward-looking statements.  These factors include, but are not limited to, the risks associated with: our gaming license in Singapore and concession in Macao and amendments to Macao's gaming laws; general economic conditions; disruptions or reductions in travel and our operations due to natural or man-made disasters, pandemics, epidemics or outbreaks of infectious or contagious diseases; our ability to invest in future growth opportunities, or attempt to expand our business in new markets and new ventures, execute our capital expenditure programs at our existing properties and produce future returns; government regulation; the extent to which the laws and regulations of mainland China become applicable to our operations in Macao and Hong Kong; the possibility that economic, political and legal developments in Macao adversely affect our Macao operations, or that there is a change in the manner in which regulatory oversight is conducted in Macao; our subsidiaries' ability to make distribution payments to us; substantial leverage and debt service; fluctuations in currency exchange rates and interest rates; our ability to collect gaming receivables; win rates for our gaming operations; risk of fraud and cheating; competition; tax law changes; political instability, civil unrest, terrorist acts or war; legalization of gaming; insurance; limitations on the transfers of cash to and from our subsidiaries; limitations of the pataca exchange markets; restrictions on the export of the renminbi; and other risks and uncertainties detailed in Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q filed by Las Vegas Sands Corp. with the Securities and Exchange Commission.  Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date such statement is made.  Las Vegas Sands Corp. assumes no obligation to update any forward-looking statements and information.

Las Vegas Sands Corp.
Second Quarter 2026 Results
Non-GAAP Financial Measures

Within the company's second quarter 2026 press release, the company makes reference to certain non-GAAP financial measures that supplement the company's consolidated financial information prepared in accordance with GAAP including "adjusted net income (loss)," "adjusted earnings (loss) per diluted share" and "consolidated adjusted property EBITDA," which have directly comparable GAAP financial measures.  The company believes these measures represent important internal measures of financial performance.  Set forth in the financial schedules accompanying this press release and presentations included on the company's website are reconciliations of the non-GAAP financial measures to the most directly comparable GAAP financial measures.  The non-GAAP financial measure disclosure by the company has limitations and should not be considered a substitute for, or superior to, the financial measures prepared in accordance with GAAP.  The definitions of our non-GAAP financial measures and the specific reasons why the company's management believes the presentation of the non-GAAP financial measures provides useful information to investors regarding the company's financial condition, results of operations and cash flows are presented below.

The following non-GAAP financial measures are used by management, as well as industry analysts, to evaluate the company's operations and operating performance.  These non-GAAP financial measures are presented so investors have the same financial data management uses in evaluating financial performance with the belief it will assist the investment community in properly assessing the underlying financial performance of the company on a year-over-year and a quarter sequential basis.

Adjusted net income (loss), which is a non-GAAP financial measure, is net income (loss) attributable to Las Vegas Sands excluding pre-opening expense, development expense, gain or loss on disposal or impairment of assets, gain or loss on modification or early retirement of debt, other income or expense and certain nonrecurring corporate expenses, net of income tax.  Adjusted net income (loss) and adjusted earnings (loss) per diluted share are presented as supplemental disclosures as management believes they are (1) each widely used measures of performance by industry analysts and investors and (2) a principal basis for valuation of Integrated Resort companies, as these non-GAAP financial measures are considered by many as alternative measures on which to base expectations for future results.  These measures also form the basis of certain internal management performance expectations.

Consolidated adjusted property EBITDA, which is a non-GAAP financial measure, is net income (loss) before stock-based compensation expense, corporate expense, pre-opening expense, development expense, depreciation and amortization, amortization of leasehold interests in land, gain or loss on disposal or impairment of assets, interest, other income or expense, gain or loss on modification or early retirement of debt and income taxes.  Management utilizes consolidated adjusted property EBITDA to compare the operating profitability of its operations with those of its competitors, as well as a basis for determining certain incentive compensation.  Integrated Resort companies, including Las Vegas Sands, have historically reported adjusted property EBITDA as a supplemental performance measure to GAAP financial measures.  In order to view the operations of their properties on a more stand-alone basis, Integrated Resort companies, including Las Vegas Sands, have historically excluded certain expenses that do not relate to the management of specific properties, such as pre-opening expense, development expense and corporate expense, from their adjusted property EBITDA calculations.  Consolidated adjusted property EBITDA should not be interpreted as an alternative to income (loss) from operations (as an indicator of operating performance) or to cash flows from operations (as a measure of liquidity), in each case, as determined in accordance with GAAP.  The company has significant uses of cash flow, including capital expenditures, dividend payments, interest payments, debt principal repayments, share repurchases and income tax payments, which are not reflected in consolidated adjusted property EBITDA.  Not all companies calculate adjusted property EBITDA in the same manner.  As a result, consolidated adjusted property EBITDA as presented by Las Vegas Sands may not be directly comparable to similarly titled measures presented by other companies.

Exhibit 1

Las Vegas Sands Corp. and Subsidiaries

Condensed Consolidated Statements of Operations

(In millions, except per share data)

(Unaudited)

Three Months Ended

Six Months Ended

June 30,

June 30,

2026

2025

2026

2025

Revenues:

  Casino

$        2,341

$        2,415

$        5,080

$        4,542

  Rooms

359

345

736

669

  Food and beverage

168

147

344

288

  Mall

198

187

402

373

  Convention, retail and other

88

81

177

165

Net revenues

3,154

3,175

6,739

6,037

Operating expenses:

  Resort operations

2,041

1,846

4,208

3,569

  Corporate

74

69

157

142

  Pre-opening

5

9

9

13

  Development

43

69

84

138

  Depreciation and amortization

350

371

707

733

  Amortization of leasehold interests in land

21

20

42

35

Loss on disposal or impairment of assets

2

8

10

15

2,536

2,392

5,217

4,645

Operating income

618

783

1,522

1,392

Other income (expense):

  Interest income

31

42

66

84

  Interest expense, net of amounts capitalized

(189)

(194)

(377)

(368)

Other income (expense)

1

(22)

(2)

(23)

Loss on modification or early retirement of debt

—

—

—

(5)

Income before income taxes

461

609

1,209

1,080

Income tax expense

(88)

(90)

(195)

(153)

Net income

373

519

1,014

927

Net income attributable to noncontrolling interests

(27)

(58)

(101)

(114)

Net income attributable to Las Vegas Sands Corp.

$           346

$           461

$           913

$           813

Earnings per share:

Basic

$          0.53

$          0.66

$          1.38

$          1.15

Diluted

$          0.53

$          0.66

$          1.38

$          1.15

Weighted average shares outstanding:

  Basic

654

695

661

704

  Diluted

656

696

663

704

Exhibit 2

Las Vegas Sands Corp. and Subsidiaries

Net Revenues and Adjusted Property EBITDA

(In millions)

(Unaudited)

Three Months Ended

Six Months Ended

June 30,

June 30,

2026

2025

2026

2025

Net Revenues

The Venetian Macao

$        591

$        663

$     1,301

$     1,301

The Londoner Macao

710

642

1,464

1,171

The Parisian Macao

218

194

447

421

The Plaza Macao and Four Seasons Macao

137

194

427

402

Sands Macao

95

71

188

146

Ferry Operations and Other

39

33

77

65

  Macao Operations

1,790

1,797

3,904

3,506

Marina Bay Sands

1,380

1,388

2,867

2,551

Intercompany Royalties

83

67

170

128

Intersegment Eliminations(1)

(99)

(77)

(202)

(148)

$     3,154

$     3,175

$     6,739

$     6,037

Adjusted Property EBITDA

The Venetian Macao

$        165

$        236

$        403

$        461

The Londoner Macao

192

205

415

358

The Parisian Macao

38

44

84

110

The Plaza Macao and Four Seasons Macao

20

66

134

140

Sands Macao

11

9

20

19

Ferry Operations and Other

4

6

7

13

  Macao Operations

430

566

1,063

1,101

Marina Bay Sands

689

768

1,477

1,373

$     1,119

$     1,334

$     2,540

$     2,474

Adjusted Property EBITDA as a Percentage of Net Revenues

The Venetian Macao

27.9 %

35.6 %

31.0 %

35.4 %

The Londoner Macao

27.0 %

31.9 %

28.3 %

30.6 %

The Parisian Macao

17.4 %

22.7 %

18.8 %

26.1 %

The Plaza Macao and Four Seasons Macao

14.6 %

34.0 %

31.4 %

34.8 %

Sands Macao

11.6 %

12.7 %

10.6 %

13.0 %

Ferry Operations and Other

10.3 %

18.2 %

9.1 %

20.0 %

  Macao Operations

24.0 %

31.5 %

27.2 %

31.4 %

Marina Bay Sands

49.9 %

55.3 %

51.5 %

53.8 %

Total

35.5 %

42.0 %

37.7 %

41.0 %

____________________

(1)

Intersegment eliminations include royalties and other intercompany services.

Exhibit 3

Las Vegas Sands Corp. and Subsidiaries

Non-GAAP Financial Measure Reconciliation

(In millions)

(Unaudited)

The following is a reconciliation of Net Income to Consolidated Adjusted Property EBITDA:

Three Months Ended

Six Months Ended

June 30,

June 30,

2026

2025

2026

2025

Net income

$           373

$           519

$        1,014

$           927

  Add (deduct):

Income tax expense

88

90

195

153

Loss on modification or early retirement of debt

—

—

—

5

Other (income) expense

(1)

22

2

23

Interest expense, net of amounts capitalized

189

194

377

368

Interest income

(31)

(42)

(66)

(84)

Loss on disposal or impairment of assets

2

8

10

15

Amortization of leasehold interests in land

21

20

42

35

Depreciation and amortization

350

371

707

733

Development expense

43

69

84

138

Pre-opening expense

5

9

9

13

Stock-based compensation(1)

6

5

9

6

Corporate expense

74

69

157

142

Consolidated Adjusted Property EBITDA

$        1,119

$        1,334

$        2,540

$        2,474

____________________

(1)

During the three months ended June 30, 2026 and 2025, the company recorded stock-based compensation expense of $15 million and $17 million, respectively, of which $9 million and $12 million, respectively, was included in corporate expense in the accompanying condensed consolidated statements of operations.

During the six months ended June 30, 2026 and 2025, the company recorded stock-based compensation expense of $39 million and $26 million, respectively, of which $30 million and $20 million, respectively, was included in corporate expense in the accompanying condensed consolidated statements of operations.

Exhibit 4

Las Vegas Sands Corp. and Subsidiaries

Non-GAAP Financial Measure Reconciliation

(In millions, except per share data)

(Unaudited)

The following is a reconciliation of Net Income Attributable to LVS to Adjusted Net Income:

Three Months Ended

Six Months Ended

June 30,

June 30,

2026

2025

2026

2025

Net income attributable to LVS

$           346

$           461

$           913

$           813

Pre-opening expense

5

9

9

13

Development expense

43

69

84

138

Loss on disposal or impairment of assets

2

8

10

15

Other (income) expense

(1)

22

2

23

Loss on modification or early retirement of debt

—

—

—

5

Income tax impact on net income adjustments(1)

(11)

(14)

(20)

(28)

Noncontrolling interest impact on net income adjustments

—

(8)

(2)

(11)

Adjusted net income attributable to LVS

$           384

$           547

$           996

$           968

The following is a reconciliation of Net Income per Diluted Share to Adjusted Earnings per Diluted Share:

Three Months Ended

Six Months Ended

June 30,

June 30,

2026

2025

2026

2025

Per diluted share of common stock:

Net income attributable to LVS

$          0.53

$          0.66

$          1.38

$          1.15

Pre-opening expense

0.01

0.01

0.01

0.02

Development expense

0.07

0.10

0.13

0.20

Loss on disposal or impairment of assets

—

0.01

0.01

0.02

Other (income) expense

—

0.03

—

0.03

Loss on modification or early retirement of debt

—

—

—

0.01

Income tax impact on net income adjustments

(0.02)

(0.01)

(0.03)

(0.03)

Noncontrolling interest impact on net income adjustments

—

(0.01)

—

(0.02)

Adjusted earnings per diluted share

$          0.59

$          0.79

$          1.50

$          1.38

Weighted average diluted shares outstanding

656

696

663

704

____________________

(1)

The income tax impact for each adjustment is derived by applying the effective tax rate, including current and deferred income tax expense, based upon the jurisdiction and the nature of the adjustment.

Exhibit 5

Las Vegas Sands Corp. and Subsidiaries

Supplemental Data

(In millions)

(Unaudited)

The following reflects the impact on Net Revenues for hold-adjusted win percentage:

Three Months Ended

June 30,

2026

2025

Macao Operations

$          147

$           (11)

Marina Bay Sands(1)

(49)

(102)

$            98

$         (113)

The following reflects the impact on Adjusted Property EBITDA for hold-adjusted win percentage:

Three Months Ended

June 30,

2026

2025

Macao Operations

$            87

$             (7)

Marina Bay Sands(1)

(37)

(80)

$            50

$           (87)

____________________

Note:

These amounts represent the estimated impact of the hold adjustment that would have occurred had the company's Rolling Chip win percentage for the three months ended June 30, 2026 and 2025, equaled 3.3% for the Macao operations and 4.2% and 4.1%, respectively, for Marina Bay Sands. Included are the estimated commissions paid, discounts and other incentives rebated directly or indirectly to customers, gaming taxes and bad debt expense that would have been incurred or avoided.

(1)

Beginning with the three months ended September 30, 2025, we revised our expected hold-adjusted win percentage for Marina Bay Sands to be based on the theoretical hold percentage measured by technology-enabled gaming tables.  Presentation of the prior year period has been revised to be consistent with that methodology.

Exhibit 6

Las Vegas Sands Corp. and Subsidiaries

Supplemental Data

(Unaudited)

Three Months Ended

Six Months Ended

June 30,

June 30,

2026

2025

2026

2025

Casino Statistics:

The Venetian Macao:

Table games win per unit per day(1)

$        8,819

$        9,710

$        9,688

$        9,271

Slot machine win per unit per day(2)

$           446

$           305

$           464

$           336

Average number of table games

632

658

635

663

Average number of slot machines

1,396

1,651

1,426

1,667

The Londoner Macao:

Table games win per unit per day(1)

$      14,008

$      11,904

$      14,970

$      11,194

Slot machine win per unit per day(2)

$           718

$           591

$           673

$           506

Average number of table games

523

523

510

509

Average number of slot machines

1,380

1,566

1,418

1,562

The Parisian Macao:

Table games win per unit per day(1)

$        7,819

$        6,850

$        8,403

$        7,552

Slot machine win per unit per day(2)

$           370

$           273

$           369

$           278

Average number of table games

242

228

241

238

Average number of slot machines

1,291

1,412

1,285

1,352

The Plaza Macao and Four Seasons Macao:

Table games win per unit per day(1)

$      14,081

$      19,300

$      21,781

$      20,460

Slot machine win per unit per day(2)

$             —

$            92

$             —

$            99

Average number of table games

116

105

114

105

Average number of slot machines(3)

—

53

2

51

Sands Macao:

Table games win per unit per day(1)

$        6,665

$        5,435

$        6,191

$        5,774

Slot machine win per unit per day(2)

$           276

$           256

$           272

$           246

Average number of table games

121

116

133

114

Average number of slot machines

1,278

761

1,233

779

Marina Bay Sands:

Table games win per unit per day(1)

$      20,156

$      21,003

$      22,491

$      18,928

Slot machine win per unit per day(2)

$        1,086

$        1,052

$        1,050

$           992

Average number of table games

564

539

566

541

Average number of slot machines

2,945

2,959

2,964

2,979

____________________

(1)

Table games win per unit per day is shown before discounts, commissions, deferring revenue associated with the company's loyalty programs and allocating casino revenues related to goods and services provided to patrons on a complimentary basis.

(2)

Slot machine win per unit per day is shown before deferring revenue associated with the company's loyalty programs and allocating casino revenues related to goods and services provided to patrons on a complimentary basis.

(3)

Slot machines were relocated to other properties during the three months ended March 31, 2026.

Exhibit 7

Las Vegas Sands Corp. and Subsidiaries

Supplemental Data

(Unaudited)

Three Months Ended

The Venetian Macao

June 30,

(Dollars in millions)

2026

2025

Change

Revenues:

Casino

$        457

$        524

$       (67)

Rooms

43

50

(7)

Food and beverage

15

15

—

Mall

62

62

—

Convention, retail and other

14

12

2

Net revenues

$        591

$        663

$       (72)

Adjusted Property EBITDA

$        165

$        236

$       (71)

EBITDA Margin %

27.9 %

35.6 %

       (7.7) pts

Gaming Statistics

(Dollars in millions)

Rolling Chip volume

$     1,028

$        859

$      169

Rolling Chip win %(1)

0.62 %

3.57 %

         (2.95) pts

Non-Rolling Chip drop

$     2,452

$     2,348

$      104

Non-Rolling Chip win %

20.4 %

23.5 %

       (3.1) pts

Slot handle

$     1,399

$     1,372

$        27

Slot hold %

4.1 %

3.3 %

      0.8 pts

Hotel Statistics

Occupancy %

98.2 %

98.6 %

       (0.4) pts

Average daily room rate (ADR)

$        197

$        195

$          2

Revenue per available room (RevPAR)

$        194

$        192

$          2

____________________

(1)

This compares to our expected Rolling Chip win percentage of 3.3% (calculated before discounts, commissions, deferring revenue associated with the company's loyalty programs and allocating casino revenues related to goods and services provided to patrons on a complimentary basis).

Las Vegas Sands Corp. and Subsidiaries

Supplemental Data

(Unaudited)

Three Months Ended

The Londoner Macao

June 30,

(Dollars in millions)

2026

2025

Change

Revenues:

Casino

$        548

$        495

$        53

Rooms

100

95

5

Food and beverage

31

27

4

Mall

23

21

2

Convention, retail and other

8

4

4

Net revenues

$        710

$        642

$        68

Adjusted Property EBITDA

$        192

$        205

$       (13)

EBITDA Margin %

27.0 %

31.9 %

       (4.9) pts

Gaming Statistics

(Dollars in millions)

Rolling Chip volume

$     3,523

$     2,090

$   1,433

Rolling Chip win %(1)

3.67 %

4.09 %

         (0.42) pts

Non-Rolling Chip drop

$     2,584

$     2,196

$      388

Non-Rolling Chip win %

20.8 %

21.9 %

       (1.1) pts

Slot handle

$     2,227

$     2,114

$      113

Slot hold %

4.0 %

4.0 %

     — pts

Hotel Statistics

Occupancy %

96.7 %

93.3 %

      3.4 pts

Average daily room rate (ADR)

$        262

$        259

$          3

Revenue per available room (RevPAR)

$        254

$        242

$        12

____________________

(1)

This compares to our expected Rolling Chip win percentage of 3.3% (calculated before discounts, commissions, deferring revenue associated with the company's loyalty programs and allocating casino revenues related to goods and services provided to patrons on a complimentary basis).

Las Vegas Sands Corp. and Subsidiaries

Supplemental Data

(Unaudited)

Three Months Ended

The Parisian Macao

June 30,

(Dollars in millions)

2026

2025

Change

Revenues:

Casino

$        165

$        143

$        22

Rooms

32

34

(2)

Food and beverage

14

11

3

Mall

5

5

—

Convention, retail and other

2

1

1

Net revenues

$        218

$        194

$        24

Adjusted Property EBITDA

$         38

$          44

$         (6)

EBITDA Margin %

17.4 %

22.7 %

       (5.3) pts

Gaming Statistics

(Dollars in millions)

Rolling Chip volume

$        169

$          —

$      169

Rolling Chip win %(1)

(2.26) %

— %

     — pts

Non-Rolling Chip drop

$        816

$        663

$      153

Non-Rolling Chip win %

21.6 %

21.4 %

      0.2 pts

Slot handle

$     1,302

$        872

$      430

Slot hold %

3.3 %

4.0 %

       (0.7) pts

Hotel Statistics

Occupancy %

97.4 %

99.2 %

       (1.8) pts

Average daily room rate (ADR)

$        141

$        147

$        (6)

Revenue per available room (RevPAR)

$        138

$        146

$        (8)

____________________

(1)

This compares to our expected Rolling Chip win percentage of 3.3% (calculated before discounts, commissions, deferring revenue associated with the company's loyalty programs and allocating casino revenues related to goods and services provided to patrons on a complimentary basis).

Las Vegas Sands Corp. and Subsidiaries

Supplemental Data

(Unaudited)

Three Months Ended

The Plaza Macao and Four Seasons Macao

June 30,

(Dollars in millions)

2026

2025

Change

Revenues:

Casino

$         59

$        122

$       (63)

Rooms

28

28

—

Food and beverage

8

7

1

Mall

41

37

4

Convention, retail and other

1

—

1

Net revenues

$        137

$        194

$       (57)

Adjusted Property EBITDA

$         20

$         66

$       (46)

EBITDA Margin %

14.6 %

34.0 %

         (19.4) pts

Gaming Statistics

(Dollars in millions)

Rolling Chip volume

$     2,824

$     1,399

$   1,425

Rolling Chip win %(1)

(1.15) %

2.72 %

         (3.87) pts

Non-Rolling Chip drop

$        839

$        655

$      184

Non-Rolling Chip win %

21.6 %

22.3 %

       (0.7) pts

Slot handle

$          —

$         19

$       (19)

Slot hold %

— %

2.3 %

     — pts

Hotel Statistics

Occupancy %

95.1 %

92.1 %

      3.0 pts

Average daily room rate (ADR)

$        507

$        502

$          5

Revenue per available room (RevPAR)

$        482

$        462

$        20

____________________

(1)

This compares to our expected Rolling Chip win percentage of 3.3% (calculated before discounts, commissions, deferring revenue associated with the company's loyalty programs and allocating casino revenues related to goods and services provided to patrons on a complimentary basis).

Las Vegas Sands Corp. and Subsidiaries

Supplemental Data

(Unaudited)

Three Months Ended

Sands Macao

June 30,

(Dollars in millions)

2026

2025

Change

Revenues:

Casino

$         88

$         63

$        25

Rooms

5

4

1

Food and beverage

2

3

(1)

Convention, retail and other

—

1

(1)

Net revenues

$         95

$         71

$        24

Adjusted Property EBITDA

$         11

$           9

$          2

EBITDA Margin %

11.6 %

12.7 %

       (1.1) pts

Gaming Statistics

(Dollars in millions)

Rolling Chip volume

$         26

$         23

$          3

Rolling Chip win %(1)

11.78 %

5.60 %

        6.18 pts

Non-Rolling Chip drop

$        497

$        389

$      108

Non-Rolling Chip win %

14.2 %

14.4 %

       (0.2) pts

Slot handle

$     1,526

$        589

$      937

Slot hold %

2.1 %

3.0 %

       (0.9) pts

Hotel Statistics

Occupancy %

99.4 %

99.4 %

     — pts

Average daily room rate (ADR)

$        162

$        176

$       (14)

Revenue per available room (RevPAR)

$        161

$        175

$       (14)

____________________

(1)

This compares to our expected Rolling Chip win percentage of 3.3% (calculated before discounts, commissions, deferring revenue associated with the company's loyalty programs and allocating casino revenues related to goods and services provided to patrons on a complimentary basis).

Las Vegas Sands Corp. and Subsidiaries

Supplemental Data

(Unaudited)

Three Months Ended

Marina Bay Sands

June 30,

(Dollars in millions)

2026

2025

Change

Revenues:

Casino

$     1,024

$     1,068

$       (44)

Rooms

151

134

17

Food and beverage

98

84

14

Mall

67

62

5

Convention, retail and other

40

40

—

Net revenues

$     1,380

$     1,388

$         (8)

Adjusted Property EBITDA

$        689

$        768

$       (79)

EBITDA Margin %

49.9 %

55.3 %

       (5.4) pts

Gaming Statistics

(Dollars in millions)

Rolling Chip volume

$     9,269

$     8,945

$      324

Rolling Chip win %(1)

4.74 %

5.26 %

         (0.52) pts

Non-Rolling Chip drop

$     2,597

$     2,360

$      237

Non-Rolling Chip win %

22.9 %

23.7 %

       (0.8) pts

Slot handle

$     6,382

$     6,192

$      190

Slot hold %

4.6 %

4.6 %

     — pts

Hotel Statistics

Occupancy %

95.6 %

95.0 %

      0.6 pts

Average daily room rate (ADR)

$        982

$        888

$        94

Revenue per available room (RevPAR)

$        939

$        844

$        95

____________________

(1)

This compares to our theoretical Rolling Chip win percentage of 4.2% and 4.1% for the three months ended June 30, 2026 and 2025, respectively (calculated before discounts, commissions, deferring revenue associated with the company's loyalty programs and allocating casino revenues related to goods and services provided to patrons on a complimentary basis).

Beginning with the three months ended September 30, 2025, we revised our expected hold-adjusted win percentage for Marina Bay Sands to be based on the theoretical hold percentage measured by technology-enabled gaming tables.

Las Vegas Sands Corp. and Subsidiaries

Supplemental Data - Asian Retail Mall Operations

(Unaudited)

For the Three Months Ended June 30, 2026

TTM

June 30,
2026

(Dollars in millions except per square foot data)

Gross
Revenue(1)

Operating
Profit

Operating
Profit
Margin

Gross
Leasable
Area (sq. ft.)

Occupancy
% at End
of Period

Tenant Sales
Per Sq. Ft.(2)

Shoppes at Venetian

$           62

$         55

88.7 %

829,874

89.3 %

$          2,161

Shoppes at Four Seasons

Luxury Retail

29

27

93.1 %

161,025

100.0 %

5,670

Other Stores

12

11

91.7 %

94,292

78.7 %

2,115

41

38

92.7 %

255,317

92.1 %

4,650

Shoppes at Londoner

23

19

82.6 %

518,122

75.9 %

1,886

Shoppes at Parisian

5

3

60.0 %

253,784

66.4 %

428

Total Cotai Strip in Macao

131

115

87.8 %

1,857,097

82.8 %

2,331

The Shoppes at Marina Bay Sands

67

61

91.0 %

616,028

100.0 %

3,279

Total

$         198

$       176

88.9 %

2,473,125

87.1 %

$          2,608

____________________

Note:

This table excludes the results of our retail outlets at Sands Macao.

(1)

Gross revenue figures are net of intersegment revenue eliminations.

(2)

Tenant sales per square foot reflect sales from tenants only after the tenant has been open for a period of 12 months.

SOURCE Las Vegas Sands Corp.

Winner of 14 awards, the highest this year, as an international recognition for HR strategy achievements

, /PRNewswire/ -- Sands China has been consistently investing resources for years to contribute to Macao's development, helping the city build into a hub for high-calibre international talent and upholding the policy of "Building Macao through Talent Training." Sands China recently scooped up 14 awards at the Employee Experience Awards Hong Kong 2026 by virtue of its comprehensive, effective, and innovative human resources strategy, standing out as the company with the most awards this year among many notable organizations from different sectors. This achievement fully demonstrates the strong international recognition of the company's outstanding performance in human resources strategy, talent development, and employee experience.

Sands China recently scooped up 14 awards at the Employee Experience Awards Hong Kong 2026 by virtue of its comprehensive, effective, and innovative human resources strategy, standing out as the company with the most awards this year among many notable organizations from different sectors. This achievement fully demonstrates the strong international recognition of the company’s outstanding performance in human resources strategy, talent development, and employee experience. The many accolades received this year include the Employee Experience Awards Grand Winner, the Triple Crown of Employee Excellence, four gold awards, seven silver awards, and one bronze award, covering a wide range of categories from corporate culture, employee experience and employee welfare to talent development and recruitment experience. These honours are a true testament to Sands China's leading role in attracting, developing, and retaining talent as well as its remarkable achievements in building an exceptional workplace that supports team member welfare and empowers long-term talent development.

Paulo Cheong, senior vice president of human resources of Sands China Ltd., said: "Talent is key to a company's development and a vital driving force for a city's long-term growth. Sands China has always embraced the policy of 'Building Macao through Talent Training' and is committed to creating a workplace that celebrates holistic development, diversity, inclusion, and excellence. We are deeply honoured to receive 14 awards, including the Grand Winner title, at the Employee Experience Awards Hong Kong this year. This recognition not only reflects the remarkable outcomes of our well-rounded human resources strategy, but also serves as an encouragement and motivation for us to continue progressing and fostering talent for Macao. Our heartfelt appreciation goes to the Macao SAR government and all sectors of society for their long-standing support, as well as to each and every team member who has been with us over the years. Sands China will continue to roll out effective and outstanding human resources initiatives to support team members' growth while also contributing to the high-quality development of Macao talent and the city's moderate economic diversification."

Established by Human Resources Online, a human resources platform in Asia, the "Employee Experience Awards" aims to recognize industry leaders and enterprises that are dedicated to creating quality employee experiences. Entries are judged by a panel of senior HR experts from diverse industries across four key pillars: leadership, learning, engagement, and talent acquisition. Hailed as the region's only peer-reviewed HR awards programme exclusively focused on employee experience, the Employee Experience Awards are held annually in Hong Kong SAR, Singapore, Malaysia, Thailand, and Indonesia, reflecting its extensive recognition and coverage in Asia in the field of human resources and employee experience.  

With its outstanding human resources strategy and performance, Sands China's recognitions in the HR space include being awarded once again with the prestigious "Top Employer" certification by the Top Employer Institute, one of the world's most authoritative certifiers of human resources strategies, joining 2,500 other certified organizations worldwide. It is the second consecutive year the company has received this honour, following last year's milestone as the first integrated resort operator in the Asia-Pacific region and the first company in Macao's tourism and service industry to be certified, highlighting the company's strict adherence to international standards in human resources strategy.

As the largest private employer in Macao, Sands China has long regarded talent cultivation as a core pillar in promoting Macao's economic diversification and has always invested resources to fully support the SAR government's policy direction of "Building Macao through Talent Training." Over the years, Sands China has consistently implemented innovative, people-oriented human resources initiatives to foster a healthy, friendly, efficient and inclusive workplace. Through competitive remuneration and benefit policies, a comprehensive talent development system, and diverse training opportunities, the company aims to constantly enhance the professional capabilities and career development prospects of team members. As at the end of 2025, Sands China had provided over 22.6 million training hours for team members. The company currently has more than 28,000 team members, with over half working for 10 years or more—a testament to the strong trust and recognition of its corporate culture among team members.

About Sands China Ltd.

Sands China Ltd. (Sands China or the Company) is incorporated in the Cayman Islands with limited liability and is listed on The Stock Exchange of Hong Kong Limited (HKEx: 1928). Sands China is the largest operator of integrated resorts in Macao. The Company's integrated resorts on the Cotai Strip comprise The Venetian® Macao, The Plaza® Macao, The Parisian® Macao and The Londoner® Macao. The Company also owns and operates Sands® Macao on the Macao peninsula. The Company's portfolio features a diversified mix of leisure and business attractions and transportation operations, including large meeting and convention facilities; a wide range of restaurants; shopping malls; world-class entertainment at The Venetian Arena, The Londoner Arena, The Venetian Theatre, The Parisian Theatre, The Londoner Theatre and Sands Theatre; and a high-speed Cotai Water Jet ferry service between Hong Kong and Macao. The Company's Cotai Strip portfolio has the goal of contributing to Macao's transformation into a world centre of tourism and leisure. Sands China is a subsidiary of global resort developer Las Vegas Sands Corp. (NYSE: LVS).

For more information, please visit www.sandschina.com.

Media contacts:
Corporate Communications, Sands China Ltd.
Mabel Wu
Tel: +853 8118 2268
Email: [email protected]

Jesse Chiang
Tel: +853 8118 2054
Email: [email protected]

SOURCE Sands China Ltd.

Sands logo The 2026 Sands Cares contribution is enabling The Center to provide paid work experience and transferable job skills to youth through its Espresso Yourself Cafe mobile coffee truck.

, /PRNewswire/ -- Las Vegas Sands (NYSE: LVS) today announced it has contributed $150,000 to The LGBTQ+ Center of Las Vegas (The Center) for a workforce training and employment program designed to support unhoused and housing-insecure youth through the organization's Espresso Yourself Café program.

Funding is enabling The Center to provide work experience and transferable job skills to 20 young adults ages 18-24 through development of the Espresso Yourself Café mobile coffee truck, which will provide them with pathways to sustainable employment, income stability and permanent housing.

The Center initially launched the Espresso Yourself Café as a permanent location in its main facility last year and has received strong participant engagement. The organization is extending the program to community locations through the mobile coffee truck while combining employment opportunities and job training for vulnerable youth.

"With Sands' continued and valued partnership, we are creating meaningful opportunities for vulnerable youth to build confidence, develop job skills and gain real-world work experience," said John Waldron, CEO of The Center. "This program reflects what The Center is all about – providing a safe and welcoming space where people can grow, thrive and reach their full potential."

Sands and The Center began working together through Sands Cares in 2021 when the company contributed to the expansion of the Arlene Cooper Community Health Center. Since then, Sands has continued Sands Cares investments that have enabled The Center to expand its health care resources, make improvements to its core facility and sustain its administrative office.

In addition, Sands hosted The Center in the Sands Cares Accelerator from 2023-2025, enabling the organization to expand and develop its marketing and communications capabilities through the exclusive three-year capacity-building program. Sands and The Center recently celebrated the nonprofit's Sands Cares Accelerator graduation and three-year accomplishments, which included increased media and social media visibility, recognition as a thought leader in community-based care and greater national awareness.

"We're entering a new phase in our work with The Center and embarking on an area that's very much aligned with our company's global focus on workforce development and providing economic empowerment through job skills and employment opportunities," Ron Reese, senior vice president of global communications and corporate affairs, said. "We've also been dedicated to the issue of youth homelessness in Las Vegas, so the opportunity to provide support for unhoused and housing-insecure youth was another strong connection with our priorities. We think this program will have great return for The Center and the youth who participate."

The Center has been a vital part of the Las Vegas Valley for 30 years and provides a safe, non-judgmental environment for life-enriching programs, wellness services, events, education and support for people who identify as LGBTQ+ and allies of the community. As the hub for an array of essential resources, The Center operates two clinics that deliver physical and mental health care, offers a variety of community service programs, and serves as a leading advocate for the LGBTQ+ community.

The Sands Cares partnership with The Center aligns with Sands' priorities on nonprofit partner advancement, workforce development, hardship relief and support for organizations serving diverse communities. To learn more about Sands Cares, visit sands.com/responsibility/communities/.   

To learn more about The LGBTQ+ Center of Las Vegas, visit https://thecenterlv.org/.         

About The LGBTQ+ Center of Las Vegas
For more than 30 years, The LGBTQ+ Center of Las Vegas has been providing a safe and welcoming place where everyone can receive the information, support, and services needed to thrive. With its headquarters located at 401 S. Maryland Parkway, The Center's threefold focus is to provide health services, advocacy, and community empowerment.

About Sands (NYSE: LVS)
Sands is the leading global developer and operator of integrated resorts. The company's iconic properties drive valuable leisure and business tourism and deliver significant economic benefits, sustained job creation, financial opportunities for local businesses and community investment to help make its host regions ideal places to live, work and visit.

Sands' portfolio of properties includes Marina Bay Sands® in Singapore and The Venetian® Macao, The Londoner Macao®, The Parisian® Macao, The Plaza® Macao and Four Seasons® Hotel Macao, and Sands® Macao in Macao SAR, China, through majority ownership in Sands China Ltd.

Dedicated to being a leader in corporate responsibility, Sands is anchored by the core tenets of serving people, communities and the planet. The company's ESG leadership has led to inclusion on the Dow Jones Best-in-Class Indices for World and North America, as well as Fortune's list of the World's Most Admired Companies. To learn more, visit www.sands.com.

SOURCE Las Vegas Sands Corp.

Investors are contending with plenty of near-term noise. There's the war in Iran, disappointing economic data, and the specter of the Federal Reserve cutting interest rates just once this year. If oil prices stay elevated for an extended period, pushing the Consumer Price Index (CPI) higher, the Fed might even be forced to raise rates.

That's a lot more than investors had on their 2026 bingo cards. But there are ways to stay invested while potentially reducing volatility. You could migrate to cash or bonds, but the right dividend stocks can also get the job done in tumultuous times.

These dividend stocks have the capacity for long-term payout growth. Image source: Getty Images.

Here are consumer names with the potential to deliver reliable, growing dividend income and share-price appreciation.

Sweet dependability with this beverage giant The gap over the last five years between PepsiCo (PEP 0.39%) and rival Coca-Cola is wide, with the latter outperforming the former by a wide margin: Pepsi stock rose by only 9%, and Coke by more than 46%. over that span.

It appears Pepsi has gotten the memo. Not only is the snack and soft-drink giant parting ways with some lagging brands, but it's also prioritizing healthy, value-oriented products, positioning itself to gain traction with today's health- and cost-conscious consumers.

Today's Change

(

-0.39

%) $

-0.56

Current Price

$

143.76

The dividend is dependable. PepsiCo has boosted payouts for 54 straight years, with the most recent hike in late 2025. With $9.5 billion in cash on its balance sheet as of the end of last year and leverage ratios that analysts view as tolerable, this consumer staples company has the capacity to continue growing that payout.

Golden arches, golden opportunity McDonald's (MCD +0.80%) lagged the broader consumer discretionary sector over the past three years as consumers grew frustrated with inflation-related price hikes. Like Pepsi, McDonald's appears to be aware of those gaffes, as its recent advertising campaigns focus on low-priced options with renewed emphasis on value meals.

The world's largest restaurant brand is also boosting spending on in-store technology, including artificial intelligence. Those investments may pay dividends by lifting unit economics and keeping McDonald's ahead of its rivals.

Today's Change

(

0.80

%) $

2.25

Current Price

$

284.77

Speaking of dividends, the company's streak of payout increases is now 49 years; over the past four years, 56% of earnings have been returned to investors in the form of dividends. By one estimate, McDonald's dividend growth is likely to average 9% annually for the next decade, indicating the stock could be an inflation-fighter for shareholders.

Rolling the dice Casino stocks can be tricky to own over extended periods, especially because the space isn't home to many dividend-growth stocks.

Las Vegas Sands (LVS 0.39%) alters that narrative. Yes, the company suspended its dividend to conserve cash early in the coronavirus pandemic. But since the payout was restored in 2023, it has been increased twice. An interesting, albeit speculative, tidbit about Sands' dividend is that its new CEO, Patrick Dumont, is the son-in-law of Dr. Miriam Adelson, the company's largest individual shareholder -- perhaps making any potential dividend cut less likely.

And one might not happen. Sands runs the most profitable casino in the world, Marina Bay Sands in Singapore. The company is the leading cash flow generator in the space. It has investment-grade credit ratings, which are hard to come by in the casino industry. It's also a dedicated buyer of its own shares.

Sands Gallery booth garners high international recognition
Macao's emerging artists shine on global art stage
Extended activities engage community with firecracker seminar and art tour
Fostering cultural exchange between Macao and the world

, /PRNewswire/ -- Presented by Sands China, the Sands Gallery booth concluded successfully March 29 at Art Central, Hong Kong's premier annual international art event. Throughout the five-day exhibition, the booth attracted strong interest from international gallery representatives, collectors, and artists, fostering cross-cultural exchanges centred on the works of three young Macao artists — Lei leng Wai, Leong Chi Mou, and Dor Lio Hak Man. Additionally, the booth featured a curated firecracker catalogue and a precious collection of original firecracker packaging labels from "A Century of Iec Long Firecracker Factory in Radiance – An Exhibition on the Resonant History and Aesthetic Memory of Macao Firecrackers," currently on view at Sands Gallery in Macao. The display captivated a wide international audience, demonstrating the global appeal of Macao's cross-generational culture.

Sands Gallery’s participation in Art Central underscores its role as an international cultural portal for Macao. It not only leads Macao artists to shine on the global stage, but also highlights Macao’s rich cultural and artistic qualities, further enhancing the city’s international reputation and its influence in the field.

Presented by Sands China, the Sands Gallery booth concluded successfully March 29 at Art Central, Hong Kong’s premier annual international art event. This year’s Art Central was the largest edition to date, bringing together 117 galleries and over 500 international artists, attracting more than 40,000 visitors.

Throughout the five-day exhibition, the Sands Gallery booth attracted strong interest from international gallery representatives, collectors, and artists, fostering cross-cultural exchanges centred on the works of three young Macao artists — Lei leng Wai, Leong Chi Mou, and Dor Lio Hak Man.

Throughout the five-day exhibition, the Sands Gallery booth attracted strong interest from international gallery representatives, collectors, and artists, fostering cross-cultural exchanges centred on the works of three young Macao artists — Lei leng Wai, Leong Chi Mou, and Dor Lio Hak Man.

Throughout the five-day exhibition, the Sands Gallery booth attracted strong interest from international gallery representatives, collectors, and artists, fostering cross-cultural exchanges centred on the works of three young Macao artists — Lei leng Wai, Leong Chi Mou, and Dor Lio Hak Man.

The Sands Gallery booth also featured a curated firecracker catalogue and a precious collection of original firecracker packaging labels from “A Century of Iec Long Firecracker Factory in Radiance – An Exhibition on the Resonant History and Aesthetic Memory of Macao Firecrackers,” currently on view at Sands Gallery in Macao. The display captivated a wide international audience, demonstrating the global appeal of Macao’s cross-generational culture.

The Sands Gallery booth also featured a curated firecracker catalogue and a precious collection of original firecracker packaging labels from “A Century of Iec Long Firecracker Factory in Radiance – An Exhibition on the Resonant History and Aesthetic Memory of Macao Firecrackers,” currently on view at Sands Gallery in Macao. The display captivated a wide international audience, demonstrating the global appeal of Macao’s cross-generational culture.

Sands China invited distinguished Professor Ung Vai Meng of the Faculty of Humanities and Arts at the Macau University of Science and Technology, who curated the firecracker exhibition at Sands Gallery in Macao, to deliver a seminar March 29 at Art Central.

The seminar traced the development of the firecracker trade, focusing on the aesthetics emanating from the square-inch packaging paper, the folk symbolism and aesthetic trends behind the graphics, and how the packaging design responded to cross-cultural market demands.

Sands China specially arranged a guided tour at Art Central for representatives from four NGOs in Macao: Fuhong Society of Macau, Macau Special Olympics, the Noah Family Mutual Aid Association, and the Richmond Fellowship of Macau, allowing them to experience the international art event firsthand and enabling them to appreciate the power of diverse art and creativity, while paving the way to foster inclusion of art in the Macao community from a broader perspective. Sands Gallery's participation in Art Central underscores its role as an international cultural portal for Macao. It not only leads Macao artists to shine on a global stage, but also highlights Macao's rich cultural and artistic qualities, further enhancing the city's international reputation and its influence in the field of arts and culture.

Sands China is the first integrated tourism and leisure enterprise in Macao invited to join Art Central as an Associate Partner. This year's Art Central was the largest edition to date, bringing together 117 galleries and over 500 international artists, and attracting more than 40,000 visitors.

Since its establishment in 2022, Sands Gallery has consistently introduced international artworks to Macao, while providing a platform for Macao artists to showcase their works to an international audience. Such initiatives are designed to align with the Macao SAR government's directives on diversified development and cultural tourism. The Sands Gallery booth at Art Central featured more than 40 artworks, including the representative works by the three Macao contemporary artists and the original Macao firecracker packaging labels. In addition, the company arranged extended activities — a seminar on firecracker aesthetics and guided art tours — to further foster art and cultural exchange between Macao and the world.

Dr. Wilfred Wong, executive vice chairman of Sands China Ltd., said: "We are deeply honoured to join Art Central as Associate Partner, sincerely grateful to the organiser for their recognition and support in Sands Gallery. As a prominent platform in the global contemporary art scene, Art Central has provided a valuable opportunity for Sands Gallery to showcase Macao's cultural depth and artistic vitality to the world; the ensuing recognition received from the international art industry, academia, and visitors is deeply meaningful and profoundly encouraging to us. We are delighted to see the works of Lei leng Wai, Leong Chi Mou, and Dor Lio Hak Man garnering such high acclaim from collectors, visitors, and media from all over the world, which has enabled them to broaden their international perspectives and networks, and also laid a robust foundation for their future international advancement in the global art scene.

"We also organised a seminar on firecracker aesthetics hosted by Professor Ung Vai Meng as an extended activity at Art Central, introducing Macao's century-old cultural legacy to international audiences through dialogues and exchanges. In this way, we hope to inspire international visitors to further discover Macao's history and heritage, strengthening the city's position as a World Centre of Tourism and Leisure. We would like to extend our heartfelt gratitude to the Macao SAR government and various sectors of society for their full support of Sands Gallery. Looking ahead, Sands China will continue to support the government's economic diversification plan, while expanding international platforms for Macao artists. Through the power of arts and culture, we aspire to foster a more diverse, visionary future for Macao."

Corey Andrew Barr, fair director of Art Central, said: "Sands China embodies a spirit of partnership that goes far beyond the conventional — building genuine pathways for the exchange of art and ideas between Macao and Hong Kong, rooted in a deep sense of shared heritage that binds our two cities like family. We are honoured to welcome Sands China as Associate Partner of Art Central, and to celebrate this relationship as one of our most meaningful."

Artist Lei Ieng Wai, said: "I sincerely thank Sands Gallery for its dedicated efforts in broadening international horizons for Macao artists and providing us with valuable opportunities to showcase our work to an international audience. This exhibition has been tremendously constructive, enabling us to forge connections with international collectors and art institutions while laying an important foundation for Macao artists to enter the global market. I am deeply grateful to Sands China and looking forward to further opportunities to participate in international art events, continuing to showcase the creative strengths of Macao artists with the world."

Artist Leong Chi Mou, said: "I am grateful to Sands China for fully supporting our participation in Art Central, which allowed us to engage with international galleries, curators and artists, and gain deeper insights into the preferences of global audiences and markets. This experience has been richly nourishing and has prompted me to reflect on how Macao's art can further connect with the world. From participating in Art Macao's collateral exhibition at Sands Gallery a few years ago to now standing together on this international stage through the gallery, I firmly believe that artistic strength nurtured by Sands Gallery will shine even more brightly on the world stage in the future."

Artist Dor Lio Hak Man, said: "I would like to express my gratitude to Sands Gallery for facilitating my debut at Art Central. Beyond the opportunity to present my work, this has been a cherished learning experience that has fostered significant growth. I was deeply inspired and impressed by the creations and perspectives of global artists on this international art stage, which has led me to further contemplate my own creative direction. Art is an endless journey; this experience has strengthened my resolve to achieve my goals, which are to create more impactful artworks, and continue to capture life and spread warmth through art."

French artist and collector Nicolas Deladerrière, who visited the booth, said: "It was truly refreshing to visit the Sands Gallery booth at Art Central. The collection is a brilliant cocktail of tradition and modernity — Macao's artists exploring everyday life with a sharp wit, while seamlessly revisiting centuries of graphic heritage. The highlight for me was seeing those beautiful, vintage firecracker labels. Created in Macao over a century, they built the graphic imagery of our childhoods all over the world. Seeing the thoughtful juxtaposition of Macao's history with the bold energy of these rising contemporary voices creates a powerful bridge between our past and the future of art that resonates with audiences across generations."

Seminar extends century-old firecracker aesthetics to showcase Macao's art and cultural heritage 
To help international audiences better comprehend the aesthetic legacy of Macao's century-old firecracker industry, Sands China invited distinguished Professor Ung Vai Meng of the Faculty of Humanities and Arts at the Macau University of Science and Technology, who curated the firecracker exhibition at Sands Gallery in Macao, to deliver a seminar March 29 at Art Central. The seminar traced the development of the firecracker trade, focusing on the aesthetics emanating from the square-inch packaging paper, the folk symbolism and aesthetic trends behind the graphics, and how the packaging design responded to cross-cultural market demands.

The seminar was well received and sparked enthusiastic discussions on-site, connecting shared memories among audiences from Hong Kong and Macao through the genuine sharing of the speaker. The event also provided international audiences with a profound perspective into the industry's history, aesthetics, and urban memory, deepening their understanding of the cultural significance and warmth of Macao's firecracker heritage.

Participation in art tour connects the community 
To broaden public engagement with art, Sands China specially arranged a guided tour at Art Central for representatives from four NGOs in Macao: the Fuhong Society of Macau, the Macau Special Olympics, the Noah Family Mutual Aid Association, and the Richmond Fellowship of Macau. Led by professionals from Art Central, participants visited the Sands Gallery booth and other exhibiting galleries, allowing NGO members to experience the international art event firsthand and enabling them to appreciate the power of diverse art and creativity, while paving the way to foster inclusion of art in the Macao community from a broader perspective.

Jennifer Chau, director of Fuhong Society of Macau, who participated in the art tour, said: "I would like to express my gratitude to Sands China for organising this art tour for NGOs. It provided us a valuable opportunity to appreciate the works of three Macao artists introduced by the Sands Gallery booth at Art Central, while also allowing us to visit other international galleries. This experience is a valuable source of inspiration, helping us gain a deeper understanding of international approaches to artistic expression and curatorial techniques, which is beneficial to the art development within our organisation. Looking ahead, we hope to foster more collaboration with Macao artists and jointly promote art inclusion. Together, we can further share the story of Macao and its art with the world."

About Sands Gallery
As an art space located at The Grand Suites at Four Seasons Hotel Macao, Sands Gallery is dedicated to bringing diverse art exhibitions to the city, fostering the sustainable development of Macao's cultural and creative industries.

Since its establishment in 2022, the gallery has hosted 12 exhibitions of varied styles, introducing artwork of international and national calibre while also providing opportunities for local artists to showcase their work and connect with the global art stage.

Through continued endeavours in Macao's arts and cultural sector, Sands China has built the Gallery into a platform of artistic weight and cultural depth, injecting multicultural vitality into Macao, enriching the artistic experiences of residents and visitors, and enhancing public appreciation of art. At the same time, it fully supports the Macao SAR government's policy of promoting non-gaming development, contributing to Macao's growth as "a base for exchange and cooperation where Chinese culture is the mainstream and diverse cultures coexist."

About Sands China Ltd. 
Sands China Ltd. (Sands China or the Company) is incorporated in the Cayman Islands with limited liability and is listed on The Stock Exchange of Hong Kong Limited (HKEx: 1928). Sands China is the largest operator of integrated resorts in Macao. The Company's integrated resorts on the Cotai Strip comprise The Venetian® Macao, The Plaza® Macao, The Parisian® Macao and The Londoner® Macao. The Company also owns and operates Sands® Macao on the Macao peninsula. The Company's portfolio features a diversified mix of leisure and business attractions and transportation operations, including large meeting and convention facilities; a wide range of restaurants; shopping malls; world-class entertainment at The Venetian Arena, The Londoner Arena, The Venetian Theatre, The Parisian Theatre, The Londoner Theatre and Sands Theatre; and a high-speed Cotai Water Jet ferry service between Hong Kong and Macao. The Company's Cotai Strip portfolio has the goal of contributing to Macao's transformation into a world centre of tourism and leisure. Sands China is a subsidiary of global resort developer Las Vegas Sands Corp. (NYSE: LVS).

For more information, please visit www.sandschina.com.

About Art Central
Art Central, a cornerstone event of Hong Kong Art Month, presents the next generation of talent from Asia's most forward-thinking galleries alongside celebrated artists from across the globe. Since its inaugural edition in 2015, Art Central has established itself as a leading platform for innovation in contemporary art, advancing the profiles of artists and galleries and reinforcing their presence within the international art landscape. Today, the Fair is recognised for the strength of its curatorial programming and as a vital meeting point for discovery and exchange among collectors and curators representing private, corporate, and institutional collections worldwide.

Media contacts:
Corporate Communications, Sands China Ltd.
Mabel Wu
Tel: +853 8118 2268
Email: [email protected]

Jesse Chiang
Tel: +853 8118 2054
Email: [email protected]

SOURCE Sands China Ltd.