Macau Properties Prop Up Las Vegas Sands February 26, 2010

Altogether, Sands Corporation owns four properties in Macau, including the Venetian Macau, Plaza Casino, Four Seasons Hotel Macau, and of course, Sands Macau. Revenue generated by the three casinos in Macau totaled $952.8 million in the fourth quarter. By comparison, their two Las Vegas properties generated a mere $263.7 million

Unlike the United States, which is still suffering through a “jobless recovery,” the Chinese economy has rebounded from the effects of the recession. This recovery has allowed Macau casinos to function more profitably, particularly after the Chinese government relaxed their visa restrictions to the island. This development made travel from mainland China to Macau much easier, and brought more tourists to the Sands Resort more often.

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