LVS moves past SJM in Macau gambling revenue

Jun 17, 2013 7:08 PM

By focusing on family-friendly attractions, Sands China Ltd., the Asian company that is majority owned by Las Vegas Sands Corp. (LVS), has moved passed the established SJM Holdings in Macau gambling revenue.

For the first quarter of the year, Sands had Macau revenues of $863 million while SJM, the company formed by gaming mogul Stanley Ho, reported revenues of $801 million.

Tourism officials noted that families looking for a mix of fast food, fashions, as well as gambling, were more attracted to the Sands offerings.

Ray Poirier is the longtime executive editor at GamingToday.

Contact Ray at [email protected].

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