Welcome to our dedicated page for Sands China news (Ticker: SCHYY), a resource for investors and traders seeking the latest updates and insights on Sands China stock.
Sands China Ltd. (SCHYY) drives Macau's position as the world's largest gaming hub through its integrated resorts combining casinos, luxury hotels, and entertainment complexes. This news hub provides investors and industry observers with timely updates on the company's operational and financial developments in Asia's premier leisure destination.
Track critical updates including quarterly earnings, concession renewals, and non-gaming revenue initiatives. Our curated news collection covers strategic partnerships, regulatory changes affecting Macau's gaming sector, and sustainability efforts across Sands China's properties like The Venetian Macao and Londoner Macao.
Discover analysis of market share shifts, VIP gaming trends, and mass-market tourism strategies. Stay informed about infrastructure expansions and cultural initiatives that shape Sands China's role in Macau's economic diversification. Bookmark this page for verified updates on one of the gaming industry's most strategically significant operators.
Sands China (SCHYY) celebrated the 10th anniversary of its Local Small, Medium and Micro Suppliers Support Programme at The Londoner Macao, alongside the 2025 Local Supplier Open Day attended by 250 local SMEs. The programme, launched in 2015 with the Macao Chamber of Commerce, focuses on supporting local small suppliers, 'Made in Macao' companies, and young entrepreneurs.
The Open Day featured procurement booths across various categories including F&B, logistics, marketing, technology, and hotel supplies. A new addition included a dedicated booth for DSEDT-certified Macao technology enterprises. The company's procurement success is evident in its 2024 figures, with MOP 15.2 billion in gross procurement, of which 84% (MOP 12.8 billion) went to Macao enterprises, including over 4.6 billion to local SMEs.
The company announced plans to launch a digital marketing training programme for local SMEs and support the '2025 Macau Youth Innovation and Entrepreneurship Competition' in August, furthering its commitment to Macao's economic diversification.
The 2025 Sands China Macao International 10K successfully hosted approximately 10,000 runners from 40 countries on March 16, 2025. Kenyan athletes Vincent Kibet Langat and Betty Sigei won the men's and women's races respectively, both setting new records. In the Macao category, Wang Kun and Hoi Long claimed victories, with Wang establishing a new Macao record.
The event, organized by the Sports Bureau of Macao SAR Government and Sands China , featured a scenic route from Sai Van Lake Square to the Olympics Sports Centre, including the Cotai Strip for the first time. The race included a Fun Run with an 'Ocean Run' costume contest theme, promoting marine environment protection. Additionally, 550 participants from local social service institutions joined to promote inclusive sports.
Sands China organized a five-day Macao Technological Innovation Exploration in Lisbon from Nov. 11-15, bringing 17 Macao enterprises to Portugal. The initiative, co-organized with the Macao Economic and Technological Development Bureau and supported by the Macao Science and Technology Development Fund, aimed to promote technological innovation in Macao.
The delegation attended the Web Summit, a major tech conference with 70,000 participants from 150 countries, focusing on sustainability, AI, and robotics. They also visited innovative companies including Outsystems, Sensei Tech, and Unicorn Factory. The trip concluded with a Concrete Opportunities Workshop exploring innovation methodologies and collaboration opportunities.
Sands China hosted a joint event at The Parisian® Macao, combining the Sands Supplier Excellence Awards and the graduation ceremony for the 15th and 16th cohorts of its Sands Procurement Academy. Seven suppliers were recognized for excellence across different categories, while 73 local SMEs graduated from the academy program. The event highlighted Sands China's commitment to supporting local businesses, with the academy having trained 559 suppliers since its 2017 founding.
The company showcased 138 success stories of SME partnerships and hosted a networking session. Notably, Sands China reported a total procurement spend of MOP 10.3 billion in 2024, with 29 percent allocated to local SMEs.
Sands China and community partners assembled over 30,000 hygiene kits for Clean the World in one day at The Venetian Macao. 350 volunteers, including Sands Cares Ambassadors and members from four local organizations, participated in this 11th annual initiative. The kits, containing recycled hotel amenities and essential hygiene supplies, will be distributed to 15 community groups in Philippines, Hong Kong, and Macao. Since 2014, Sands China has diverted over 330 tons of hotel amenities from landfills and produced 385,700 hygiene kits through this sustainability program.
Sands China and Marriott International are set to introduce the first Luxury Collection Hotel in Macao. The Londoner Grand, located within The Londoner® Macao, aims to offer guests a unique blend of British charm and Macanese culture. Designed by Peter Silling & Associates, the hotel features Georgian-inspired architecture with elegant rooms and suites reminiscent of London's Mayfair district.
The hotel will add 2,405 rooms and suites to The Londoner Macao, along with five new dining concepts. These include Hampton Court (international and Chinese buffet), Chelsea Garden (all-day dining), The Conservatory (dim sum, tearoom, confectionery, and British pub), and two signature Chinese restaurants. This expansion aims to enhance The Londoner Macao's position as a premier resort destination for both business and leisure travelers, supporting Macao's status as a World Centre of Tourism and Leisure.
Marriott International and Sands China have signed an agreement to introduce The Luxury Collection brand to Macao. The Londoner Grand, a Luxury Collection Hotel, Macao is set to open in January 2025, offering 2,405 rooms and suites designed with Georgian-inspired architecture. Located on the Cotai Strip, the hotel will be near key attractions and feature five distinct dining concepts.
The hotel's interior design, led by Peter Silling & Associates, will emphasize elegant spaces with traditional paneling, linear headboards, and marble bathrooms. Suites will be decorated with art inspired by London's Mayfair district, and some will include terraces, kid rooms, media rooms, and private pools.
This collaboration between Marriott International and Sands China aims to elevate Macao's luxury hospitality landscape and expand The Luxury Collection's footprint in the region.
Sands China has achieved Top 1% rankings in both the China and Global editions of the S&P Global Sustainability Yearbook 2024, highlighting its exceptional ESG performance. The company, with its 26,000 team members, is the only one in the Casinos & Gaming industry to receive this distinction. Sands China was among 12 companies out of 1,700 assessed in China and 66 out of 9,400 globally to achieve Top 1% ESG performance.
Key achievements include:
- 2.33 million hours of workforce training in 2023
- 17.5% reduction in gas emissions ahead of schedule
- 310,000+ hours of voluntary community service
The company's ESG efforts are executed under its corporate responsibility pillars: People, Community, and Planet. Sands China has also been listed in the Dow Jones Sustainability Indices (DJSI) World and Asia Pacific for the second and third consecutive year, respectively.
Sands China has announced the winners of its Entrepreneurship Recruitment Programme for Rua das Estalagens, part of the company's ongoing Community Revitalisation Series. The programme aims to fund innovative business proposals from Macao residents to revitalize the historic street's economy. Out of 128 applications, seven business plans were selected to receive subsidies up to twice their initial capital investment, capped at MOP 1 million. The selected projects cover various categories including dining, retail, and cultural industries. Sands China collaborated with government bodies, businesses, and NGOs for this initiative, which aligns with the Macao SAR government's development strategy. The company plans to launch a second phase based on the neighborhood's situation and store operations.
The 2024 Sands Shopping Carnival in Macao set a new record with 120,000 visits over four days, supporting the government's 'tourism+' initiative. The event featured over 580 booths, including 325 dedicated to local SME suppliers. Highlights included:
- MOP 1 products and up to 90% discounts from international brands
- Free shuttle service and parking
- Sands Cares Ambassadors accompanying community groups
- Food Court with social enterprises
- Cultural and Creative zone with 10 community organizations
- Talent contests attracting Greater Bay Area participants
- Eco-friendly initiatives aligned with Sands ECO360 strategy
The carnival has welcomed over 540,000 visitors since its 2020 debut, becoming an annual signature event for Sands China and supporting Macao's economic revival efforts.
