{"id":4815,"date":"2021-06-04T11:15:30","date_gmt":"2021-06-04T11:15:30","guid":{"rendered":"https:\/\/www.top10casinowebsites.net\/news\/?p=4815"},"modified":"2021-06-04T11:15:30","modified_gmt":"2021-06-04T11:15:30","slug":"lvs-chairman-robert-goldstein-disappointed-with-slot-recovery-of-macau-gaming-market","status":"publish","type":"post","link":"https:\/\/www.top10casinowebsites.net\/news\/lvs-chairman-robert-goldstein-disappointed-with-slot-recovery-of-macau-gaming-market\/","title":{"rendered":"LVS Chairman Disappointed With Slot Recovery of Macau Gaming Market"},"content":{"rendered":"

\"RobertLas Vegas Sands Corp.<\/strong> announced earlier this year that it was selling its Las Vegas casino properties<\/a> as it wanted to focus on the Asian gaming market which has produced the bulk of the operator\u2019s gross gaming revenues. The biggest market for Sands Corp. has been Macau which is the biggest gambling hub in the world.<\/p>\n

Robert Goldstein<\/strong>, chairman and CEO of Sands Corp. recently opened up about the company\u2019s plans and shared his views at the Bernstein Annual Strategic Decisions Conference which was held online. Goldstein admitted that he was rather disappointed with the pace at which Macau\u2019s gaming market was recovering.<\/p>\n

Goldstein took over as the chairman and CEO of Sands Corp. after Sheldon Adelson passed away in January 2021<\/a>. Adelson for the most part would always speak positive of Macau\u2019s gaming market even when things were not going so well. Goldstein has a different approach and is calling it the way he sees it.<\/p>\n

Goldstein said that while it was disappointing to see the slow recovery in Macau, he understood that current restrictions do not allow the gaming market to bounce back. The Macau government has taken a very stringent stance on COVID-19 and have very strong travel restrictions in place as they have a zero tolerance policy towards COVID.<\/p>\n

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