TacticScaleWhat Sands China Does & How It Makes Money (1928.HK)
Updated October 2026 · reflects Sands China's latest reported financials
Macao integrated resort and casino operator, subsidiary of Las Vegas Sands. It earns most of its revenue from casino gaming at its Macao resorts, plus income from hotel rooms, conventions, entertainment, and ferry and leasing services.
How Sands China makes money
It earns most of its revenue from casino gaming at its Macao resorts, plus income from hotel rooms, conventions, entertainment, and ferry and leasing services. It also provides tourism, security and outsourced services such as IT, accounting, hotel management and marketing.
What Sands China does
Sands China Ltd. develops, owns and operates integrated resorts and casinos in Macao. Its properties include The Venetian Macao, The Londoner Macao, The Parisian Macao, The Plaza Macao and the Sands Macao casino. Alongside these it runs the Cotai Expo convention and exhibition hall and The Venetian and The Londoner Arena entertainment venues. The company also operates the Cotai Water Jet ferry for leisure and business travelers and offers pontoon leasing, travel agency, security and HR administration services. It provides outsourced IT, accounting, hotel management and marketing services as well. Sands China was incorporated in 2009, is headquartered in Macau, and is a subsidiary of Las Vegas Sands Corp.
Products & services
- The Venetian Macao
- The Londoner Macao
- The Parisian Macao
- The Plaza Macao
- Sands Macao casino
- Cotai Water Jet ferry
What is Sands China worth?
A reliable owner-earnings fair value isn't available for this company yet — we'd rather say so than print a number we don't trust.
We show a fair value only when the method is trustworthy. See Sands China on TacticScale →
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