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Slowdown in the mainland not impacting high-rollers

Sands China Ltd’s chief executive Edward Tracy says the Macau-based gaming operator has not seen any drop in revenue from its VIP segment, despite the economic growth slowdown in the mainland. The company’s business is expected to be “very strong” going forward and the second half is traditionally better than the first, Mr Tracy told Bloomberg […]

Sands China Ltd’s chief executive Edward Tracy says the Macau-based gaming operator has not seen any drop in revenue from its VIP segment, despite the economic growth slowdown in the mainland. The company’s business is expected to be “very strong” going forward and the second half is traditionally better than the first, Mr Tracy told Bloomberg in an interview. “We don’t see anything on the horizon that’s troubling,” he said. Mr Tracy added that improved transportation infrastructure in the mainland would also have a positive impact on Macau’s gaming industry performance.

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