Inside Asian Gaming

IAG NOV 2019年11月亞博匯 50 SHELDON ADELSON CHAIRMAN AND CEO Las Vegas Sands CHAIRMAN AND CEO Sands China 蕭登．艾德森 董事會主席及行政總裁 拉斯維加斯金沙集團 董事會主席及行政總裁 金沙中國有限公司 CLAIMS TO FAME • At age 86, undergoing treatment for non-Hodgkin’s lymphoma but reportedly still engaged on critical company issues • Leader inAsia’s two topgamingmarkets,MacauandSingapore • Conceived Cotai, then a swamp, as Macau’s version of the Las Vegas Strip • Built iconic Marina Bay Sands, Asian exemplar of convention-driven IR model 名成事跡 • 以86歲的高齡，雖然在為非霍奇金氏淋巴瘤接受治療，但依然有參 與公司的重要事務 • 領導著澳門及新加坡這兩個亞洲最大博彩市場 • 從一片泥沼中孕育出路氹城，成為澳門版的拉斯維加斯 • 創建出標誌性的濱海灣金沙這以會議帶動的綜合度假村模式的亞 洲佼佼者 2 UNDER normal circumstances, it would be easier to evaluate Sheldon Adelson’s status in Asian gaming. But Las Vegas Sands Corp’s 28 February announcement that Adelson, now 86 years old, is undergoing treatment for non-Hodgkin’s lymphoma, and his absence from three straight earnings calls, creates uncertainty, even though he returned for the company's most recent 3Q19 call. There is no question that Adelson has created the leading gamingempire inAsia, on track todeliverUS$4.5billionEBITDA this year, and that he’s in charge, holding the Chairman and CEO positions of LVS and Macau operating subsidiary Sands China, and, with wife Dr Miriam Adelson, a majority of LVS shares. In Singapore, Adelson’s team executes the convention- driven integrated resort model he developed in Las Vegas over the howls of Strip pros who insisted it would never work. When Macau officials proposed Cotai as the site for The Venetian Macao, it was an unwanted, waterlogged wasteland. But Adelson told Macau officials to hand it over and he’d develop it. None of the other casino licensees wanted in (except, reportedly, Lawrence Ho, landing Melco the City of Dreams site across from The Venetian Macao). Now, thanks to its three mammoth Cotai resorts occupying prime locations with more hotel rooms than all competitors combined, Sands regularly tops Macau gamingmarket share and absolutely dominates non-gaming revenue categories and profits. LVS continues to push for a Japan IR, where regulations seem tailor-made for it. Under a similar casino size limit with an entry tax for residents and using no junket promoters, LVS created iconic and exceptionally profitable Marina Bay Sands. 2019 POWER 50 POWER SCORE 權能指數 : 7,762 POSITION LAST YEAR 去年排名 : 1