Sands And MGM China Helps Fight Coronavirus With Cash Injection

Sands China and MGM China have become the new donor organisations to help fight the spread of the coronavirus pandemic in China and Macau.

The promises, announced by Inside Asian Gaming, follow Melco Resorts and Entertainment vowing to reassess all non-core investments due to the impacts of coronavirus to be made in 2020.

Casino gaming and entertainment facilities developer, owner and operator, states that the decision comes in the midst of a severe drop in tourism in Asia to integrated resort facilities in the area, and the recent decision by the Macau SAR government to close all casinos in Macau.

Joining like-minded JM Holdings, Suncity Group and Guangdong Group, Sands has contributed MOP$25 m (£ 2.4 m) to help curb the spread of the virus and assist with relief efforts across both countries.

It includes MOP$20 m (£ 1.9 m) in collaboration with the Central People’s Government Liaison Office in Macau to assist the efforts of the mainland in fighting the virus, as well as another MOP$5 m to facilitate the introduction of preventive measures across the local community.

Sheldon Adelson, chairman and CEO of Sands China, explained: “Las Vegas Sands has always considered it an honour to do business in Macau, while at the same time recognising and embracing our important role as a community partner, especially in challenging times such as these.

“We strongly support Macau and mainland China in their efforts to contain the coronavirus and protect their citizens. It’s been our experience that people in Macau and mainland China are strong and resilient and those traits will undoubtedly be needed in the days to come. We will certainly do everything we can to help return things to normal as quickly as possible.”

MGM China’s MOP$20 m commitment is being made to help the Hubei province buy preventive and medical supplies, as well as urgently needed materials and equipment.

“Now is the most critical time for our nation in fighting against this coronavirus epidemic battle, we shall always be true to our aspiration, and lend a helping hand to the people in conquering the epidemic together,” commented Pansy Ho, MGM China co-chairperson and executive director.

“We would like to express our gratitude for the tireless and selfless effort of the medical professionals, who have been protecting the lives of our people, especially the ones at the front-line of Hubei province. We would also like to express our sincere condolence to the families affected by the epidemic.”