Inside Asian Gaming

IAG JAPAN NOV 2020 62 2020 POWER 50 WILFRED WONG PRESIDENT AND EXECUTIVE DIRECTOR Sands China ウィルフレッド・ウォン(王英偉) 業務執行取締役社長 サンズ・チャイナ CLAIMS TO FAME 評価理由 10 POWER SCORE パワースコア: 1,608 POSITION LAST YEAR 昨年の順位: 8 Macau leader of the Las Vegas Sands’ subsidiary generating majority of group EBITDA Experienced government and political operator with mainland China connections Extensive work in property development • • • • • • グループのEBITDAの半分以上を生み出すラスベガス・サンズ子会社の マカオのトップ 中国本土にコネクションを持つ経験豊富な政府および政治面での策士 不動産開発での広範にわたる実績 WILFRED WONG SAYS HE’S BUSIER THAN EVER despite Grant Chum replacing him as Chief Operating Officer of Sands China. Wong remains Sands China’s President and boss on the ground in Macau for the Las Vegas Sands subsidiary that generated 59% of group EBITDA and 63% of net revenue last year. There’s still plenty of work to do to maintain Sands China’s leadership in Macau, and that mission is more crucial than ever right now. In the age of COVID-19, Macau is the market with the best chance of returning to normal fastest for LVS, given the slow recovery in Las Vegas and the importance of conventions there and at Marina Bay Sands in Singapore. The US$2.2 billion transformation of Sands Cotai Central to The Londoner as well as the conversion of the star crossed Four Seasons serviced apartments into 290 suites has continued throughout the COVID downturn. As customers return, Sands will begin rolling out more components of the reimagined property that includes 370 new suites at the St Regis Tower, also originally intended as serviced apartments, and revamping the previous Holiday Inn into the 600 suite Londoner Hotel plus additional MICE and retail space. Apart from the conversion, Sands has also upgraded gaming areas and created more suites at The Parisian, which has shown surprising appeal beyond its mid-market target. With all of the changes, Sands China will still have more than half the guest rooms in Cotai, though when SJM Holdings opens Grand Lisboa Palace, the Sands share will fall to 49%. It has even greater dominance in retail with nearly 2 million square feet (186,000 square meters), all of it interconnected in the heart of Cotai. The rooms, retail and trio of themed properties remain