{"id":15672,"date":"2015-03-09T10:44:55","date_gmt":"2015-03-09T18:44:55","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=15672"},"modified":"2015-03-09T10:44:55","modified_gmt":"2015-03-09T18:44:55","slug":"belt-tightening-in-macao-adelson-gets-his-wrist-slapped","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/belt-tightening-in-macao-adelson-gets-his-wrist-slapped\/","title":{"rendered":"Belt-tightening in Macao; Adelson gets his wrist slapped"},"content":{"rendered":"

Given the steep plunge in casino revenues over the past eight months, Macao<\/strong> casino operators are talking about taking cost-saving measures<\/a>. Although its mass-market focus \"Sands_296096340\"<\/a>shelters it from the worst of the downturn, Sands China<\/strong> is mulling cuts in its entertainment and marketing budgets.\u00a0\u201cWe\u2019re not looking to take it apart, the whole structure, but reexamine where those opportunities to run it cleaner and better,\u201d said Las Vegas Sands<\/strong> President Rob Goldstein<\/strong>, adding that the company’s shopping mall is actually performing better than ever.<\/p>\n

Over at Wynn Macau<\/strong>, even more stringent measures are allegedly being promoted. The company is supposedly urging its employees to take unpaid leave. When this reached the ears of\u00a0Secretary for Economy and Finance Lionel Leong<\/strong>, he responded that the casino should be offering additional, paid training instead.<\/p>\n

* Sands China, meanwhile, got spanked in Clark County District Court<\/strong>, which ordered it to cease withholding certain documents in the Steven Jacobs<\/strong> wrongful-termination case. To make sure the message across, Judge Elizabeth Gonzalez<\/strong> levied a $250,000 (payable to local legal charities) and pay Jacobs’ court costs<\/a>. Sands plans to appeal. Sands China’s\u00a0\u201congoing noncompliance is incompatible with and undermines the search for truth,\u201d wrote Gonzalez, who added,\u00a0\u201cOne of the principal sanctions this court imposed for the mis\u00adrepresentations and lack of candor continues to be ignored by SCL.\u201d As for nine hearings that were held over the Macao Personal Data Protection Act<\/strong>,” Gonzalez dubbed them “needless.”<\/p>\n

* Parimutuel horse racing put a hoof forward in Georgia<\/strong> last week. The Legislature’s\u00a0Senate Regulated Industries Committee<\/strong> voted overwhelmingly to send onward\u00a0Senate Resolution 135<\/strong>. The bill would put the onus of legalizing horse racing on the voters, not the Lege, so it gives politicians some cover for accusation of ‘expanding gambling.’ Reckoning that the preponderance of wagers will come from out of state, as is the case in Florida<\/strong>, lawmakers hope to raise $25 million for education.<\/p>\n

\"horse\"<\/a>Even though it did well in committee, the bill is no sure thing in the full Senate.\u00a0\u201cI don\u2019t know that it has the support of the Senate. There\u2019s just a tremendous social cost that comes with it,\u201d said state Sen. William Ligon<\/strong> (R), sounding a familiar note. The Georgia Baptist Convention<\/strong> added its two cents,\u00a0\u201cIt plays upon the weakest in society, the people who can least afford it.\u00a0We think it\u2019s a bad thing when people promise a vice like this in the name of children,\u201d complained a lobbyist.<\/p>\n

Replied\u00a0Georgia Horse Racing Coalition<\/strong> President Dean Reeves<\/strong>, \u201cPeople that are against the horse racing say that they will lead to casinos, and that\u2019s just not true.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Given the steep plunge in casino revenues over the past eight months, Macao casino operators are talking about taking cost-saving measures. Although its mass-market focus shelters it from the worst of the downturn, Sands China is mulling cuts in its … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[26,36,152,67,62,33,12,32],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/15672"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/comments?post=15672"}],"version-history":[{"count":1,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/15672\/revisions"}],"predecessor-version":[{"id":15673,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/15672\/revisions\/15673"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=15672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=15672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=15672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}