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Sands China Renews Shared Services Agreement With Las Vegas Sands

Sands China Ltd. has renewed its Shared Services Agreement with Las Vegas Sands Corp., effective from 2026 after the current agreement expires on December 31, 2025. The renewed agreement is on normal commercial terms and considered fair and reasonable by the board. Relevant directors abstained from voting due to their positions with LVS.

Reuters·
HK
01928
-0.29%
US
SCHYY
+0.90%
Reuters·
HK
01928
-0.29%
US
SCHYY
+0.90%

Sands China Renews Trademark License Deal With Las Vegas Sands Through 2028

Sands China has renewed its trademark license deal with Las Vegas Sands, allowing continued use of LVS-owned trademarks for casino and resort operations in Greater China and global marketing until 2028. The agreement includes a 1.5% annual royalty on gross revenue, classified as a continuing connected transaction under Hong Kong listing rules. Sands China's stock has a Buy rating with a HK$24.50 price target.

Tip Ranks·
US
LVS
-1.06%
HK
01928
-0.29%
US
SCHYY
+0.90%
Tip Ranks·
US
LVS
-1.06%
HK
01928
-0.29%
US
SCHYY
+0.90%

In "Hong Kong House," He Youlong sold the mansion at 37 Island Road for HKD 437 million, making only HKD 2 million after holding the property for 14 years

Melco International Chairman Ho Yau Lung sold the villa at 37 Island Road, Deep Water Bay for HKD 437 million, earning only HKD 2 million after holding it for 14 years. The buyer is either She Yingjie, the founder of Shiyun Circuit, or related individuals

AASTOCKS·
HK
00200
+1.56%
AASTOCKS·
HK
00200
+1.56%

MGM RESORTS INTERNATIONAL ANNOUNCES NEW LONG TERM BRANDING AGREEMENT WITH MGM CHINA | MGM Stock News

MGM Resorts International has announced a new long-term branding agreement with MGM China, effective January 1, 2026. The agreement extends the use of the "MGM" name through the 2032 concession term, with automatic extension if a further concession is granted. The new monthly license fee increases from 1.75% to 3.5% of MGM China's adjusted consolidated net monthly revenues. This agreement secures MGM China's market share and profitability, eliminating the need for renegotiation every three years.

StockTitan·
US
MGM
-1.54%
StockTitan·
US
MGM
-1.54%

MGM China Renews Long-Term MGM Branding Deal Under HKEX Connected Transaction Rules

MGM China Holdings has signed a new Long Term Branding Agreement effective from 1 January 2026 for up to 20 years, replacing the existing agreement expiring on 31 December 2025. The agreement includes annual caps and complies with HKEX connected transaction rules, exempting it from independent shareholders' approval. An independent financial adviser confirmed the duration aligns with normal business practices. The latest analyst rating for MGM China Holdings stock is a Buy with a HK$18.50 price target.

Tip Ranks·
HK
02282
-2.56%
Tip Ranks·
HK
02282
-2.56%
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$Wynn Resorts(WYNN.US) back over all major ma's daily. Still own it here.

Source: Sunrise Trader

$Wynn Resorts(WYNN.US) ex-divy today 0.25. Still own let it rides here

Source: Sunrise Trader

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