Las Vegas Sands has announced a comprehensive overhaul at its flagship Venetian Macao property which will see all rooms renovated by Chinese New Year 2028.
Indeed, over the next two years, the operator is set to refurbish almost 3,000 rooms and also execute the installation of new premium gaming salons, alongside upgraded amenities for ‘high value’ players.
This latest initiative falls in the wake of additional refurbishment projects – namely at The Londoner Macao and the Grand Suites at Four Seasons – which Sands China President and CEO Grant Chum has said provide “very positive evidence of how these product upgrades can drive the revenue growth and market share gains.
“By the end of that, we’re going to have a completely new hotel in, I think, what is still an amazing property for people to visit, but with an entirely upgraded, refreshed product, both in hotel and also in parts of the premium gaming sections.”
Continuing, Chum outlined that Venetian Macao refurbishment works will be staggered to minimize disruption, and that benefits from renovations should become noticeable through 2027.
This latest update comes following the release of Las Vegas Sands’ Q2 2026 financial results, in which the operator reported $3.15bn of net gaming revenues, down 0.7% in comparison to results from the second quarter of 2025. Consolidated EBITDA also declined 16.1% year-over-year as net income dropped by 28.1% to $373m. Revenue at The Venetian Macao also declined 10.9% to $591m.
Analysts from Deloitte outline that Q2 represents Sands’ weakest quarter of the year due to seasonal factors, as the operator estimated that the lower hold reduced Macau adjusted property EBITDA by $87m.
In March, LV Sands also announced that construction on its $8bn Marina Bay Sands development had officially begun in Singapore, with Woh Hup selected to build the new 55-storey tower
