Chum, previously served as the gaming operator’s Chief Operating Officer (COO) since February 2020. Since July 2022, he has simultaneously held the role of Executive Vice President of Asia Operations at Sands China’s parent company, Las Vegas Sands (LVS), with oversight of the group’s operations in Asia.
He first joined LVS as Senior Vice President of Global Gaming Strategy in July 2013. Goldstein, President and CEO of LVS, has now been appointed as Non-Executive Director of Sands China, and will continue to serve as Chairman of the Board and Chairman of the Nomination Committee.
Robert Goldstein has been CEO of Sands China since January 2021. Wilfred Wong, President since February 2020, has now been named Executive Vice President. Dave Sun, Senior Vice President and Chief Financial Officer (CFO) since 2017, has also been named Executive Vice President and will continue to serve as CFO.
The concessionaire announced, at the same time, that it had recorded US$654 million in net profits in the fourth quarter of 2023, indicating an expansion of 3.6 percent compared to the previous three-month period.
Total net revenues reached US$1.86 billion, up from US$1.78 billion in the third quarter, compared to the fourth quarter of 2022, when the company’s operations were significantly affected by the pandemic restrictions in Macau, net revenues had an increase of 323 percent.
Sands China’s total net revenue for the full year in 2023 increased 307 percent to US$6.53 billion, while net profit for the year was US$696 million, compared with a net loss of US$1.58 billion in 2022.
