Venetian Handed Tax Gift Amid Resignation Crisis

As the year’s biggest Asian gaming expo gets underway in Macau today, the SAR’s beleaguered government is coming under increasing pressure to explain contradictory behaviour towards Las Vegas Sands. The owner of the Venetian Macau, already in breach of licensing conditions following the resignation of its MD, was yesterday handed a tax exemption renewal significantly ahead of schedule.With many of the gaming industry’s luminaries gathered at the Venetian Macau for this week’s G2E Asia event the drama surrounding one of Macau’s most prominent licensees is being played out under more intense scrutiny than usual.

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