sands china ltd. (hkex: 1928) is the leading developer, owner and operator of multi-use integrated resorts and casinos in macao. macao is the largest gaming market in the world as measured by casino gaming revenue and is the only location in china offering legalized casino gaming. venetian macau limited, our subsidiary, holds one of six concessions or subconcessions permitted by the macao government to operate casinos or gaming areas in macao. we own the venetian® macao, sands® macao, the plaza™ macao and sands® cotai central.