Is the Eiffel Tower in Macao real?

No. The Parisian Macao features a half-scale replica of the Eiffel Tower, standing about 160 meters. It includes an observation deck open to paying visitors and a restaurant, and it is the resort's signature landmark.

When did The Parisian Macao open?

The Parisian Macao opened on September 13, 2016, at a construction cost of approximately $2.7 billion. It was Sands China's third major resort on the Cotai Strip.

How many rooms does The Parisian Macao have?

The resort has approximately 2,500 hotel rooms and suites. It also includes a casino, a retail mall styled as a Parisian streetscape, meeting space, and the Eiffel Tower attraction.

Travel & Hospitality

Who Owns The Parisian Macao?

Q: Who owns The Parisian Macao?

The Parisian Macao is owned and operated by Sands China Ltd., approximately 74.8% owned by Las Vegas Sands Corp. Sands China trades on the Hong Kong Stock Exchange under ticker 1928 and the parent trades on the NYSE under LVS.

Q: Is The Parisian Macao publicly traded?

The resort itself is not listed. Exposure comes through Sands China Ltd. on the Hong Kong Stock Exchange under ticker 1928, or the ultimate parent Las Vegas Sands Corp. on the NYSE under ticker LVS.

The Parisian Macao is operated by Sands China Ltd. (HKEX: 1928), the Hong Kong-listed subsidiary of Las Vegas Sands Corp. (NYSE: LVS), which owns approximately 74.8% of it. Opened in September 2016 at a cost of roughly $2.7 billion, the French-themed resort features a half-scale Eiffel Tower replica and about 2,500 rooms. Net revenue was $872 million in FY2025, down 10.4% year over year.

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Parent Company

Las Vegas Sands Corp.

Founded

2016

Status

Publicly Traded

Headquarters

Macao SAR, China

The Parisian Macao Timeline

1988

Las Vegas Sands Corp.

Parent company established in Las Vegas, Nevada, USA

Company Founded

2016

The Parisian Macao

Founded by Sheldon Adelson

Founded

premiumpremiumAsia PacificOfficial Website

Who Owns The Parisian Macao?

Parent Company: Las Vegas Sands Corp.
Ownership Type: Subsidiary
Company Type: Publicly Traded
Stock Ticker: NYSE: LVS

Brand	Parent Company	Ownership Type
The Parisian Macao	Las Vegas Sands Corp.	Subsidiary

History of The Parisian Macao

Founded: 2016
Founders: Sheldon Adelson

The Parisian Macao opened on September 13, 2016, as the third major Sands China resort on the Cotai Strip, following The Venetian Macao and the property now known as The Londoner. It cost approximately $2.7 billion to build and continued Sheldon Adelson's strategy of themed destination resorts modeled on European landmarks.

Its defining feature is a half-scale replica of the Eiffel Tower, about 160 meters tall, anchored to the front of the resort and offering an observation deck with views across Cotai. The tower has become one of the most photographed structures in Macao and anchors the resort's Paris-themed streetscapes, boutiques, and restaurants.

The opening came at a difficult moment. Macao was emerging from a deep downturn caused by China's anti-corruption campaign, which had gutted the junket VIP business, and new resorts were flooding Cotai at the same time. The Parisian absorbed slower initial results than earlier Sands openings and eventually settled into a role as the portfolio's mid-to-premium family and leisure property rather than a top-tier gaming destination.

Under the 2023-2032 concession regime, which pushes operators toward non-gaming attractions, the resort's tourism-oriented design has become more valuable strategically even as its financial results lag sisters. FY2025 net revenue of $872 million declined 10.4%, reflecting both competitive pressure on Cotai and the Londoner Macao's success pulling premium customers within the same portfolio.

About Las Vegas Sands Corp.

What does Las Vegas Sands own?

Las Vegas Sands owns Marina Bay Sands in Singapore outright and holds approximately 74.8% of Sands China Ltd., which operates The Venetian Macao, The Londoner Macao, The Parisian Macao, The Plaza and Four Seasons Macao, and Sands Macao. It sold its Las Vegas properties in 2022 and now operates entirely in Asia.

Is Las Vegas Sands publicly traded?

Yes. The company trades on the New York Stock Exchange under the ticker LVS and is a member of the S&P 500. Its Macao subsidiary, Sands China Ltd., separately trades on the Hong Kong Stock Exchange under ticker 1928.

Who owns Las Vegas Sands?

The public owns all outstanding shares, but the Adelson family is the dominant shareholder group. Dr. Miriam Adelson, widow of founder Sheldon Adelson, and family trusts hold roughly half of the common stock. Chairman and CEO Patrick Dumont is Adelson's son-in-law.

Who founded Las Vegas Sands?

Sheldon Adelson founded the company in 1988 after purchasing the Sands Hotel in Las Vegas, using wealth from his COMDEX trade show business. He built The Venetian, expanded into Macao and Singapore, and led the company until his death in January 2021.

Where is Las Vegas Sands headquartered?

The company is headquartered in Las Vegas, Nevada, USA. Despite the name and headquarters location, it owns no Las Vegas casino properties, having sold The Venetian and Palazzo resorts in 2022.

Why did Las Vegas Sands sell its Las Vegas casinos?

The company sold The Venetian, The Palazzo, and Sands Expo to VICI Properties and Apollo Global Management for $6.25 billion in 2022. Management concluded that growth and returns in Macao and Singapore exceeded what the Las Vegas assets could deliver, and redirected the capital toward Asian expansion and shareholder returns.

Founded: 1988
Headquarters: Las Vegas, Nevada, USA
Company Type: Publicly Traded
Stock: NYSE: LVS
Revenue: $13.02 billion (FY2025)
Employees: Approximately 40,000

Visit Las Vegas Sands Corp. website

View full company profile for Las Vegas Sands Corp.

Where Is The Parisian Macao Made / Based?

Headquarters: Macao SAR, China

The Parisian Macao Categories & Tags

Casino Resort Macao Eiffel Tower Integrated Resort

The Parisian Macao Recalls & Controversies

The Parisian has no major independent controversy on record. Its operating history under Sands China shares the parent's regulatory context: the FCPA settlement Las Vegas Sands reached with the SEC in 2016, the long-running Steven Jacobs litigation resolved in 2018, and the compliance obligations of the 2023-2032 Macao concession.

During construction of the resort, the project was one of several Cotai developments that drew scrutiny over labor practices and construction-site conditions common to the territory's building boom, though no singular sanction attached to the Parisian name.

The Parisian Macao Ownership: Pros & Cons

Advantages

+Iconic Eiffel Tower replica drives tourism and foot traffic
+Connected to the five-resort Cotai cluster sharing guests and loyalty
+Approximately 2,500 rooms supports group and leisure demand
+Themed design fits the concession's non-gaming investment mandate
+Backed by the portfolio's shared marketing and convention scale

Considerations

-FY2025 revenue fell 10.4%, the weakest trajectory in the cluster
-Premium customers migrating to Londoner within the same portfolio
-Positioned in the price-sensitive band of Cotai demand
-Concession obligations impose heavy group-level capital spending
-Theming and room stock will require reinvestment over time

Frequently Asked Questions About The Parisian Macao

Sources & Further Reading

Competitors to The Parisian Macao

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

Brand	Parent Company	Country	Founded	Market Position	Primary Market	Gender Target
The Londoner MacaoSister Brand	Las Vegas Sands	China	2012	Luxury	Asia pacific	All Genders
The Venetian MacaoSister Brand	Las Vegas Sands	China	2007	Premium	Asia pacific	All Genders
Marina Bay SandsSister Brand	Las Vegas Sands	Singapore	2010	Luxury	Asia pacific	All Genders
Sands MacaoSister Brand	Las Vegas Sands	China	2004	Premium	Asia pacific	All Genders
Bellagio	Mgm Resorts	USA	1998	Premium	United states	All Genders
Caesars Palace	Caesars Entertainment	USA	1966	Luxury	United states	All Genders