Home Capital Results

Las Vegas Sands profit surges on continuing Macau and Singapore

Bloomberg
Bloomberg1/25/2018 08:24 AM GMT+08  • 2 min read
Las Vegas Sands profit surges on continuing Macau and Singapore
LOS ANGELES (Jan 25): Las Vegas Sands Corp.’s big bet on Macau continues to pay off.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

LOS ANGELES (Jan 25): Las Vegas Sands Corp.’s big bet on Macau continues to pay off.

The world’s largest casino operator, which opened the US$2.9 billion Parisian in the Chinese enclave in 2016, reported sales and profit Wednesday that handily beat Wall Street estimates. Sands, based in Las Vegas, has invested more than any other operator in the only place in China where casino gambling is legal, and billionaire founder Sheldon Adelson is planning to spend an additional US$1.1 billion remodeling the Sands Cotai Central there.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now