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Las Vegas Sands widens Q3 profit despite Macao market decline

16th October 2014 11:21 am GMT

Casino giant Las Vegas Sands Corporation (LVS) has reported net revenue of $3.5bn for the third quarter of 2014, of which more than 85 per cent was generated from its operations in Asia.

Revenue fell by 1 per cent compared to the same period last year, which LVS chairman and CEO Sheldon Adelson attributed to the “challenging” operating environment in Macau, where overall monthly gaming revenue has fallen for four consecutive months.“We remain focused on [...]

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