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Las Vegas Sands slips to $985m loss as COVID-19 hits Q2 results

23rd July 2020 9:47 am GMT

New York-listed casino resort operator Las Vegas Sands has reported a 97 per cent fall in net revenue to $98m for the second quarter of 2020, with casino revenue amounting to just $10m.

The government mandated casino closures to limit the spread of COVID-19 led to a 98 per cent year-on-year fall in Macao revenue to $47m, while revenue from Marina Bay Sands in Singapore fell by 97 per cent to $23m.

Las Vegas properties contributed [...]

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