New York-listed casino operator Las Vegas Sands has reported a 51 per cent decline in net revenue to $1.78bn for the first quarter of 2020, as the coronavirus pandemic impacted results in Las Vegas, Singapore and Macao.
Following Covid-19 related casino shutdowns in February, net revenue from the company’s operations in Macao decreased by 65 per cent year-on-year to $814m in Q1. Net revenue from Marina Bay Sands in Singapore fell by 20 per cent to [...]