JUE 25 DE DICIEMBRE DE 2025 - 12:22hs.
Positive performance in Macau and Singapore

Las Vegas Sands posts 62% jump in second quarter profit

Global casino operator Las Vegas Sands Corp reported a year-on-year increase of 61.9 % in net income in the second quarter of 2017 to US$ 638 million. the firm said that the quarterly results were driven by strong performance at its Macau and Singapore subsidiaries.

The group’s consolidated net revenue increased 18.6 % to US$3.14 billion, while group EBITDA increased 26.5 % year-on-year to US$1.21 billion.

"We are pleased to have delivered a strong set of financial results during the quarter, led by another quarter of growth in Macau and a record-setting performance in Singapore,” said Sheldon Adelson, the group’s chairman and chief executive, in a prepared statement.

According to the released results, Sands China was able to expand its revenues in the premium mass segment "by nearly 40 %” in the second quarter of 2017, while mass gaming revenues overall grew by 22.5 %.

"Strong mass revenue growth, coupled with higher hotel occupancy and growth in the VIP segment all contributed to a 23 % increase in our adjusted property EBITDA in Macau, which reached US$ 600 million in the quarter,” said Adelson.

Source: GMB / GGR Asia