Las Vegas Sands‘ recovery from the Covid-19 pandemic is gaining steam, and Asia is a big reason why.
The world’s largest casino company on Wednesday announced it pulled in $1.12 billion in third-quarter adjusted property EBITDA, a crucial measure of profitability in the gambling industry. That’s nearing pre-pandemic levels, off just 6% from the same period in 2019.
Las Vegas Sands announced earnings of 55 cents per share on revenue of $2.8 billion. Earnings were in line with expectations, while revenue slightly topped estimates, based on a survey of analysts by LSEG, formerly known as Refinitiv.
In Singapore, Marina Bay Sands is posting numbers that have s…
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