Las Vegas Sands - Casino Boom in Macau and Singapore Drives Profit Surge!
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Business Drivers: The US company has exclusively focused on lucrative growth markets in Asia, such as Macau and Singapore, after selling its US business in 2021. In Macau, the company operates several large casino resorts through its subsidiary Sands China, including the Venetian, the Parisian, and Londoner Macao, generating around 65% of its total revenue from these operations. In Singapore, it is also a leading player in the premium segment with Marina Bay Sands. On October 23, Las Vegas Sands surprised with very strong Q3 figures. The adjusted...
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