Casino operator Las Vegas Sands quarterly profit, revenue slip on weak Macau business

Las Vegas Sands

22/07/2026 21:59

    July 22 (Reuters) - Casino operator Las Vegas Sands  LVS.N 
reported a decline in second-quarter profit and revenue on
Wednesday, as unusually low hold in rolling play in its Macau
operations countered growth in gaming volumes.
    Gambling revenue from Macau fell in June as bettors shifted
spending to the FIFA World Cup, while weakness in
cryptocurrencies and tighter controls on capital flows added
further pressure.
    
    Here are some details:
    * Shares of the Nevada-based company fell about 6% in
extended trading.
    * The company operates integrated resorts and casinos such
as Marina Bay Sands in Singapore and six properties in Macau,
including the Venetian Macau.
    * Total revenue from its Macau operations marginally fell
from a year earlier to $1.79 billion.
    * The company reported quarterly profit of $373 million, or
53 cents per share, compared with $519 million, or 66 cents per
share, a year ago.
    * Total quarterly revenue fell 0.7% to $3.15 billion.


 (Reporting by Anshuman Tripathy in Bengaluru; Editing by Shilpi
Majumdar)
 ((Anshuman.Tripathy@thomsonreuters.com;))