Las Vegas Sands plans $8 bln investment in Singapore; shares rise

Las Vegas Sands

25/10/2024 15:29

** Shares of casino operator Las Vegas Sands  LVS.N  up 2%
at $54    
    ** Co set to invest $8 bln in Singapore to expand its Marina
Bay Sands resort
    ** "It's going to be a very important globally significant
asset for tourism," says LVS Chief Operating Officer Patrick
Dumont
    ** Company missed Q3 analysts' expectations on Wednesday due
to renovation at its Londoner casino in Macao and
lower-than-expected per table income in Singapore
    ** Up to last close, stock up 9% YTD

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