Singapore, Macau Premium Mass Driving Las Vegas Sands' Recovery

  • Q2's consolidated net loss reduced by $250m to $565m
  • Marina Bay Sands reports profitability despite travel bans
  • Macau premium mass brightens October performance

Las Vegas Sands suffered a pandemic-driven net loss of more than half a billion dollars in the third quarter, but profitable Singapore operations and punchy premium mass in Macau bode well for positive EBITDA by year’s end.

The world’s largest casino operator reported a year-on-year consolidated net loss of $565m for the third quarter, down from a $533m profit from the same quarter last year.

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