Las Vegas Sands Sees Strong Earnings Surge Driven by Macao and Singapore Growth
Thursday 23 de October 2025 / 12:00
⏱ 1 min read
(Macau).- Las Vegas Sands posted a quarterly profit of $419 million, translating to 61 cents per share—up from $275 million, or 38 cents per share, during the same period last year, reflecting the success of its strategic investments in Asia.
Las Vegas Sands increase; green up pointing triangle posted higher profit and sales in the third quarter, with the company citing recently completed investments in Macao and Singapore as paying off.
The operator of casinos and resorts on Wednesday reported a profit of $419 million, or 61 cents a share, compared with $275 million, or 38 cents, in the same quarter a year earlier.
Adjusted earnings were 78 cents a share. Analysts polled by FactSet expected 62 cents a share.
Revenue rose 24.2% to $3.33 billion, ahead of analyst estimates for $3.05 billion. Casino revenue rose to $2.51 billion from $1.94 billion while room revenue jumped to $374 million from $314 million.
“We remain enthusiastic about our growth opportunities in both Macao and Singapore as we realize the benefits of our recently completed capital investment programs,” Chief Executive Robert Goldstein said.
The company is also boosting its existing buyback program and raising its annual dividend by 20%.
The company’s board on Tuesday approved increasing its remaining share repurchase amount to $2 billion, an authorization that extends to Nov. 3, 2027.
Meanwhile, its quarterly dividend is going up to 30 cents a share from 25 cents a share for 2026.
The new payout, equal to $1.20 a year, represents an annual yield of about 2.6%, based on Wednesday’s closing price of $50.62.
Categoría:Casino
Tags: Sin tags
País: Macao
Región: Asia
Event
SiGMA North America 2026
01 de September 2026
LatAm Regulators Discussed Illegal Gambling and Innovation at SiGMA North America
(Mexico City, SoloAzar Exclusive).- The panel "The Red Pen Forum: Regulators Respond to the Industry," held during SiGMA North America 2026, brought together representatives from Uruguay, Argentina, Puerto Rico, and Honduras to analyze regulatory challenges, digital transformation, illegal gambling, and the need to adapt lotteries for new generations. The conference was moderated by Rodrigo Cigliutti, Executive Director of CIBELAE (Ibero-American Corporation of State Lotteries and Betting), and featured the participation of Marcelo Visconti, National Director of Lotteries and Quinielas of Uruguay; Carlos Moyano, President of IAFAS Entre Ríos, Argentina; Heidi Hernández Olivo, Deputy Secretary of the Puerto Rico Lottery; and Lissa Mencía, General Director of Lottery Operations and Games at Loto Honduras.
Monday 28 Sep 2026 / 12:00
SiGMA North America Addressed Crisis Management in iGaming
(Mexico, SoloAzar Exclusive).- During SiGMA North America 2026, Rosa Ochoa, founder of the Blue Global Gaming platform and strategic advisor for gaming operators; Iliana María Pineda Echeverri, Chief Legal & Compliance Officer at Wplay.co; Iraid Rosales, Country Manager Mexico at Amusnet; and Elizabeth Maya Cano, Executive President of CORNAZAR, analyzed the key factors in managing crisis situations within the iGaming industry, with a special focus on transparency, communication, technology, and preparation.
Friday 25 Sep 2026 / 12:00
Affiliates and Acquisition: Keys to Regulated Markets in North America
(Mexico City, SoloAzar Exclusive).- During SiGMA North America 2026, Cristopher Guzmán Reyes, Head of Affiliates at Logrand Entertainment Group; Guga Júnior, influencer and slots expert at Scalar Partners; Andrés Gómez, Head of Latin America Go-to-Market Strategy at Admattic; Yambot Aguilera, Gaming and Finance Sales Director at Google; and Paula Gabriel Jiménez, Advertising Client Growth Director for Microsoft at Aleph, analyzed the state and provincial affiliate ecosystem in North America, as well as the acquisition challenges in regulated markets.
Thursday 24 Sep 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
