Las Vegas Sands' Third-Quarter Net Income Dips 27 Percent as Chairman Calls Quarter Aberrational; 2027 Dividend Raised 20 Percent
MACAO — Las Vegas Sands Corp, the parent of Macao concessionaire Sands China Ltd, reported on October 22 that its third-quarter net income fell about 27 percent year on year. Chairman Patrick Dumont called the quarter 'aberrational', citing soft high-end play, while remaining upbeat on the outlook. The board also raised the 2027 dividend by 20 percent. Macao's gaming industry had a pressured third quarter overall, with industry-wide EBITDA previously expected to fall about 11 percent year on year, and attention on operators' customer mix and cost pressures.
Source: GSM · USA (original Chinese edition)
Photo: 澳门大三巴牌坊 / Ruins of St. Paul's, Macao。图片：© Mx. Granger / CC0，Wikimedia Commons
