This story was published more than 2 years ago.
Land casino giant Las Vegas Sands has announced their second quarter financial results, revealing that earnings fell short of expectations for investors.
Key financial indicators for the second quarter ending June 30th, 2018 were:
Company CEO Sheldon Adelson spoke about the results noting: "We experienced strong growth in both the VIP and mass table games segments, enabling us to grow our market share of gaming revenue both year-over-year and sequentially. Our Macao operations are back to generating an annualized EBITDA run rate of $3 billion. Marina Bay Sands continue to produce strong cash flows, while Las Vegas has another strong quarter on a hold-normalized basis."