Las Vegas Sands Profit Misses Estimates as Macau Slows
This article is for subscribers only.
Las Vegas Sands Corp., the world’s largest casino operator, reported second-quarter sales and profit that missed analysts’ forecasts, as gambling revenue slowed in Macau, the world’s No. 1 market.
Net income rose 27 percent to $671.4 million, or 83 cents a share, from $529.8 million, or 64 cents, a year earlier, Las Vegas-based Sands said in a statement yesterday.