Sands China Misses Forecast on China Slowdown, Rival CasinosBy
Macau casino operator's first quarter profit fell 2.5 percent
CEO Adelson sees downturn as temporary, confident of Parisian
Sands China Ltd., the Macau-based casino unit of Las Vegas Sands Corp., reported first-quarter profit missed analysts’ estimates as China’s economic slowdown hurt visitor spending, even as its billionaire chairman Sheldon Adelson saw future improvement from mass market gamblers and tourists.
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