Las Vegas Sands Soars on Signs Macau Gamblers Are Returning
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Las Vegas Sands Corp. rose the most since August after the company, the world’s largest casino operator, said October has been its strongest month since the coronavirus pandemic struck.
“October was the first time since January that we’ve seen significant real business volumes and patronage,” Grant Chum, chief operating officer of the company’s Sands China, said Wednesday on a call with investors following better-than-expected third-quarter results. “The patrons returning first to Macau are the high-quality, high-frequency customers.”