Strong Q3 results for Las Vegas Sands and what that means for other casino operators with a footprint in Asia
Las Vegas Sands (LVS), the world’s leading developer and operator of convention-based integrated resorts, released its Q3 results for the quarter ending on September 30th, 2023. After completing the sale of its Vegas properties including The Venetian, Palazza, and Venetian Expo for $6.25bn in 2022, the Group’s focus is solely on Macau and Singapore properties. Their quarterly results are therefore a good indicator of the direction of the Asian gaming market and a bellwether for Casino operators with a footprint in Asia. If you want to get an overview of the key figures without having to go through the full results announcement, read on!