Welcome to our dedicated page for Las Vegas Snds news (Ticker: LVS), a resource for investors and traders seeking the latest updates and insights on Las Vegas Snds stock.
Las Vegas Sands Corp. (NYSE: LVS), a global leader in integrated resort development, maintains this dedicated news hub for investors and industry observers. Access official press releases, financial updates, and strategic announcements from the company behind iconic properties like Marina Bay Sands and The Venetian Macao.
This resource provides centralized access to critical updates including earnings reports, property expansions, sustainability initiatives, and market developments across LVS's global operations. Monitor operational milestones in gaming, hospitality, and convention sectors while staying informed about Asia-Pacific market strategies.
All content is sourced directly from company communications and verified financial channels, ensuring reliability for investment research and market analysis. Bookmark this page for streamlined tracking of LVS's performance in luxury resort operations and corporate developments.
Las Vegas Sands Corp. (LVS) reported a significant financial recovery for the quarter ending March 31, 2023, fueled by a resurgence in travel and tourism spending in both Macao and Singapore. Adjusted property EBITDA reached $792 million, with net revenue soaring to $2.12 billion, a stark contrast to $943 million in the prior year. Notably, Marina Bay Sands achieved mass gaming revenue of $549 million, while Macao's mass gaming revenue surpassed $1 billion for the first time since 2019. However, the company reported an interest expense of $218 million, up from $156 million a year ago. As of March 31, 2023, unrestricted cash stood at $6.53 billion and total debt was $15.97 billion.
Las Vegas Sands (NYSE: LVS) is set to announce its first-quarter 2023 financial results on April 19, 2023, after market close. The company will follow this with a conference call at approximately 1:30 p.m. Pacific Time to discuss these results. Investors can access a live webcast of the call through their investor relations page at www.investor.sands.com.
Las Vegas Sands is renowned for developing and operating integrated resorts, benefiting tourism and local economies. Its diverse portfolio includes significant properties like Marina Bay Sands in Singapore and several resorts in Macao, China.
FAQ
What is the current stock price of Las Vegas Snds (LVS)?
What is the market cap of Las Vegas Snds (LVS)?
