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Sands revenue rise by 7.5 pct y-o-y, EBITDA holds steady

Sands China saw its net revenue rise by 7.5 per cent year on year to US$1.9 billion (MOP15.2 billion) last quarter, with its adjusted property EBITDA up by over 2.7 per cent to US$601 million for the third quarter.

As per an earnings presentation from controlling shareholder Las Vegas Sands, gross gaming revenue in the Macau market climbed 12 per cent last quarter to US$7.7 billion – spurred by ‘premium segments;.

Third-quarter EBITDA margin held steady at 31.5 per cent sequentially, but was down by 1.5 percentage points compared with the third quarter of 2024. There was also a drop of 3.8 percentage points from 35.3 per cent in 2023’s third quarter.

Read more in Macau News Agency

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