Sands China: Venetian and Parisian Margins Slide as Londoner Surges

Sands China: Venetian and Parisian margins slide as Londoner surges

The Venetian Macao saw its EBITDA margin down by 2.6 percentage points to 35.6 per cent in the second quarter this year from the same period in 2024, with adjusted property EBITDA down nearly 10 per cent to US$236 million (MOP1.9 billion). According to a recent filing from Sands China to Hong Kong’s stock exchange, the casino resort earned US$663 million in net revenues during that period, down over 3.35 per cent from the previous year. The reso…

Marina Bay Sands H1 revenue rises 17% to US$2.6 billion as travel spend in Asia expands

Net revenue for Marina Bay Sands (MBS) rose 17 per cent to US$2.6 billion in the first half of 2025, from US$2.2 billion for the same period in 2024.

The Londoner Macao shows benefits of multi-billion-dollar revamp as 2Q25 performance pushes Sands China revenues to US$1.79 billion

Sands China saw its net revenues grow by 2.5% year-on-year and 5.3% sequentially to US$1.79 billion in the three months to 30 June 2025, buoyed by significant growth at its recently renovated The Londoner Macao, according to information released by parent company Las Vegas Sands (LVS) on Thursday morning (Macau time). LVS also reported a record quarter at its Singapore integrated resort, Marina Bay Sands, following the completion of a multi-bill…