Wednesday, April 25, 2012

Las Vegas Sands gets gaming boost as profits double

Marina Bay Sands

Casino operator Las Vegas Sands has said its profits in the first quarter doubled, boosted by a surge in gaming revenues in Singapore and the US.

Net profit was $498.9m (£309m) in the three months to the end of March, up from $228.2m last year.

Gaming revenues at its Marina Bay Sands resort in Singapore rose 51%, while in Las Vegas they jumped by 91%.

The firm's casinos in Macau, the world's biggest gambling market, also reported a jump in gaming revenues.



Source & Image : BBC

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