Tuesday, March 28, 2023

Tag: Robert Goldstein

Sheldon Adelson: ‘I have never seen anything like it in over seventy years in business’

US Gaming Las Vegas Sands financial
The first major US gaming operator to report its Q1 results, Las Vegas Sands experienced a net loss of $51m for the quarter. Nevertheless, despite the uncertain economic panorama due to the coronavirus pandemic, the company’s management remains confident, highlighting the possibility of an Asia-led recovery and teasing M&A plans.

Las Vegas operators plan for reopening

Las Vegas strip
While debate continues over exactly when Nevada’s casino resorts will be able to open their doors once again, in the meantime, a number of major operators including Wynn, Sands, MGM and Caesars are in the process of putting in place new operating procedures and setting out social distancing measures.

Sands confident in Asia investment plans despite underwhelming Q3

Sands Asia investment plans Q3
Sands chairman and CEO Sheldon Adelson got back in the saddle for the firm’s Q3 earnings call which saw the company report a 4.3 percent decline in net..