{"id":1879,"date":"2017-04-28T13:55:26","date_gmt":"2017-04-28T13:55:26","guid":{"rendered":"https:\/\/www.top10casinowebsites.net\/?p=1879"},"modified":"2017-04-28T13:55:26","modified_gmt":"2017-04-28T13:55:26","slug":"las-vegas-sands-revenue-boosted-by-macau-and-singapore-market-performance","status":"publish","type":"post","link":"https:\/\/www.top10casinowebsites.net\/news\/las-vegas-sands-revenue-boosted-by-macau-and-singapore-market-performance\/","title":{"rendered":"LVS Revenue Boosted By Macau & Singapore Market Performance"},"content":{"rendered":"

\"\"Las Vegas Sands Corp<\/a>\u00a0has registered a sharp increase in its net income for the first quarter of 2017 on the back of its Macau and Singapore subsidiaries posting strong growth. Sands announced its results earlier this week which showed its net income to be up by 41.3 percent in the first quarter, hitting $578 million while revenue was up 14.3 percent to $3.11 billion. <\/p>\n

Speaking at an analysts\u2019 conference call, Las Vegas Sands chairman and chief executive, Sheldon Adelson<\/a>, said that the company had experienced growth in both the key markets of Las Vegas and Macau.<\/p>\n

In a statement, Sheldon Adelson said, <\/p>\n

During the quarter, we again generated strong cash flow across all of our operations, with solid growth both in Macau and Las Vegas. After a challenging period, the Macau market is growing again, and its growth rate has been accelerating for three consecutive quarters. Our Macau operation is experiencing strong growth in both our mass gaming and non-gaming segments.<\/p><\/blockquote>\n

He observed that the opening of Parisian Macao<\/strong> in September last year had helped boost visitations by over 30 percent across its properties and also helped increase hotel occupancy levels by 440 basis points. Parisian Macao<\/a> is a French-themed integrated resort located in the Cotai region of Macau featuring a life-size replica of Eiffel Tower.<\/p>\n

Parisian Macao<\/strong><\/p>\n