The operator said revenue was $586 million, missing analysts’ projection by $65.84 million. That’s an 82 percent year-over-year drop in sales.
The Las Vegas Sands is the largest US gaming company by market capitalization. Adjusted property earnings before interest, taxes, depreciation and amortization (EBITDA) of -$203 million was far better than the consensus estimate of -$294.7 million. Despite another challenging quarter, an extension of the havoc wrought on the global gaming industry by the coronavirus pandemic, […]