{"id":26664,"date":"2022-01-27T07:17:41","date_gmt":"2022-01-27T10:17:41","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=26664"},"modified":"2026-04-23T11:53:04","modified_gmt":"2026-04-23T14:53:04","slug":"sands-china-posts-us245m-net-loss-for-q4","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/sands-china-posts-us245m-net-loss-for-q4","title":{"rendered":"Sands China posts US$245m net loss for Q4"},"content":{"rendered":"\n

Sands China has reported a net loss of US$245m for the last quarter of 2021, compared to a loss of US$423m in the previous quarter.<\/p>\n\n\n\n\n\n\n\n

Macau.- Sands China<\/strong> has shared its financial results for the fourth quarter of the year 2021, reporting a net loss of US$245m. For the third quarter of 2021<\/a>, the casino operator had reported a net loss of US$423m, an improvement on the US$562m loss recorded a year ago.<\/p>\n\n\n\n

Revenue for the fourth quarter was up 5.4 per cent to US$649m<\/strong>. However, the figure was down 3.9 per cent when compared to the prior-year period. Adjusted property EBITDA was US$74m, which compares to US$47m in 2020.<\/p>\n\n\n\n

In the mass market segment, the casino operator recorded a non-rolling table profit of US$431m<\/strong> in the fourth quarter, up from US$381m in the previous quarter. Slot machine revenue was US$39m<\/strong>, an improvement from US$33m in the previous quarter.<\/p>\n\n\n\n

Rolling volume in the VIP business was US$2.3bn, down from US$2.7bn recorded in the previous quarter. <\/p>\n\n\n\n

In full-year results, net revenues rose 70.4 per cent year-on-year<\/strong> to US$2.87bn while net loss was US$1.05bn, compared to US$1.52bn in 2020. Adjusted property EBITDA for 2021 stood at US$338m, compared to a negative figure of US$431m in 2020.<\/p>\n\n\n\n

Robert Goldstein<\/strong>, Las Vegas Sands\u2019 chairman and chief executive, said that the Covid-19 pandemic continued to affect revenues, mainly due to travel restrictions and the lack of visitors. However, he remains confident in the “eventual recovery of the city.”<\/p>\n\n\n\n

Marina Bay Sands<\/strong>, Las Vegas Sands property in Singapore, reported net revenues of US$368m for the fourth quarter. Adjusted property EBITDA stood at US$177m, up from US$15m in Q3 and up from US$144m in 2020.<\/p>\n\n\n\n

The Singapore Tourism Board (STB) has recently reported 30,000 foreign tourists arrived in Singapore in 2021<\/a>, generating tourism receipts of around S$1.9bn.<\/p>\n","protected":false},"excerpt":{"rendered":"

Sands China has reported a net loss of US$245m for the last quarter of 2021, compared to a loss of US$423m in the previous quarter.<\/p>\n","protected":false},"author":176,"featured_media":17661,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Sands China reported a Q4 2021 net loss of US$245m, an improvement from the prior quarter, with revenue reaching US$649m and adjusted property EBITDA at US$74m. Full-year 2021 saw net revenues increase to US$2.87bn, despite a US$1.05bn net loss, as operations in Macau and Singapore continued to be impacted by pandemic-related travel restrictions. The results highlight ongoing challenges in key gaming verticals and regional markets.","focusai_entities":"Sands China, Las Vegas Sands, Robert Goldstein, Singapore Tourism Board","focusai_location":"Macau, Singapore","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.8)","focusai_suggestions":[{"label":"Macau GGR Recovery?","query":"What is the projected timeline and key indicators for a sustained GGR recovery in Macau, particularly for the mass market segment, given ongoing travel restrictions?"},{"label":"VIP Segment Strategy?","query":"How is Sands China strategically adapting its VIP segment offerings and marketing efforts in response to the observed decline in rolling volume and evolving player demographics?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23906,21680],"class_list":["post-26664","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-macau-casinos","tag-sands-china"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=26664"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26664\/revisions"}],"predecessor-version":[{"id":26696,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26664\/revisions\/26696"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17661"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=26664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=26664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=26664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}