{"id":777007416,"date":"2023-07-19T06:55:52","date_gmt":"2023-07-19T09:55:52","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777007416"},"modified":"2026-04-22T19:53:52","modified_gmt":"2026-04-22T22:53:52","slug":"las-vegas-sands-to-report-strong-q2-results-analysts-say","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/las-vegas-sands-to-report-strong-q2-results-analysts-say","title":{"rendered":"Las Vegas Sands to report strong Q2 results, analysts say"},"content":{"rendered":"\n<p>Analysts predict Las Vegas Sands&#8217; second-quarter revenue to reach US$2.39bn.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- Analysts at Trefis are forecasting that\u00a0Las Vegas Sands could post revenue of US$2.39bn for the second quarter of the year. They highlighted the recovery in Sands&#8217; Macau operations post-pandemic, driven by pent-up demand in the mass market segment, although they also saw signs of improvement in the VIP segment.<\/p>\n\n\n\n<p>The positive outlook extends to Sands&#8217; Singapore property, Marina Bay Sands, which is expected to have performed well with the increase in tourist inflow in recent months.\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/marina-bay-sands-sees-112-rise-in-revenue-for-q1\" target=\"_blank\">The casino venue<\/a>\u00a0reported that adjusted property EBITDA rose\u00a0<strong>from US$121m to US$394m year-on-year\u00a0<\/strong>in the first quarter of the year.\u00a0<\/p>\n\n\n\n<p><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/sands-china-hotels-operating-at-90-capacity-during-labour-day-holiday\" target=\"_blank\">Labour shortages<\/a> had caused the company to keep one-third of its rooms closed during the first quarter of 2023. However, analysts said that the situation is likely to have improved in the second quarter.\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/sands-china-posts-net-revenue-of-us1-28bn-for-q1\" target=\"_blank\">Sands China<\/a>\u00a0posted net revenue of US$1.28bn for the first quarter, up 132 per cent when compared to last year. Its net loss was US$10m, down from US$336m in the prior-year period.<\/p>\n\n\n\n<p><strong>See also:&nbsp;<\/strong><a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/singapore-visitors-up-13-7-in-q1\" rel=\"noreferrer noopener\">Singapore visitors up 13.7% in Q1<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Analysts predict Las Vegas Sands&#8217; second-quarter revenue to reach US$2.39bn.<\/p>\n","protected":false},"author":176,"featured_media":27875,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Analysts project Las Vegas Sands' second-quarter revenue to reach US$2.39bn, driven by robust recovery in Macau's mass market and VIP segments, alongside strong performance from Marina Bay Sands in Singapore due to increased tourism. Operational improvements, including the resolution of prior labor shortages, are contributing to the positive outlook and significant year-on-year adjusted property EBITDA growth.","focusai_entities":"Las Vegas Sands, Trefis, Sands China, Marina Bay Sands","focusai_location":"Macau, Singapore","focusai_target_profile":"ceo_executive (1.0), operator_casino (0.9), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau Mass Market Growth","query":"What specific initiatives or market dynamics are driving the accelerated recovery in Las Vegas Sands' Macau mass market segment, and how sustainable is this growth trajectory given regional competitive pressures?"},{"label":"Operational Efficiency Impact","query":"Beyond labor shortage resolution, what other operational efficiencies or cost management strategies are contributing to the significant year-on-year adjusted property EBITDA increase at Marina Bay Sands?"}],"footnotes":""},"categories":[157,16338],"tags":[1642,21680],"class_list":["post-777007416","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-las-vegas-sands","tag-sands-china"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007416","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=777007416"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007416\/revisions"}],"predecessor-version":[{"id":777007434,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007416\/revisions\/777007434"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/27875"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777007416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777007416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777007416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}