Las Vegas Sands CEO Rob Goldstein has once again confirmed the company's interest in Thailand, responding to inquiries from investment bank analysts regarding the company’s 1Q24 results.

While Macau continues to dominate land-based gaming, Singapore is delivering some impressive figures, at least for Las Vegas Sands, who saw incredibly healthy results in the fourth quarter of last year. Meanwhile, Macau's junket sector continues its slow demise, as holders-on lose faith in a comeback. In South Korea, INSPIRE expects to announce its casino's opening date on Monday, after receiving its casino license from authorities.

Las Vegas Sands has decided to increase its shareholding in Sands China by purchasing some HK$1.95 billion ($249.56 million) in shares.

Miriam Adelson, the wife of late gaming mogul Sheldon Adelson, is offloading some 10 percent of her stock in Las Vegas Sands in order to purchase a sports franchise.

On Wednesday, Las Vegas Sands Corp.'s board approved its first share repurchase program since 2020.

Las Vegas Sands had its target price cut by stock analysts at Argus from $72 to $68, on potential challenges to profitability.

The Chairman and CEO of Las Vegas Sands says that “we’re certainly looking hard at Thailand”,  as the nation’s House of Representatives earlier in January approved a report proposal to set up an entertainment complex (complete with a casino) in the nation.

Las Vegas Sands posted a $158m loss as it reported financial results for 3Q22. In turn, Marina Bay Sands generated $343m EBITDA.

Las Vegas Sands 3Q22 EBITDA US$158 mn loss was broadly in line with estimates with Macau reopening still dependent on China's COVID policy, a note from Jefferies read. 

Las Vegas Sands announced a net loss of $290 million USD for the last three-month period to June 30. This was a significant increase on the $192 million USD loss reported during the same period in 2021.