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Daily Asia Gaming eBrief: Las Vegas Sands dominates in 4Q23

Good Morning. 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.

What you need to know


On the radar


AGB Intelligence

RESULTS

Las Vegas Sands, the Venetian-palazzo

Heady results for Las Vegas Sands in 4Q23

Las Vegas Sands saw an impressive end to 2023, with the fourth quarter results detailing some $1.2 billion in EBITDA, as Marina Bay Sands contributed a record quarter. Continual growth was seen in Macau, particularly in mass, while Singapore operations brought in strong VIP play. The group has high hopes for the future, justifying its multi-billion dollar investments, while aiming to crack the US market again.


Corporate Spotlight

1xBet sums up 2023: Innovations, awards, partners and winnings

1xBet, 2023, innovation, awards, partnerships

1xBet is writing a success story with you and is happy to share its achievements in 2023. During 2023, 1xBet extended sponsorship agreements with world-famous sports clubs, cooperated with new partners and ambassadors, collected awards, and paid millions of dollars in winnings!


Industry Updates


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AGBrief Editorial
AGBrief Editorialhttps://agbrief.com/about-asia-gaming-brief/
The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

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