On October 23, 2024, Las Vegas Sands Corp. reported its financial results for the third quarter ending September 30, 2024. The company announced a net revenue of $2.68 billion and a net income of $353 million. The consolidated adjusted property EBITDA was reported at $991 million. Macao's adjusted property EBITDA stood at $585 million, while Marina Bay Sands' adjusted property EBITDA was $406 million. The company also highlighted the negative impact of low hold on rolling play in both Macao and Marina Bay Sands, which affected the adjusted property EBITDA by $2 million and $78 million, respectively. Additionally, Las Vegas Sands repurchased $450 million of common stock and authorized $2.0 billion for future stock repurchases. The Board of Directors announced an increase in the recurring common stock dividend for the 2025 calendar year...Show More

On October 23, 2024, Las Vegas Sands Corp. reported its financial results for the third quarter ending September 30, 2024. The company announced a net revenue of $2.68 billion and a net income of $353 million. The consolidated adjusted property EBITDA was reported at $991 million. Macao's adjusted property EBITDA stood at $585 million, while Marina Bay Sands' adjusted property EBITDA was $406 million. The company also highlighted the negative impact of low hold on rolling play in both Macao and Marina Bay Sands, which affected the adjusted property EBITDA by $2 million and $78 million, respectively. Additionally, Las Vegas Sands repurchased $450 million of common stock and authorized $2.0 billion for future stock repurchases. The Board of Directors announced an increase in the recurring common stock dividend for the 2025 calendar year, raising the annual dividend to $1.00 per share. Furthermore, the company acquired $44 million of SCL stock, increasing its ownership to 71.31%. The company's financial strength and cash flow continue to support investment and capital expenditure programs in Macao and Singapore, as well as the pursuit of growth opportunities in new markets. The company's total debt, excluding finance leases and financed purchases, was $13.88 billion as of September 30, 2024. Las Vegas Sands remains committed to delivering industry-leading growth and capitalizing on the recovery in travel and tourism spending.