Summary Box: Las Vegas Sands 3Q

AP News
Posted: Oct 27, 2010 7:10 PM
Summary Box: Las Vegas Sands 3Q

RECORD REVENUE: Casino operator Las Vegas Sands Corp. said Wednesday that it took in $1.91 billion in revenue worldwide, more than half in China and just 15 percent in Las Vegas.

RECOVERY AT HOME: Gambling in Las Vegas is starting to come back, and the company run by billionaire Sheldon Adelson earned $168 million, compared with a loss of $123 million a year earlier. Excluding one-time items, the results easily topped analyst forecasts.

ASIA BOUND: Adelson championed a 28 percent revenue increase in China's Macau enclave: "Simply put, our business overall has never been healthier," he said.