2023-01-25 21:04:00

Las Vegas Sands Reports Fourth Quarter 2022 Results

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Benzinga
By Pr Newswire

For the quarter ended December 31, 2022

(Compared to the quarter ended December 31, 2021)

Travel Restrictions and Reduced Visitation Continue to Impact Financial Results

The Recovery at Marina Bay Sands Continued to Progress During the Quarter, with Mass Gaming Revenue Reaching an All-Time Property Record

Ongoing Investments in Both Macao and Singapore Position the Company for Future Growth

Support for Local Communities Remains Central to Our Efforts

LAS VEGAS, Jan. 25, 2023 /PRNewswire/ -- Las Vegas Sands Corp. LVS, the world's leading developer and operator of convention-based Integrated Resorts, today reported financial results for the quarter ended December 31, 2022.

"While travel restrictions and reduced visitation continued to impact our financial performance during the quarter, we remain confident in a robust recovery in travel and tourism spending across our markets and deeply enthusiastic about the opportunity to welcome more guests back to our properties throughout 2023 and in the years ahead," said Robert G. Goldstein, chairman and chief executive officer.

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