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Home.forex news reportLas Vegas Sands (LVS) Tumbles 14% as Macau Ops Disappoint

Las Vegas Sands (LVS) Tumbles 14% as Macau Ops Disappoint

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We recently published 10 Stock Titans With Massive Losses. Las Vegas Sands Corp. (NYSE:LVS) was one of the worst performers on Thursday.

Las Vegas Sands dropped its share prices by 13.96 percent on Thursday to end at $52.71 apiece as investors soured on weak results from its Macau operations as a result of China’s crackdown on high-rolling gamblers who make up for a significant chunk of the special administrative region’s casino revenues.

In full-year 2025, Las Vegas Sands Corp. (NYSE:LVS) said that adjusted EBITDA from its Macau operations dipped by 0.7 percent to $2.31 billion from $2.33 billion, albeit the fourth quarter saw a 6.5 percent jump to $608 million from $571 million year-on-year.

Photo from Las Vegas Sands website

“We are disappointed with that Ebitda number,” Las Vegas Sands Corp. (NYSE:LVS) Chief Executive Officer Robert Goldstein was quoted as saying in a call with analysts.

In terms of revenues, Las Vegas Sands Corp. (NYSE:LVS) said that Macau still recorded a 5 percent jump at $7.47 billion versus $7.11 billion in 2024, while in the fourth quarter alone, Macau revenues surged by 16 percent to $2.06 billion from $1.77 billion year-on-year.

In the broader front, attributable net income increased by 12 percent in full-year 2025 to $1.627 billion from $1.446 billion, while in the fourth quarter, attributable net income jumped by 22 percent to $395 million from $324 million.

Net revenues for the full-year stood at $13 billion, higher by 15 percent than the $11.3 billion in 2024, while net revenues in the fourth quarter increased by 26 percent to $3.65 billion from $2.9 billion year-on-year.

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READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.



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