Las Vegas Sands 2nd qtr revenue beats Wall Street estimates
The logo of Las Vegas Sands Corp is pictured at the Japan IR EXPO in Yokohama, Japan January 29, 2020. REUTERS/Kim Kyung-Hoonsecond-quarter revenue exceeded Wall Street estimates, benefiting from non-gaming programming in Macao as tourism rebounds from China's loosening of its zero-COVID policy and mass gaming reaching another record in Singapore.
"We were pleased to see the robust recovery in travel and tourism spending underway in both Macao and Singapore progress during the quarter," Robert G. Goldstein, Las Vegas Sands chief executive officer said in a statement. Las Vegas Sands resumed its dividend and will pay out 20 cents per common share, with the first dividend to be paid on Aug. 16.
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