{"id":20125,"date":"2024-04-18T10:19:00","date_gmt":"2024-04-18T10:19:00","guid":{"rendered":"https:\/\/instantcasinos.com\/?p=20125"},"modified":"2024-04-18T14:04:43","modified_gmt":"2024-04-18T14:04:43","slug":"las-vegas-sands-casino-records-impressive-39-6-increase-in-revenue-for-q1-2024","status":"publish","type":"post","link":"https:\/\/instantcasinos.com\/blog\/2024\/04\/18\/las-vegas-sands-casino-records-impressive-39-6-increase-in-revenue-for-q1-2024\/","title":{"rendered":"Las Vegas Sands Casino Records Impressive 39.6% Increase In Revenue For Q1 2024"},"content":{"rendered":"<p><strong>Popular holiday resort and casino Las Vegas Sands reported a significant rise in revenue through the first quarter of 2024, with a 39.6% increase on last year&#8217;s numbers during the same time frame.<\/strong><\/p>\n<p>The first quarter this year ended March 31st, with Las Vegas Sands reporting net revenue figures of $2.96Billion as well as disclosing a net income of $583Million during the first Q this year.<\/p>\n<p>Las Vegas Sands also repurchased a reported $450m of common stock during Q1 with the shareholder&#8217;s best wishes in mind.<\/p>\n<p>The casino and resort chairman and CEO, Robert G Goldstein, said: &#8220;We were pleased with our financial and operating results for the quarter, which reflect strong growth in both Macao and Singapore.<\/p>\n<p>&#8220;We remain deeply enthusiastic about our opportunities to deliver growth in both markets in the years ahead, as we execute our substantial capital investment programs in both Macao and Singapore.&#8221;<\/p>\n<h3>Macau And Singapore Partners Enjoy Success<\/h3>\n<p>The Las Vegas Sands report also covers both partner properties in Macau and Singapore. Net revenue increased by 42% in Singapore to $1.80bn while net income rose to $297 for Q1.<\/p>\n<p>Despite encountering multiple problems during Q1 this year, adjusted property in Macau came to around $610m earnings before interest, taxes, depreciation, and amortization.<\/p>\n<p>Q1 this year saw a noticeable rise in figures from Q4 in 2023, with Las Vegas Sands reporting net revenue of $2.92 billion at the end of last year &#8211; $40 million less than the first quarter of this year.<\/p>\n<p>Despite the significant increase in revenue this year, figures still remain well below the numbers Ls Vegas Sands was bringing in pre-Covid 19 with profits still yet to return to their former glory.<\/p>\n<p>Visit <a href=\"https:\/\/instantcasinos.com\/\">Instant Withdrawal Casinos<\/a> for the best options when it comes to fast payouts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Popular holiday resort and casino Las Vegas Sands reported a significant rise in revenue through the first quarter of 2024, with a 39.6% increase on last year&#8217;s numbers during the same time frame. The first quarter this year ended March 31st, with Las Vegas Sands reporting net revenue figures of $2.96Billion as well as disclosing &hellip; <\/p>\n","protected":false},"author":64,"featured_media":17487,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-20125","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Las Vegas Sands Casino Records 39.6% Increase In Revenue<\/title>\n<meta name=\"description\" content=\"Popular holiday resort and casino Las Vegas Sands reported a significant rise in revenue through the first quarter of 2024.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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