Sands China operation posts 315% increase in profits

Steven Stradbrooke
May 12, 2010
4 Comments

YuanBenjaminWhile casinos based in Las Vegas and Atlantic City nowadays consider quarterly losses in only the double-digit millions deserving of applause, the same cannot be said for their Macau-based counterparts. Case in point: while Las Vegas Sands officials announced the loss of $29M last quarter, the Sands China operation posted first quarter profits of $110M. For the record, that’s quadruple the profits of just a year ago. Damn, that’s not a casino license, it’s a license to print money. Read more.

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  • shane

    its a good sign that the gaming industry in this area is progressive…

  • Cougar

    Chinese market are all rocketing upwards, a result of maybe of the globalization of “China”… As far as knew, have red some post in here that China spent for the most expensive global expo. Twice more that they had spent in the 2008 Summer Beijing Olympics…. The Dragon has risen…

  • Cougar

    Chinese market are all rocketing upwards, a result of maybe of the globalization of “China”… As far as knew, have red some post in here that China spent for the most expensive global expo. Twice more that they had spent in the 2008 Summer Beijing Olympics…. The Dragon has risen…

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