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"In Macau, we delivered record financial results, with outstanding growth and strong operating momentum reflected in every segment of our business said Sheldon Adelson, chairman of Las Vegas Sands.
Casino operator Las Vegas Sands has reported a jump in first quarter profit, boosted by a strong performance of its casino operations in Macau.
Its net profit kucoin deposit time rose to 572m (368m) in the three months to the end of March, up from 498.9m a year earlier.SJM Holdings was founded on February 17, 2006 and is headquartered in Hong Kong.Assets.4 B, assets.3.Assets.5 B, assets.2.The Hotel and Catering operations segment focuses on the operation of hotel, catering and related services.The company operates through two business segments: Gaming Operations, and Hotel and Catering Operations segments.Read More, numbers, fiscal Year, revenue.8.Fiscal Year, profits 879.4 M, profits 993.5 M Profits 869.6 M Profits 681.8 M Profits 458.2 M Profits 117 M Profits 102.2 M Profits 196.6 M Profits 312 M Profits 690.9 M Sources: Factset, Bloomberg, S P Cap IQ; Forbes.Revenue 7 B, revenue.3 B, revenue 6 B, revenue.6 B, revenue.7 B, revenue.2 B, revenue.5 B, revenue.7 B, revenue.6 B, fiscal Year, assets.4 B, assets.5.The firm said it attracted a record 14 million visitors to its properties in Macau, helping drive up profits.Image caption Gambling revenues in Macau have seen a steady surge in recent years.Las Vegas Sands was one of the first firms to open a casino in Macau and currently operates four properties in the territory.Assets.8 B, assets.3 B, assets.7 B, assets.Conducts casino gaming operations and gaming-related activities in Macau.
The firm said net profit at Sands China Ltd, the operator of its Macau casinos, rose.3 from a year earlier to 452.9m.
It also reported a jump in both gaming and non-gaming revenues at Marina Bay Sands, its casino in Singapore.