NEW YORK (Reuters) – Las Vegas Sands Corp on Wednesday reported second quarter revenue of $2.5 billion, beating Wall Street estimates.
The Las Vegas-based casino operator said earnings are benefiting from a return to normalcy in Macao after a delayed rebound in tourism due to China’s zero-COVID policy.
“We were pleased to see the robust recovery in travel and tourism spending underway in both Macao and Singapore progress during the quarter,” Robert Goldstein, Las Vegas Sands’ chief executive officer said in a statement.
(Reporting by Doyinsola Oladipo in New York; Editing by Chris Reese)