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Stock impact report

LVS' Singapore EBITDA Flow-Through Strengthens: What's Supporting It? [Yahoo! Finance]

Las Vegas Sands Corp. (LVS) 
Last las vegas sands corp. earnings: 4/22 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.sands.com/ir-home/default.aspx
Company Research Source: Yahoo! Finance
LVS reported a record $806 million of EBITDA from the property in the fourth quarter of 2025, with full-year EBITDA coming at approximately $2.9 billion. The results underscore Marina Bay Sands' ability to convert revenue growth into profitability, even as operating conditions across global gaming markets remain uneven. This performance reflects the underlying economics of the Singapore operation, where the cost structure scales efficiently as volumes increase. As gaming volumes, hotel occupancy and non-gaming activity strengthened through 2025, incremental revenues were absorbed across a largely stable operating framework. This dynamic likely supported earnings growth, with EBITDA remaining resilient despite inflationary pressures and the impact of the higher mass gaming tax rate. LVS also pointed to disciplined cost management and the high-quality mix of Singapore revenues as supporting factors. Premium mass gaming, strong room rates and resilient non-gaming demand continued to Show less Read more
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