Las Vegas Sands Revenue More Than Doubles to $ 2.9 Billion in Q4 2023
Kate Marshal
26 January 2024
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Las Vegas Sands Corp. (LVS) has announced a revenue of $2.9 billion in the fourth quarter of 2023. That’s a 161% jump from the same quarter in 2022.
Adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) hit $1.2 billion.
The Singaporean casino resort Marina Bay Sands chipped in $1.061 billion, while all LVS properties in Macau added up to $1.79 billion.
“We were extremely pleased with our financial and operating results for the quarter, which reflect the ongoing improvement in the operating environment in both Macao and Singapore”, said Robert G. Goldstein, chairman and CEO.
For the whole year of 2023, LVS reported a revenue of $10.4 billion, a 154% increase from 2022.
Consolidated adjusted property EBITDA totaled $4.1 billion, a staggering 485.8% increase from the previous year.
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