Sands China has reported net revenues of $1.81 billion for the three months to March 31, representing a 42 percent increase over the same period last year but almost 3 percent down when compared with the December 2023 quarter.
Adjusted EBITDA of $610 million was also 53 percent higher year-on-year but 7 percent lower than the fourth quarter, with parent company Las Vegas Sands noting that low hold on rolling play negatively affected its Macau operations to the tune of $31 million.
Net income of $297 million reversed a $10 million loss in the first quarter of 2023.
