Las Vegas Sands Corp
Las Vegas Sands Corp. has reported meshwork revenue of $1.01bn for the 4th quarter of 2021, a 0.7% slump from the prior yr quarter.
Marina Bay Sands represented $368m of sum revenue, followed by The Venetian Macau at $272m. The Plaza Macao and Four Seasons Macao amounted to $140m, with The Londoner Macao amounting to $139m. The Parisian Macau and Sands Macau reached totals of $67m and $25m respectively.
Operating loss was $138m and network red was $315m, compared to $119m and $303m respectively inward the prior year quarter. Consolidated adjusted attribute Earnings Before Interest Taxes Depreciation and Amortization was $251m, compared to $191m in the prior year quarter.
Full year 2021 operating red ink in the meantime was $689m, compared to operating deprivation of $1.39bn in 2020. The operator noted that pandemic-related go restrictions and reduced visitation bear on to wallop financial results.
“We remain confident inward the eventual retrieval in locomote and touristry disbursal crosswise our markets and enthusiastic nigh the opportunity to welcome to a greater extent guests back to our properties in 2022 and the years ahead,” said Las Vegas Sands Chairman and CEO Henry Martyn Robert G. Goldstein.
“While pandemic-related move restrictions proceed to wallop our stream financial performance, we once again generated positive Earnings Before Interest Taxes Depreciation and Amortization inwards each of our markets. We remain deep committed to supporting our team members and to portion those in want inwards to each one of our local communities as they recuperate from the wallop of the pandemic.
“Our ongoing investments inward our team up members, our communities and our market-leading Integrated Resort offerings stance us exceedingly advantageously to pitch growing as trip restrictions eventually subside and the recovery comes to fruition. We are fortunate that our financial strength supports our investment funds and working capital expenditure programs in both Macao and Singapore, as easily as our following of growing opportunities inwards new markets.”