12 OctDeals & M&A
Las Vegas Sands rules out prediction markets as it prioritises international growth
Las Vegas Sands will prioritise its core business and international growth, including Macau, while ruling out prediction markets.
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- Patrick Dumont joined 2026-10-12 · entry
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Timeline
Newest first, grouped by month.
October 2026
12 OctDeals & M&A
Las Vegas Sands reaffirms Macau commitment and rejects prediction market expansion
Sands remains committed to Macau despite slowing gaming revenue, while ruling out expansion into prediction markets.
9 OctDeals & M&A
Sands CEO excludes casino hotel from proposed Dallas Mavericks arena site
Space constraints rule out a casino hotel at the proposed Dallas Mavericks arena site even if Texas changes gambling laws.
September 2026
7 SepRegulation
Singapore High Court rejects Venetian Macau’s bid to enforce foreign casino debt
The decision limits casino operators’ ability to recover overseas gambling debts against assets held in Singapore.
5 SepRegulation
IRAS records Singapore betting tax receipts rising 11.9% to SGD3.6bn
The figures give operators and investors a combined measure of Singapore’s gambling duties and casino tax receipts for the fiscal year.
August 2026
21 AugEnforcement & compliance
Nevada regulators approve US$7.2m Venetian penalty over anti-money laundering failings
Apollo accepted the Venetian’s US$7.2m anti-money laundering penalty while disputing its share of responsibility relative to Las Vegas Sands.
July 2026
22 JulDeals & M&A
Las Vegas Sands authorises $6bn increase in share buybacks
The authorisation permits additional share repurchases by Las Vegas Sands.
Market data
Las Vegas Sands · NYSE: LVS. Share price end-of-day, delayed; not investment advice.
Last close (2026-10-16)USD 38.01
1 week+5.1%
YTD−41.6%
1 year−22.6%
Market capUSD 24.62bn
| Quarter ended | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue | USD 3.17bn | USD 3.33bn | USD 3.65bn | USD 3.58bn | USD 3.15bn |
| EBITDA | USD 1.19bn | USD 1.16bn | USD 1.12bn | USD 1.31bn | USD 1.02bn |
| Operating income | USD 783.0m | USD 719.0m | USD 707.0m | USD 904.0m | USD 618.0m |
| Net income | USD 461.0m | USD 419.0m | USD 395.0m | USD 567.0m | USD 346.0m |
| Diluted EPS | 0.66 | 0.61 | 0.58 | 0.85 | 0.53 |
| Cash & equivalents | USD 3.45bn | USD 3.35bn | USD 3.84bn | USD 3.33bn | USD 3.38bn |
Figures as reported in each company’s currency; Q4 values for US filers may be derived as full year minus nine months. EBITDA is a company-defined or data-provider measure where shown.
Results takeaways · Q2 2026
- Net revenue fell to $3.15 billion from $3.18 billion a year earlier.
- Net income fell to $373 million from $519 million; diluted earnings per share were $0.53.
- Consolidated adjusted property EBITDA fell to $1.12 billion from $1.33 billion.
- Macao gaming volumes grew across all segments, but lower rolling-play hold reduced reported results.
- Management expects its people, products and customer service, hospitality and entertainment offerings to drive growth in the years ahead.
Summarised by SectorWire desk from the company’s earnings release (filed 2026-07-22).
Next results expected: 21 October 2026 (provisional).
End-of-day, delayed; not investment advice. Data and methodology · All gaming stocks
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Patrick Dumont
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- Oct 2026
- Sep 2026
- Aug 2026
- Enforcement & compliance Nevada regulators approve US$7.2m Venetian penalty over anti-money laundering failings
- Jul 2026
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