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Gaming companies prepare to report first-quarter results amid analyst concerns

Business

Gaming companies are due to report first-quarter results from this week, with Las Vegas Sands scheduled to report first, followed by other listed operators. Morgan Stanley analyst Stephen Grambling said casino trends weakened from the previous quarter, while digital handle remained stable. Deutsche Bank lowered its Macau forecasts for the first quarter of 2025 and subsequent periods, according to the report.

The analyst assessments and revised Macau forecasts inform investors assessing gaming companies’ near-term performance.

End-of-day close Las Vegas Sands (LVS), USD, to 6 June 2025
Story date10 March 20256 June 2025

Latest reported results

Las Vegas Sands NYSE: LVS

Quarter ended 30 September 2026

Revenue
USD 3.22bn10-Q filing 0001300514-26-000103
Operating income
USD 618.0m10-Q filing 0001300514-26-000103

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