Slots and ETGs up 31 per cent year-on-year and 10 per cent sequentially
Las Vegas Sands generated $3.59bn for the quarter ended March 31, 2026, compared to $2.86bn in the prior year quarter, increasing 25.3 per cent.
The improvement was due to a significant increase in EBITDA at Marina Bay Sands in Singapore, with a 30 per cent increase to $788m, and an 18 per cent increase in EBITDA in Macau, which at $633m, and with mass market revenue share reaching 25.7 per cent, marked the strongest since the start of 2024.
The operator is now planning a refresh of The Venetian in Macau.
Sands Chairman, CEO, President & Treasurer Patrick Dumont said: “We will begin with the Venetian where work is already in progress with refreshed room products beginning to come into service in the third quarter of 2026. Additional luxurious suite product and the total product refresh is targeted to be completed by the end of 2027. Our strategic priorities remain clear and consistent with the goals of investing with discipline and creating meaningful shareholder returns. We delivered $633m in EBITDA [in Macau] for the quarter, an increase of over 18 per cent. Mass market revenue share reached 25.7 per cent for this quarter, our strongest performance since the first quarter of 2024
He added: “We once again delivered outstanding financial results of Marina Bay Sands in Singapore with EBITDA increasing over 30 per cent to reach $788m. Singapore is an ideal market for high-value tourism spending. We are making progress, implementing meaningful improvements in the service pillar of our strategy in Macao will be critical, targeted investments in training and hiring of additional customer-focused team members throughout the portfolio. Our main driver of profitability at Marina Bay Sands is mass win and slots. VIP is a very volatile segment, and it can be concentrated at times.”
“Looking ahead, we remain confident that our people, our products and our focus on delivering outstanding service, hospitality and entertainment experiences to our customers will drive growth for the company and deliver strong returns to our shareholders in the years ahead.”
“The growth in the Macao market is primarily driven by the premium segment,” Dumont added. “The competition in that segment remains intense, and luxurious suite product, coupled with outstanding service levels, are critical to success. We have the suite product to effectively compete in the premium segment at both Londoner and Grand Suites at the Four Seasons. We are singularly focused today on matching that suite and room product with the service levels that the most discerning and valuable customers in Macau increasingly demand.”
Kwan Chum, President, CEO & Executive Director, added: “The market growth is driven by premium segments, both in rolling and non-rolling segments. But we can point to a couple of indicators to show that the base mass and the mass growth is actually solid. If you look at not so much the base mass tables, but the slot and ETG segment, we are seeing strong growth as a whole in the market. And Sands China outperformed the market in that segment by a significant margin this quarter. So our slot and ETG segment grew by 31 per cent year-on-year and 10 per cent sequentially, especially driven by our more mass-oriented properties in Parisian and Sands, where you can see the slot ETG number has grown tremendously.”
The post Las Vegas Sands sees mass market revenue share at its highest since the start of 2024 appeared first on G3 Newswire.
Slots and ETGs up 31 per cent year-on-year and 10 per cent sequentially Las Vegas Sands generated $3.59bn for the quarter ended March 31, 2026, compared to $2.86bn in the prior year quarter, increasing 25.3 per cent. The improvement was due to a significant increase in EBITDA at Marina Bay Sands in Singapore, with a…
The post Las Vegas Sands sees mass market revenue share at its highest since the start of 2024 appeared first on G3 Newswire.