Helped by strong performance of the Sands Macau
(US).- Las Vegas Sands Corp. saw its revenue rise 96 percent in the fourth quarter, powering the casino operator to strong earnings growth. In its first quarterly results as a publicly held company, it posted net income of us$ 69.26 million up from us$ 7.68 million, earned in the final three months of 2003.
Growth in the fourth quarter reflects a strong gaming revenues at the Sands Macau.
Quarterly revenue reached us$ 366.71 million from the prior year´s us$ 186.78 million. Growth in the fourth quarter "reflects a continuation from the third quarter of strong gaming revenues at the Sands Macao and continuing growth in our convention-based room business in Las Vegas," said William Weidner, president and chief operating officer, in a statement.
The company operates the Venetian hotel and casino as well as a convention center in Las Vegas and is building a us$ 1.6 billion property called the Palazzo on the Strip next to the Venetian.
The high-end Venetian has been a big hit, operating at an occupancy rate of 97 percent during 2004, up from 96 percent in 2003, with average daily room rates increasing 8 percent, to us$ 220.
In China, the company opened the Sands Macao Casino last May and is expanding there with what will be a us$ 1.8 billion property to be called the Venetian.
Las Vegas Sands also has set its sights on Singapore, having recently submitted a proposal for a mixed-use gaming, convention and entertainment development. Singapore´s government is expected to decide by April 15 on whether to move ahead with gaming legislation or not, the company said.
Casinos.ch ist die Gaming & Entertainment-Plattform der Schweiz und mit über 20 Informationsportalen und rund 100 Internetnamen (Domains) das grosse News- und Pressenetzwerk der Casino- und Glücksspielszene in Europa.
Aktuelle News, Interviews, Fotos und spannende Stories - direkt und live aus den Schweizer Casinos, der Spielbankenszene Deutschlands, über das monegassische Casino von Monte Carlo, weitere Casinos aus ganz Europa und der ganzen Welt finden Sie auf www.casinos.ch. Und last but not least natürlich auch aus der Sin City 'Las Vegas'.
Die Informationen sind unterteilt in die Bereiche Casino-Informationen, aktuelle News, Events, Jackpot und Tournament-Informationen, Fotogalerien, Live-Berichte und Interviews sowie ein täglich wechselndes Glückshoroskop.
Top-Brands: - www.casinos.ch CH-Casino-Plattform - www.swisspoker.ch Poker-News - www.casinopersonal.ch offene Stellen - www.nightlife.ch Ausgangs-Informationen
Weitere Nachrichten der Gaming-Branche |
Grosses Potenzial für Energieeinsparung in der Schweizer Industrie
Bundesamt für Energie BFE, 07.10.2024Hochschule für Technik FHNW verleiht 399 Diplome
Fachhochschule Nordwestschweiz, 07.10.2024Neue Ausstellung im Textilmuseum St.Gallen: Circle of Water. Textilien im Fluss
Textilmuseum St. Gallen, 07.10.20241664 Original Lager Bier 24x50cl
CHF 21.90 statt 43.80
Coop
2 go Energy Drink Sugarfree 6x25cl
CHF 6.00
Coop
2Go Energy Drink 6x25cl
CHF 6.00
Coop
À Table! Bratpfanne Classic 20cm
CHF 17.95
Coop
À Table! Classic Bratpfanne 24cm
CHF 19.95
Coop
À Table! Classic Bratpfanne 28cm
CHF 24.95
Coop
Aktueller Jackpot: CHF 1'036'009