SUBSCRIBERS
Marina Bay Sands Q2 earnings dip 1.7% to US$357m
Growth in slot revenues, resilience of room rates and mall revenues help to counter softer gaming volumes
Add BT as a preferred source
Nisha Ramchandani
Published Tue, Jul 26, 2016 · 09:50 PM
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
MARINA Bay Sands saw its Q2 profit for the three months ended June 30 slip 1.7 per cent year on year to US$357 million as earnings were impacted by lower table game revenue.
Net revenue for the quarter was marginally lower, inching down 0.4 per cent to US$710.1 million mainly due to a slight drop in revenue from its casino business. Casino revenue - which contributes to the bulk of top line - came to US$556.7 million, or down 1.6 per cent, compared to the corresponding quarter a year earlier.
Copyright SPH Media. All rights reserved.
