Sands China Ltd, the prominent Macau casino operator behind flagship venues like The Venetian Macao, The Parisian Macao, Sands Macao, and The Londoner Macao, has announced an interim dividend of HKD 0.25 (US$0.032) per share, amounting to a total payout of HKD 2.02 billion. This dividend is scheduled for payment on September 12, 2025.

Financial Snapshot: Profit Down, Revenues Slightly Lower

For the first half of 2025, Sands China posted a net profit of US$413 million, marking a 23.7% decrease compared to the same period in the previous year. Revenue dipped 1.7% year-on-year, bringing total net revenues to US$3.49 billion. Within that, group-wide casino revenue dropped 3.0%, landing at US$2.62 billion.

Adjusted property EBITDA stood at US$1.10 billion, down 5.9% from the first half of 2024.

Commentary from Sands China

“The decrease was primarily due to decreased net casino revenue at The Venetian Macao, The Parisian Macao and Sands Macao due to the competitive nature of the Macau gaming market, partially offset by increased net casino revenue at The Londoner Macao due to Londoner Grand becoming fully operational over the second quarter of 2025, compared to the same period in 2024,” the casino stated in Friday’s announcement.