Las Vegas Sands (LVS) reported a strong second quarter for 2025, with consolidated net income rising 22% year-on-year to USD 519 million. This performance was largely driven by the outstanding results of Marina Bay Sands (MBS) in Singapore. Total group net revenue grew by 15% to USD 3.18 billion, while adjusted property EBITDA jumped 24.3% to USD 1.33 billion. Earnings per share came in at USD 0.66 (GAAP) and USD 0.79 (adjusted), both beating analyst expectations, according to RTT News.
The Philippines finds itself at a pivotal moment in the evolution of its online gaming industry, with recent reports warning that up to 50,000 jobs could vanish if lawmakers legislate a total ban on legal online gambling. According to Philstar, projections indicate massive economic and social fallout unless a balanced approach is adopted.
Crown Perth has embarked on its most ambitious upgrade in nearly a decade with the unveiling of the Urban Food District—a multifaceted dining and entertainment precinct poised to redefine the resort experience on Bolton Avenue. Spearheaded by CEO Brian Pereira, this A$ multi-million phase marks a turning point in Crown’s strategy to elevate its non-gaming offerings and attract both local residents and event-goers alike.
Hong Kong’s leading diagnostic imaging group, iRad, is making a bold move across the border. Job listings in the Macao Daily News and local online platforms confirm that iRad is staffing up—not just clinicians but also operations personnel—for this ambitious venture.
Allwyn International AG has announced a decisive shift in its business strategy, divesting land‑based casino assets in Germany and Australia to concentrate on its growing digital gaming ambitions. On July 1, the company completed the sale of 10 casinos in Lower Saxony, Germany, generating €67.7 million in proceeds—consisting of a €15.2 million dividend upstreamed earlier in June and €52.5 million received upon sale. These German establishments recorded total revenues of €126.4 million in 2024.
Author: Janice Chew • Thursday, 24/07/2025
