Hotel Tower 3, Hotel Lobby, Sands SkyPark and more will be enhanced in next phase of reinvestment programme, which totals US$1.75 billion
Recovery in Travel and Tourism Spending in both Macao and Singapore Progressed During the Quarter - Net Revenue of $2.80 billion and Net Income of $449 million - Consolidated Adjusted Property EBITDA Reached $1.12 billion
Net revenue was $2.54 billion, compared to $1.05 billion in the prior year quarter. Operating income was $537 million, compared to an operating loss of $147 million in the prior year quarter. Net income from continuing operations in the second quarter of 2023 was $368 million, compared to a net loss from continuing operations of $414 million in the second quarter of 2022.
After opening in phases since 2021, The Londoner Macao is now complete, fulfilling Las Vegas Sands founder Sheldon G. Adelson's vision for the Cotai Strip and deepening the company's commitment to Macao
Marina Bay Sands Mass Gaming Revenue Reached an All-Time Property Record $549 million
Net revenue was $1.12 billion, an increase of 10.8% from the prior year quarter. Operating loss was $166 million, compared to $138 million in the prior year quarter. Net loss from continuing operations in the fourth quarter of 2022 was $269 million, compared to $315 million in the fourth quarter of 2021.
Net revenue was $1.01 billion, compared to $857 million in the prior year quarter. Operating loss was $177 million, compared to $316 million in the prior year quarter. Net loss from continuing operations in the third quarter of 2022 was $380 million, compared to $594 million in the third quarter of 2021.
the tremendous tourism growth projected over the coming years. The Sands Hospitality Scholarship Program will benefit more than 100 Singaporean students pursuing hospitality or tourism-related courses of study at six Institutes of Higher Learning (IHLs) including Nanyang Polytechnic, Ngee Ann Polytechnic, Republic Polytechnic, Singapore Polytechnic, Temasek Polytechnic and the Singapore Institute of Technology in Singapore.
Net revenue was $1.05 billion, compared to $1.17 billion in the prior year quarter. Operating loss was $147 million, compared to $139 million in the prior year quarter. Net loss from continuing operations in the second quarter of 2022 was $414 million, compared to $280 million in the second quarter of 2021.
Net revenue was $943 million, compared to $1.20 billion in the prior year quarter. Operating loss was $302 million, compared to $96 million in the prior year quarter. Net loss from continuing operations in the first quarter of 2022 was $478 million, compared to $280 million in the first quarter of 2021.