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.
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.
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.
Net revenue was $857 million, compared to $446 million in the prior year quarter. Operating loss was $316 million, compared to $523 million in the prior year quarter.
Net revenue was $1.17 billion, compared to $62 million in the prior year quarter. Operating loss was $139 million, compared to $757 million in the prior year quarter.
Generating Positive Adjusted Property EBITDA in Macao and Singapore - Pandemic-Related Travel Restrictions and Reduced Visitation Continue to Impact Financial Results