Las Vegas Sands (LVS) reported third-quarter net revenue of $3.22 billion, down from $3.33 billion a year earlier, and consolidated adjusted property EBITDA of $1.12 billion, down from $1.34 billion, as high-end play softened in Singapore and Macao. Marina Bay Sands generated EBITDA of $590 million and Macao operations $529 million, while the company's Macao mass gaming revenue share reached 26.1%, its highest since the fourth quarter of 2023. Las Vegas Sands repurchased $950 million of shares during the quarter and plans to raise its quarterly dividend 20% to $0.36 per share beginning in the first quarter of 2027. The Singapore expansion project is estimated at $8 billion.
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