(sna) Singapore disappoints for Las Vegas Sand's earnings as Macau shines

The Venetian Macau and Sands Cotai Central continue to be the growth drivers for Las Vegas Sands, and with $735.3 billion in EBITDA last quarter, up 9.6% from just one quarter earlier, they're performing incredibly well. Sands Cotai Central also has more upside potential as it ramps up operations and margins expand. The positive results also point to strong results for Melco Crown Entertainment, which generates most of its earnings from City of Dreams next to Sands Cotai Central. The big disappointment this quarter came from Singapore, where Marina Bay Sands was supposed to be the most profitable resort in the portfolio. But that spot is now owned by The Venetian Macau and Singapore's gaming trends continue to disappoint.

Full article: http://singaporenewsalternative.blogspot.com/2014/04/sing...

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