Las Vegas Sands reaffirms Macau commitment and rejects prediction market expansion
By The Weekly Edge desk · · Updated
Summary
Las Vegas Sands chairman and chief executive Patrick Dumont reaffirmed the company’s commitment to Macau and ruled out prediction market expansion, Casino.org News reported. Speaking to Bloomberg TV at The Venetian Macao, Dumont expressed confidence in Macau’s long-term outlook despite four consecutive months of slowing gaming revenue.
Why it matters
Sands remains committed to Macau despite slowing gaming revenue, while ruling out expansion into prediction markets.