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Low hold on rolling play hits Marina Bay Sands' adjusted property EBITDA
Its adjusted property EBITDA in Q3 2024 declined by US$85m.
Marina Bay Sands' (MBS) adjusted property EBITDA declined by US$85m to US$406m in Q3 2024.
Its parent company, Las Vegas Sands attributed the decline to a low hold on rolling play.
In Q3, MBS’ rolling chip volume declined by US$1,591 to US$6,558.
The MBS, however, continued to “deliver outstanding financial and operating performance,” said Las Vegas Sands.
The Singapore property recorded a net revenue of US$919m, US$96m lower than Q3 2023.
Meanwhile, capital expenditure at MBS for the period amounted to US$215m.
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