Macao Makes Las Vegas Sands' Quarter

Stock quotes in this article: LVS  

The Venetian's EBITDAR was $64.6 million, up 8.6% from $59.5 million a year ago.

"We are pleased to report solid third-quarter financial results, particularly in Macao where we delivered record adjusted property EBITDAR of $90.1 million," said William Weidner, Las Vegas Sands' chief operating officer. "We posted strong results at the Venetian, recording 8.6% growth ... despite a substantial increase in high-end capacity on the Las Vegas Strip."

Sands shares finished Wednesday session up 86 cents, or 2.5%, to $34.75.

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