To open in 2016

Sands Cotai Central expects earnings to keep growing

2014-03-14
Reading time 26 seg
(Macau).- Las Vegas Sands expects its Sands Cotai Central casino-resort’s earnings before interest, tax, depreciation and amortisation to keep growing. The investment bank says Wynn Resorts expects its Cotai casino-resort to open on schedule early in 2016.

JP Morgan says Las Vegas Sands does not necessarily expect EBITDA from Sands Cotai Central to reach the levels of EBITDA from its Venetian Macao casino-resort, because the Venetian Macao has more gaming tables and its retailing business is “extremely successful”.


Las Vegas Sands is a parent company of Sands China.


MGM Resorts International expects to have between 9 percent and 11 percent of the Macau gaming market this year, JP Morgan says.

Leave your comment
Subscribe to our newsletter
Enter your email to receive the latest news
By entering your email address, you agree to Yogonet's Terms of use and Privacy Policies. You understand Yogonet may use your address to send updates and marketing emails. Use the Unsubscribe link in those emails to opt out at any time.
Unsubscribe
EVENTS CALENDAR