Marina Bay Sands results show mild gains

 

Net revenue for the Marina Bay Sands casino resort rose 6.4 percent to $739.5 million in the second quarter from a year earlier while operating income rose 8.4 percent to $255.1 million. Casino revenue rose 7.3 percent to $590.3 million. Rolling chip volumes rose 24.9 percent to $14.37 billion but the hold was lower than expected at 2.53 percent compared with a ‘normal’ range of 2.7 percent to 3 percent. The win from mass market tables edged up 1.8 percent to $272.4 million while slot volumes were flat at $2.7 billion.