LVSC(US:LVS) Investopedia·2025-01-30 23:05Core Viewpoint - Las Vegas Sands expresses confidence in future success due to strong assets in the Macao gambling market, despite recent challenges from the Chinese economy [2][3]. Financial Performance - Las Vegas Sands reported $11.3 billion in revenue for 2024, with $7.1 billion generated from Macao operations [2][5]. - The company's fourth-quarter capital expenditures totaled $547 million, including $345 million in Macao [4]. Market Outlook - The CEO predicts that gross gaming revenue in Macao will exceed $30 billion by 2025, indicating growth potential [3]. - The total gaming revenue in Macao for 2024 was 226.8 billion patacas ($28.3 billion), a decline from 293.3 billion patacas ($36.6 billion) in 2019 due to the pandemic [3]. Investor Sentiment - Investors reacted positively to the company's outlook, with shares rising 11% on the day following the earnings call, nearing positive territory over the past 12 months [5].