Las Vegas Sands (LVS) Tumbles 14% as Macau Ops Disappoint

Group 1 - Las Vegas Sands Corp. experienced a significant drop in share prices by 13.96% to $52.71 due to weak results from its Macau operations, impacted by China's crackdown on high-rolling gamblers [1] - In full-year 2025, adjusted EBITDA from Macau operations decreased by 0.7% to $2.31 billion, although the fourth quarter saw a 6.5% increase to $608 million [2] - Macau revenues increased by 5% to $7.47 billion in 2025, with a notable 16% surge in the fourth quarter to $2.06 billion [3] Group 2 - Attributable net income rose by 12% in full-year 2025 to $1.627 billion, with a 22% increase in the fourth quarter to $395 million [4] - Net revenues for the full-year reached $13 billion, a 15% increase from $11.3 billion in 2024, while fourth-quarter net revenues grew by 26% to $3.65 billion [4]