News Summary: Las Vegas Sands wins big in 1st qtr
News Summary: Las Vegas Sands posts better-than-expected profit, as Macau resorts win big
LAS VEGAS (AP) -- HIGH ROLLERS: Casino operator Las Vegas Sands Corp. said Wednesday that its net income rose by 15 percent and revenue jumped 20 percent to $3.30 billion, a quarterly record for Sands. The results topped expectations.
ROSY GLOW: Sands drew a record number of customers in Macau — 14 million visits — and took in more money from its Singapore casinos. The Chinese territory is the world's largest gambling market.
WHAT'S AHEAD: CEO Sheldon Adelson said he's cracking the whip to get another Macau casino open in 2015. The company also is exploring ways to return more cash to shareholders.
