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2 articles

Las Vegas Sands Q2 2026 earnings Macau EBITDA VIP hold World Cup impact financial results
Finance & M&A

Las Vegas Sands Q2 2026: Macau VIP Hold Slump and World Cup Drain $87 Million in EBITDA

Las Vegas Sands missed Q2 2026 consensus estimates by roughly 5%, reporting net revenue of $3.15 billion and adjusted EBITDA of $1.12 billion. An abnormally low Macau VIP hold of 1.35% versus an expected 3.30% cost the company approximately $87 million in EBITDA, compounded by FIFA World Cup headwinds that pulled high-value Asian patrons away from Macau and Singapore.

iGaming Daily Newsroom··8 min read
Galaxy Macau integrated resort Macao tourist arrivals 2026 casino GGR slowdown
Casino

Macao Tourist Arrivals Surge Past 20 Million in 2026 But Casino GGR Drops 12%

Macao crossed 20 million visitor arrivals in 2026 eighteen days ahead of last year's pace, with daily arrivals up 10.2% year-on-year, yet casino gross gaming revenue fell more than 12% year-on-year in June to its lowest level in 15 months, as analysts cite the FIFA World Cup and declining per-visitor spending as key factors.

iGaming Daily Newsroom··4 min read