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