Business Segments Las Vegas Sands Corp.

Equities

LVS

US5178341070

Casinos & Gaming

Real-time Estimate Cboe BZX Other stock markets 11:58:52 11/02/2026 pm IST			5-day change	1st Jan Change
57.46 ^USD	+0.77%		0.00%	-11.66%

30/01	Jefferies Adjusts Price Target on Las Vegas Sands to $72 From $78, Maintains Buy Rating	MT
30/01	Argus Adjusts Price Target on Las Vegas Sands to $60 From $80, Maintains Buy Rating	MT

Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

: Breakdown by Business Segment

Breakdown by Business Segment (USD)

Fiscal Period: December	2021	2022	2023	2024	2025
Lodging
Marina Bay Sands	137Cr	251.6Cr	384.9Cr	423Cr	559Cr
Total Assets	532.6Cr	606.7Cr	638.7Cr	617.3Cr	776Cr
CAPEX	-15Cr	-35Cr	-58Cr	-65Cr	-57Cr
EBITDA	45Cr	105.6Cr	186.1Cr	205.2Cr	292.2Cr
Macao - The Venetian Macao	125.6Cr	68Cr	268.2Cr	283.1Cr	274.5Cr
Total Assets	208.7Cr	213.5Cr	254.8Cr	280.6Cr	268.9Cr
CAPEX	-7.1Cr	-5.2Cr	-7.1Cr	-26Cr	-19Cr
EBITDA	30Cr	-2.5Cr	105.4Cr	109.3Cr	95Cr
Macao - The Londoner Macao	59Cr	35Cr	179.2Cr	198.4Cr	255.6Cr
Total Assets	449.4Cr	448.9Cr	419.3Cr	466.5Cr	463.5Cr
CAPEX	-55Cr	-18Cr	-13Cr	-54Cr	-31Cr
EBITDA	-8.4Cr	-19Cr	52Cr	54Cr	78Cr
Macao - The Parisian Macao	36Cr	19Cr	88Cr	97Cr	87Cr
Total Assets	196.2Cr	182.8Cr	180.2Cr	171Cr	163.6Cr
CAPEX	-40L	-30L	-90L	-3.9Cr	-2.2Cr
EBITDA	-1.7Cr	-10Cr	27Cr	30Cr	22Cr
Macao - The Plaza Macao and Four Seasons Macao	55Cr	31Cr	78Cr	87Cr	87Cr
Total Assets	114.5Cr	102Cr	105.9Cr	99Cr	95Cr
CAPEX	-1.9Cr	-90L	-1.5Cr	-1.4Cr	-1.3Cr
EBITDA	22Cr	8.1Cr	31Cr	32Cr	31Cr
Casinos
Macao - Sands Macao	12Cr	6.5Cr	32Cr	32Cr	29Cr
Total Assets	25Cr	21Cr	29Cr	25Cr	26Cr
CAPEX	-70L	-40L	-60L	-1.6Cr	-2.1Cr
EBITDA	-6.9Cr	-8.1Cr	5.9Cr	5.6Cr	3.1Cr
United States - Sands Bethlehem	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
EBITDA	-	-	-	-	-
Las Vegas Operating Properties	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
EBITDA	-	-	-	-	-
Intercompany Royalties	8.3Cr	11Cr	22Cr	25Cr	29Cr
Intersegment Eliminations	-12Cr	-14Cr	-26Cr	-29Cr	-34Cr
Marine Transportation Of Passengers
Macao - Ferry Operations and Other	2.8Cr	2.9Cr	10Cr	12Cr	13Cr
Total Assets	13Cr	87Cr	34Cr	72Cr	38Cr
CAPEX	-10L	-	-	-30L	-10L
EBITDA	-80L	-70L	1.8Cr	1.7Cr	2.4Cr
Credit Agencies
Total Assets	135.7Cr	542.2Cr	516.7Cr	335.3Cr	361.4Cr
CAPEX	-2.7Cr	-6Cr	-20Cr	-4Cr	-3.9Cr

Geographical Revenue Distribution History

Geographical breakdown of sales (USD)

Fiscal Period: December	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025