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Las Vegas Sands Corp. (LVS) Financial News - Las Vegas Strip Casino Gambling Revenue Surges 32% in June

Las Vegas Sands Corp. (LVS)

Las Vegas Strip Casino Gambling Revenue Surges 32% in June

Quote: Las Vegas Strip casino gambling surged 32 percent in June as a recovery in the biggest U.S. betting city strengthened. Nevada’s Gaming Control Board said today in an emailed statement. Gambling climbed 8.5 percent in the first six months of 2011 from a year earlier. MGM Resorts International (MGM) and Caesars Entertainment Corp., the two biggest casino operators on the Strip, said this week. Room rates have increased at most resorts and visitors are spending more on food and entertainment as tourists and conventions return. Wynn Resorts Ltd. (WYNN)Las Vegas Sands Corp. (LVS) have also said business in their home city is strengthening. NevadaClark County, which includes downtown Las Vegas as well as the Strip, rose 20 percent to $767.7 million. bjinks1@bloomberg.net apalazzo@bloomberg.net ...
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Las Vegas Sands Corp. Stock Summary

Las Vegas Sands Corp. and its subsidiaries develop multi-use integrated resorts worldwide. It owns and operates The Venetian Resort Hotel Casino, The Palazzo Resort Hotel Casino, and The Sands Expo and Convention Center in Las Vegas, Nevada; and the Sands Macao, The Venetian Macao Resort Hotel, and the Four Seasons Hotel Macao, Cotai Strip in Macao, the People?s Republic of China. The company is also developing Marina Bay Sands, an integrated resort in Singapore; and Sands Casino Resort Bethlehem, an integrated resort in Bethlehem, Pennsylvania. Las Vegas Sands Corp. was founded in 1988 and is headquartered in Las Vegas, Nevada.
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