Las Vegas Sands posts first-quarter loss on coronavirus woes

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Casino operator Las Vegas Sands Corp reported a loss for the first quarter compared to a year-ago profit, as the coronavirus-induced lockdown ...

Casino operator Las Vegas Sands Corp reported a loss for the first quarter compared to a year-ago profit, as the coronavirus-induced lockdown kept people away from gaming tables.

FILE PHOTO: The logo of Las Vegas Sands Corp is pictured at the Japan IR EXPO in Yokohama, Japan January 29, 2020. REUTERS/Kim Kyung-HoonREUTERS: Casino operator Las Vegas Sands Corp reported a loss for the first quarter compared to a year-ago profit, as the coronavirus-induced lockdown kept people away from gaming tables.

Net loss attributable to Las Vegas Sands was US$1 million in the quarter ended March 31, compared to a profit of US$582 million a year ago.

 

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