Las Vegas Sands Corp. reported strong financial results for the second quarter of 2025, surpassing analyst estimates across key metrics. The company posted revenue of $3.18 billion, exceeding the $2.83 billion consensus, with operating profit reaching $783 million compared to the estimated $628 million. Net income stood at $519 million, and pretax profit was $609 million. Adjusted earnings per share were $0.79. The performance was driven primarily by a record-breaking quarter at Marina Bay Sands in Singapore, which delivered $768 million in adjusted property EBITDA, boosted by high Rolling Play hold. Meanwhile, Macau operations showed signs of life but underperformed, prompting Las Vegas Sands to adjust its customer reinvestment strategy. Capital expenditures declined to $286 million as the renovation cycle subsided. CEO Rob Goldstein emphasized the importance of the China economy to the company’s business outlook during discussions of the quarter’s results.