Las Vegas Sands Climbs On Glimmer Of Hope In Macau

Las Vegas Sands (LVS) shares climbed in after-hours trading Wednesday on improved margins for its casinos in Macau, the world's top gambling destination. The casino company's Q2 earnings per share declined 29% to 60 cents, in lines with the consensus. Revenue adjusted for promotions slid 19.3% to $2.92 billion, below Wall Street estimates for $2.99 billion. Revenue at the Sands China unit fell 26% to $1.77 billion, as Macau suffers from tighter

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