Las Vegas Sands cites high-end softness for third-quarter earnings decline

Las Vegas Sands reported third-quarter earnings that decreased modestly year-over-year as the company continues to expand its property in Singapore and return capital to shareholders. Net revenue was $3.2 billion, compared to $3.3 billion in the prior year quarter. Operating income was $618 million, down from $719 million in the third quarter of 2025, the company said Wednesday. The Las Vegas-based company also reported net income in the third quarter was $352 million, compared to $491 million in the same quarter last year.