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HOME > NEWS > Investor News > Sands China quarterly net rises 17% on middle-class gamblers

Sands China quarterly net rises 17% on middle-class gamblers

2 November 2012

Bloomberg reports that Sands China Limited, the Macau casino operator controlled by billionaire Sheldon Adelson, posted a 17 percent climb in third-quarter profit as spending by middle-class Chinese gamblers boosted earnings.

Bloomberg states that net revenue jumped 37 percent to $1.64 billion as the Macau operator benefited from its newest resort, Sands Cotai Central, which opened in April.

Sands China quarterly net rises 17% on middle-class gamblers is republished from CasinoCityTimes.com
 
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