Sands: Las Vegas Sands posts lower Q1 profit as Macau revenue declines

Las Vegas Sands Corp (LVS) reported a decline in first-quarter revenue and earnings on Wednesday, weighed down by softer performance in its Macau operations despite record margins at its Marina Bay Sands property in Singapore. Net revenue for the quarter ended March 31 fell to $2.86 billion from $2.96 billion a year earlier. Operating income dropped to $609 million from $717 million, while net income...