Las Vegas Sands Corp. (LVS) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

President of Investor Relations at SANS. Sir, the floor is yours. Thank you. Joining the call today are Rob Goldstein, our Chairman and CEO, Patrick Dumont, our President and Chief Operating Officer, Dr. Wilfred Wong, Executive Vice Chairman of SANS China, and Grant Chom, CEO and President of SANS China and EVP of our Asia operation. Today's conference call will contain four statements. We will be making those statements under the safe harbor provision of federal securities laws, the language, On forward-looking statements included in our press release, NAK filing also applies to our comments made in the press today. The company's actual results may differ materially from the results reflected in those forward-looking statements. In addition, we will discuss non-GAAP measures, reconciliations to the most comparable GAAP financial measure included in our press release. We have posted an earnings presentation on our website. We will refer to that presentation during the call. Finally, for the Q&A session, we ask those with interest Please pose one question, one follow-up, so we might allow everyone with interest the opportunity to participate. This presentation is being recorded. I'll now turn the call over to Rob. Thanks, Dan, and good afternoon. Thank you for joining us. Maria Bay Sands had a historic quarter, EBITDA of $768 million. We had forecasted that MDS could do $2.5 billion annually, and that may just happen this year. All the pieces are in place for this property to continue to perform. Mass Gaming and Slotwin did $843 million, reflecting a 97% growth from Q2 of 2019 and 40% higher than last year. Same quote. We are in the right place at the right time. Singapore is a very desirable destination, and our product is as good as it gets. It's difficult to find s...