Las Vegas Sands
0.14 %
-11.63 %
Yet to be announced
Company Overview
Las Vegas Sands Corp. develops, owns, and operates integrated resorts in Asia and the United States. The company also owns and operates The Venetian Resort Hotel Casino on the Las Vegas Strip; and the Sands Expo and Convention Center in Las Vegas, Nevada.
Revenue Sources
FailLas Vegas Sands derives a significant portion of its revenue from casino operations and gambling activities, which are considered haram. Based on their financial reports and business model, gambling revenue consistently represents more than 2.5% of total revenue across all quarters examined.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $2.86b | $2.43b | - | $179.0m | 0.00% | 7.36% |
| Dec. 31, 2024 | $2.9b | $2.49b | - | $180.0m | 0.00% | 7.24% |
| Sept. 30, 2024 | $2.68b | $2.36b | - | $179.0m | 0.00% | 7.59% |
| June 30, 2024 | $2.76b | $2.36b | - | $186.0m | 0.00% | 7.89% |
Looking at the last four quarters, interest expenses represent a significant portion of total expenses: Q3 2024: $179M, Q2 2024: $186M, Q1 2024: $182M, Q4 2023: $190M. These amounts consistently represent more than 5% of total expenses, indicating that interest plays a material role in the company's operations.
Operational Ethics
FailLas Vegas Sands operates significant properties in Macao, which is under Chinese jurisdiction. The company maintains substantial business relationships with Chinese government entities through its gaming concessions and operations, indicating material ties to the Chinese Communist Party.
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