Las Vegas Sands (NYSE:LVS) executives highlighted record performance at Marina Bay Sands and ongoing efforts to improve profitability in Macau during the company’s fourth quarter 2025 earnings call, while also outlining continued capital returns to shareholders and a leadership transition for Chairman and CEO Rob Goldstein. Mass gaming in Singapore exceeded $951 million during the quarter, which he said was up 118% from fourth quarter 2019 and up 27% from the prior year’s fourth quarter. During the Q&A, management also addressed the impact of Singapore’s higher mass gaming tax rate. He said these initiatives have seen “good take-up,” even as base mass gaming remains slower than premium growth. Stay the course.”About Las Vegas Sands (NYSE:LVS)Las Vegas Sands (NYSE: LVS) is a global developer and operator of integrated resorts, focused on large-scale properties that combine casino gaming with hotels, convention and exhibition facilities, retail, dining, and entertainment.