Vintage yearMarina Bay Sands in Singapore has reported profits in excess of S$1bn (US$806m) for the fourth quarter of 2025 for its parent firm, Las Vegas Sands Corporation (LVS). The Venetian Las Vegas falls under Sands China and it posted LVS’ top gaming revenue figures for Sin City at US$584m, up by US$50m YoY. Reaping the rewardsLVS in 2020 was still led by casino legend Sheldon Adelson, who presided over a pivotal strategic decision to sell its Las Vegas assets and invest in the East instead. In a 2020 earnings call, LVS reported an 82% net revenue drop from US$3.3bn to US$586 year-on-year for Q3. At that time, LVS’s growing assets in Singapore and Macau each made more Q3 revenue than their Vegas counterparts.