Sands China generated $1.93 billion in net revenue during the third quarter of 2026, an 8.4% increase from the June quarter and 1.4% more than a year earlier. The result came as gaming activity grew across the operator's Macau portfolio, according to reporting by Ben Blaschke for Inside Asian Gaming.
The company's mass-market gaming revenue share reached 26.1%, its strongest result since the fourth quarter of 2023. Its third-quarter presentation also showed year-on-year growth of 31% in rolling-table volume, 11% in non-rolling table volume and 26% in slots and electronic table-game handle.
Higher volume did not translate into matching profit growth. Adjusted property EBITDA from the Macau operations was $529 million, 12% below the same quarter last year, although it improved from $430 million in the preceding quarter. The margin narrowed to 27.3% from 31.5% a year earlier.
Performance varied across the portfolio. Revenue at The Venetian Macao fell 6.2% year on year to $649 million, while The Londoner Macao was nearly flat at $685 million. Four Seasons and Plaza Casino revenue rose 15.5% to $238 million, and Sands Macao increased 37.5% to $99 million. Management said weaker high-end demand and the hold result at The Londoner weighed on profitability despite the broader market-share gain.
