This material may not be published, broadcast, rewritten or redistribu)FILE - This June 17, 2014 file photo shows the Sands Expo and Convention Center and The Palazzo in Las Vegas.
Las Vegas Sands Corp. (LVS) on Wednesday, Jan. 27, 2021 reported a fourth-quarter loss of $299 million, after reporting a profit in the same period a year earlier.
(AP Photo/John Locher, File)LAS VEGAS ā Las Vegas Sands Corp. posted a fourth-quarter loss of $299 million, after reporting a profit in the same period a year earlier, as the casino and resort operator saw its business dry up due to the coronavirus pandemic.
This is the first quarter Las Vegas Sands is reporting after the death of its CEO and chairman, Sheldon Adelson, earlier this month.
Las Vegas Sands shares have fallen 18% since the beginning of the year.