Las Vegas Sands Q1 revenue down to $2.86bn; Macau softness offsets Marina Bay gains

Net income down 30% year-on-year despite continued capital investment, strong liquidity and $450m share repurchase. Key points:  - Q1 2025 net revenue reached $2.86bn, down 3.4% year-on-year   - Net income declined 30% to $408m; consolidated adjusted property EBITDA fell 5.8% to $1.14bn   - Marina Bay Sands posted $605m in adjusted property EBITDA, up 12.7% quarter-on-quarter   Las Vegas Sands has reported ...