Casino — Net revenues
Las Vegas Sands Casino — Net revenues decreased by 0.1% to $2.74B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 28.8%, from $2.13B to $2.74B. Over 4 years (FY 2021 to FY 2025), Casino — Net revenues shows an upward trend with a 116.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests higher gaming volume or improved hold percentages, while a decrease may indicate reduced foot traffic or competitive pressure in the gaming market.
Detailed definition
Represents the total revenue generated from gaming operations after deducting promotional allowances and gaming taxes. T...
Peer comparison
Standard across all casino and integrated resort operators, often compared as 'Gaming Revenue' or 'Casino Revenue' by peers like MGM or Wynn.
lvs_segment_casino_net_revenuesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $110.00M | $141.00M | $139.00M | $61.00M | $0.00 | $0.00 | $0.00 | $1.54B | $1.86B | $2.01B | $2.11B | $2.23B | $2.04B | $1.94B | $2.10B | $2.13B | $2.42B | $2.51B | $2.74B | $2.74B |
| QoQ Change | — | +28.2% | -1.4% | -56.1% | -100.0% | — | — | — | +20.8% | +7.8% | +5.1% | +5.5% | -8.7% | -4.9% | +8.7% | +1.1% | +13.5% | +3.8% | +9.4% | -0.1% |
| YoY Change | — | — | — | — | -100.0% | -100.0% | -100.0% | >999% | — | — | — | +44.6% | +9.3% | -3.6% | -0.3% | -4.5% | +18.7% | +29.4% | +30.3% | +28.8% |
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Frequently Asked Questions
- What is Las Vegas Sands's casino — net revenues?
- Las Vegas Sands (LVS) reported casino — net revenues of $2.74B in Q1 2026.
- How has Las Vegas Sands's casino — net revenues changed year-over-year?
- Las Vegas Sands's casino — net revenues increased by 28.8% year-over-year, from $2.13B to $2.74B.
- What is the long-term trend for Las Vegas Sands's casino — net revenues?
- Over 4 years (2021 to 2025), Las Vegas Sands's casino — net revenues has grown at a 116.8% compound annual growth rate (CAGR), from $443.00M to $9.79B.
- What does casino — net revenues mean?
- The total money earned from casino gaming operations after accounting for promotional discounts and taxes.