Las Vegas Sands reports 3Q profits rise despite challenging quarter in gambling capital Macau

Industries Associated Press

Las Vegas Sands Corp. says despite a challenging three months in Macau the company's profit increased 7.2 percent due to a focus in part on non-gambling revenue.

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The casino-hotel company announced Wednesday in its third-quarter financial report that revenue dropped 1 percent compared to a year ago to $3.53 billion

CEO and Chairman Sheldon Adelson called it a solid set of financial results.

Shares of Las Vegas Sands added about 1.7 percent in after-hours trading.