Billionaire Sheldon Adelson's Las Vegas Sands Corp disappointed investors with a lower-than-expected quarterly profit at its Singapore casino-resort, sending the company's shares down 10 percent.
Sands posted first-quarter earnings below Wall Street forecasts and said lower-than-normal casino table game winnings hit its Singapore revenue by about $30 million and its Las Vegas revenue by about $45 million. Full story
Related:
Las Vegas Sands (LVS) Kicked in Teeth on Earnings - Forexhound
