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Las Vegas Sands misses Q2 estimates as Macao recovery remains slow

Las Vegas Sands misses Q2 estimates as Macao recovery remains slow

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"To improve our economic performance, we have begun streamlining our store network: closing unprofitable stores, converting integrated sites to franchises, carefully selecting our new franchise partners and opening new stores with high potential," recently appointed CEO Philippe Palazzi said in a statement. Sam was among the first batch of judges trained in Macau's Magistrates Training Centre and was appointed the president of Macau's Court of Final Appeal on the same day the territory was handed back to China on December 20, 1999.

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(Reporting by Anandita Mehrotra and Aishwarya Jain in Bengaluru; Editing by Tasim Zahid) The Nevada-headquartered company's quarterly adjusted profit per share of 86 cents also came ahead of Wall Street expectations of 62 cents.

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