Sands China reported a net loss of US$549 million, compared to net income of US$511 million in the second quarter of 2019. Aadjusted property EBITDA loss was US$312 million for the second quarter of 2020, compared to an adjusted property EBITDA of US$765 million for the second quarter of 2019, the Macau casino owner said. Net revenues plunged by 98.1 percent, compared to the second quarter of 2019, to US$40 million. Casino revenue at The Venetian Macao dived by 99.3 percent to US$5 million, from US$698 million in the year before quarter.

Source: The Standard July 22, 2020 15:33 UTC