Endorsed by Gambling911

Sands China Profit Falls Dramatic 43 Percent

Written by:

Aaron Goldstein

Published on:

Feb/22/2016

Sands China Profit Falls Dramatic 43 Percent

Bad news for Sands China as the casino giant run by Sheldon Adelson witnessed a net profit drop of 43 percent in 2015, much of this due to a market meltdown in the Macau gaming industry.

Ad: Open an Online Betting Account Today at AceSportsbook. Receive Next Day Payouts and Hundreds of Dollars in Signup Bonuses Here

Compared to 2014, when the net profit reached $2.55 billion, in 2015 the company generated almost half that amount ($1.46 billion).

Addison noted that Sands continued to generate “market-leading visitation and financial results.” while welcoming more than 68 million visitors during the year in question.

- Aaron Goldstein, Gambling911.com

Business/Financial News

3 Signs Your Betting Software for Bookies is Out-of-Date

These three warning signs indicate that your betting software for bookies isn’t providing you with the tools and features you need to achieve your full revenue potential.

The Growing Interest in USDT Among Gamblers

Bitcoin has long been the standard when it comes to funding betting accounts with offshore sportsbooks and online casinos ever since we here at Gambling911.com suggested the concept to an industry colleague back around 2014.

Can Cryptocurrency Eventually Replace Fiat Money?

There has been growing interest in cryptocurrencies in the recent past, which has made most people suggest that banks will become redundant soon. The idea behind Bitcoin and the entire cryptocurrency movement is to decentralize banking and eliminate the blocks that come with centralized management.

HBO Max Bitcoin Doc 'Least Compelling Satoshi Identities I've Ever Seen'

One popular Twitter personality familiar with the cryptocurrency sector places this documentary on the same level with QAnon.

Port Strike Ends: Bettors Lose

The union representing 45,000 striking U.S. dockworkers at East and Gulf coast ports reached a deal Thursday to suspend a three-day strike until Jan. 15 to provide time to negotiate a new contract.