American casino giant Las Vegas Sands Corporation has released its third-quarter financial results showing that its Macau-facing Sands China Limited subsidiary saw total net revenues for the period increase by 12.2% year-on-year to hit $1.93 billion.

Sands China Limited is responsible for The Venetian Macao, Sands Cotai Central, The Parisian Macao, Sands Macao and The Plaza Macao properties and reported net income for the three months to the end of September of $403 million, which represented a rise of some 24.4% year-on-year.

At The Venetian Macao, Las Vegas Sands Corporation reported that third-quarter net revenues had dropped by 7.1% year-on-year to $718 million while adjusted earnings before interest, tax, depreciation and amortization fell by 16.5% to $263 million.

“In the third quarter of 2017, there were approximately 8% fewer rooms available compared to the same quarter of the prior year,” read a statement from Las Vegas Sands Corporation. “Non-rolling chip drop increased 10.4% for the quarter to reach $1.89 billion. Non-rolling chip win percentage was 22.8% compared to 25.6% in the third quarter of 2016. Rolling chip volume was $6.9 billion with a rolling chip win percentage of 3.28%, [which was] within the expected range and below the 3.75% experienced in the prior-year quarter.”

Likewise, Las Vegas Sands Corporation declared that three-month net revenues at its Sands Cotai Central venue had decreased by 8.5% year-on-year to $474 million with adjusted earnings before interest, tax, depreciation and amortization declining by 11.9% to $155 million.

Last week saw Las Vegas Sands Corporation unveil a plan that will see it spend approximately $1.1 billion in order to expand the Cotai Strip property before rebranding it as The Londoner Macao. The venue’s third-quarter non-rolling chip drop was reported as $1.44 billion off of a win percentage of 20.4% while rolling volumes came in at $2.85 billion with a percentage 1.5% lower year-on-year at 2.66%.

However, Las Vegas Sands Corporation explained that business was better its The Parisian Macao as third-quarter net revenues swelled by 15.8% year-on-year to reach $418 million while adjusted earnings before interest, tax, depreciation and amortization improved by 27.4% to 135 million.

Las Vegas Sands Corporation proclaimed that The Parisian Macao has now become established as a ‘must-see’ property while its performance over the third quarter was helped by ‘strong visitation’. Its non-rolling chip volume for the period hit $1 billion with a win percentage of 20.9% while rolling chip drop came in at $6.95 billion with its percentage declining only 0.78% quarter-on-quarter to 3.11%.

For its Sands Macao property, Las Vegas Sands Corporation stated that net third-quarter revenues had fallen by 14.4% year-on-year to $143 million while adjusted earnings before interest, tax, depreciation and amortization declined by 10.9% to $41 million. In its casino, non-rolling chip drop came in at $603 million while its rolling chip volume reached $680 million off of a win percentage that was 0.9% lower at 1.13%.

Finally, Las Vegas Sands Corporation announced that its The Plaza Macao operation reported an 8.7% deterioration year-on-year in net third-quarter revenues to $147 million with its adjusted earnings before interest, tax, depreciation and amortization falling some 16.1% to $52 million.

“In the third quarter of 2017, there were approximately 6% fewer rooms available [at The Plaza Macao] compared to the same quarter of the prior year,” read the statement from Las Vegas Sands Corporation. “Non-rolling chip drop increased by 10% compared to the same quarter last year to reach $297 million with a non-rolling chip win percentage of 23.1%. Rolling chip volume increased by 56.1% to reach $3.13 billion for the quarter. Rolling chip win percentage of 2.23% in the third quarter of 2017 was below the expected range and below the win percentage of 3.67% in the prior year.”