Singapore the story for Las Vegas Sands in Q4

• A 16% drop in revenue at Sands China took its toll on Las Vegas Sands (NYSE:LVS)  in Q4.
• Macau casino revenue was off more than room revenue on softer VIP traffic.
• The company also saw a 6% drop in revenue from its Las Vegas operations during the quarter.
• Adjusted EBITDA property margin for Vegas was down 140 bps to 21.5%.
• Marina Bay Sands in Singapore accounted for more than a third of Las Vegas Sands' EBITDA growth.
• LVS +2.5% after-hours