George Troy's questions to Las Vegas Sands Corp (LVS) leadership • Q4 2024
Question
George Troy of Citigroup inquired about the popularity and potential long-term hold rate impact of new baccarat side bets in Macau. He also asked if new premium mass gaming capacity had opened at the Londoner Grand.
Answer
Chairman and CEO Robert Goldstein explained that the new side bets are akin to higher-margin sports betting parlays and have great potential, though it is still 'early days.' An executive, likely Grant Chum, confirmed that a new premium mass salon was recently opened on Level 1 of the Londoner Grand, timed with the increase in available suites.