Macao visitation from mainland China increased by 36.3% YoY, and gross gaming revenue increased by 31.3% YoY for the nine months ended September 30, 2024.

Singapore visitation increased to approximately 12.6 million for the nine months ended September 30, 2024, from approximately 10.1 million for the same period in 2023.

The construction commencement deadline for the MBS Expansion Project has been extended to July 8, 2025, with completion anticipated in June 2030 and opening in January 2031.

The company has a strong balance sheet and sufficient liquidity, including $4.21 billion in unrestricted cash and access to additional borrowing capacity.

Management believes the Company was in compliance with all debt covenants as of September 30, 2024.

The company continues work on Phase II of The Londoner Macao and renovations at Marina Bay Sands, upgrading the overall guest experience.

The company is exposed to market risks, including interest rate risk associated with long-term debt and foreign currency exchange rate risk associated with operations outside the United States.

The company faces risks related to regulatory policies in China and other countries, including visa restrictions and restrictions on foreign currency exchange.

The company faces increased competition for labor and materials due to planned construction projects and quota limits on hiring foreign workers.

Rolling Chip win percentage decreased YoY in The Venetian Macao, The Londoner Macao, and The Parisian Macao.

Rolling Chip volume decreased YoY at Marina Bay Sands.

The company faces increased competition in Macao and Singapore, including increases in hotel rooms, meeting and convention space, retail space, and potential additional gaming licenses.

Operating expenses increased to $2.18 billion in Q3 2024, up from $2.11 billion in Q3 2023, primarily due to increases in gaming taxes, corporate expenses, and development expenses.

Depreciation and amortization expenses increased to $324 million in Q3 2024, up from $313 million in Q3 2023, primarily due to new assets placed into service.

Loss on disposal or impairment of assets was $11 million in Q3 2024, primarily due to demolition costs related to Phase II of The Londoner Macao and room renovations at Marina Bay Sands.

Development expenses increased to $55 million in Q3 2024, up from $44 million in Q3 2023, primarily due to increased efforts related to digital gaming pursuits.

The report does not provide specific details on R&D investments, but mentions increased efforts related to digital gaming.

The report does not provide specific details on new technology capabilities.

The Board of Directors authorized increasing the remaining share repurchase amount to $2.0 billion and extending the program's expiration date to November 3, 2026.

The company repurchased 28,746,681 shares of its common stock for approximately $1.31 billion in the nine months ended September 30, 2024.

The Board of Directors declared a quarterly dividend of $0.20 per common share to be paid on November 13, 2024.

The report does not provide specific details on environmental commitments and progress.

The report does not provide specific details on social responsibility initiatives.

The report does not provide specific details on governance practices.

Macao visitation from mainland China increased by 36.3% YoY, and gross gaming revenue increased by 31.3% YoY for the nine months ended September 30, 2024.

Singapore visitation increased to approximately 12.6 million for the nine months ended September 30, 2024, from approximately 10.1 million for the same period in 2023.

The report highlights the uncertainty of consumer behavior related to discretionary spending and vacationing at the Integrated Resorts in Macao and Singapore.