---
schema_version: "secwatch.filing_event.v1"
accession: "0001300514-23-000034"
form_type: "8-K"
ticker: "LVS"
cik: "0001300514"
company_name: "LAS VEGAS SANDS CORP"
filed_at: "2023-04-19T23:59:59+00:00"
generated_at: "2026-06-16T23:25:31.931328+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Las Vegas Sands Q1 revenue $2.12B; adjusted property EBITDA $792M as recovery accelerates

## Summary
- Net revenue $2.12B (up from $943M YoY); net income $145M vs net loss $478M YoY.
- Consolidated adjusted property EBITDA $792M vs $110M prior year; MBS EBITDA $394M.
- MBS mass gaming revenue record $549M; Macao portfolio mass gaming hit $1B first since 2019.
- SCL net revenue $1.27B (up from $547M); net loss $10M vs $336M loss YoY.
- Cash $6.53B, total debt $15.97B; capex $166M in Q1.

## SEC filing metadata
- accession: 0001300514-23-000034
- form_type: 8-K
- ticker: LVS
- cik: 0001300514
- company_name: LAS VEGAS SANDS CORP
- filed_at: 2023-04-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1300514/000130051423000034/0001300514-23-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1300514/000130051423000034/lvs-20230419.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001300514-23-000034
- JSON: https://secwatch.observer/filing/0001300514-23-000034.json
- Plain text: https://secwatch.observer/filing/0001300514-23-000034.txt

## Key facts
- Earnings Releases
  LAS VEGAS SANDS CORP reported first quarter ended March 31, 2023 results: revenue $2.12 billion, net income $145 million.
  - Period: first quarter ended March 31, 2023
  - Revenue: $2.12 billion
  - Net income: $145 million
  - Result: reported results
  source text: Net revenue was $2.12 billion, compared to $943 million in the prior year quarter. Operating income was $378 million, compared to an operating loss of $302 million in the prior year quarter. Net income from continuing operations in the first quarter of 2023 was $145 million, compared to a net loss from continuing operations of $478 million in the first quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1300514/000130051423000034/0001300514-23-000034-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.