Venetian profit drops; cash flow, advancing revenue - 2004-02-03
Las Vegas Sands Inc., proprietor of The Venetian resort and the Grand Canal Shops on the Las Vegas Strip, today disclosed fourth-quarter cash flow of $63.4 million, an rise of 8.7 percent from the year-ago quarter.
Revenue for the fourth quarter of 2003 was $164.1 million, a boost of 6.6 percent from the fourth quarter of 2002.
Planning the development of an additional megaresort on the Strip between The Venetian and Steve Wynn's hotel-casino.
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