Asia Gaming eBrief: Macau hold drags Sands China quarterly profit down 50%

The house does not always win—at least not at the expected rate. Sands China’s quarterly profit dropped 50 percent after weak VIP hold reduced Macau EBITDA by an estimated $87 million, but higher gaming volumes and a larger share of high-value play kept its $700 million quarterly EBITDA goal intact. Elsewhere in Macau…