Sands China 2010 net profit triples

Sands China (1928.HK), the Macau-based casino operator run by billionaire Sheldon Adelson, said 2010 net profit more than tripled, driven by surging demand in the world’s largest gaming market.

The company said on Tuesday net profit rose to $666.5 million from $215 million a year ago, above a consensus forecast of $606 million from 14 analysts polled by Thomson Reuters I/B/E/S. Sands, 70 percent owned by U.S. gaming giant Las Vegas Sands (LVS.N), said net revenue rose 26 percent to $4.1 billion in 2010.

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