Shortly after The Wall Street Journal posted a story Monday afternoon about the Las Vegas Sands Corp. reporting that second-quarter earnings fell 30 percent due to poor returns from its Macau properties, I sent an email to a couple of former Review-Journal writers asking: “wonder what the headline will be tomorrow?”
The hed at WSJ: “Las Vegas Sands Profit Falls 30%, Hurt by Macau Declines.”
The hed in the R-J print version today: “MACAU CASINO: The Parisian gets opening date: Las Vegas Sands resort debuts Sept. 13.”
The online hed is: “Sands to open The Parisian in Macau on Sept. 13.”
Here are the opening two paragraphs:
Las Vegas Sands Corp. will open The Parisian, a resort embellished with a half-scale replica of the Eiffel Tower, in Macau on Sept. 13, the company said Monday in its earnings call with investors.
Sands Chairman and CEO Sheldon Adelson revealed the opening date and new details about the $2.9 billion, 3,000-room resort on Macau’s Cotai Strip before telling investors that second-quarter earnings dipped 32.2 percent to $394.4 million, 41 cents a share, compared with $581.5 million, 59 cents a share, in the same quarter a year ago. Revenue fell 9.3 percent to $2.65 billion for the quarter that ended June 30 compared with $2.92 billion a year ago.
A year ago the Las Vegas morning paper’s hed reported: “Sands quarterly earnings tumble over Macau concerns.” The lede recounted a 30.1 percent drop in profits.