Las Vegas Sands Corp.’s LVS first-quarter 2016 earnings per share (EPS) of 45 cents missed the Zacks Consensus Estimate of 61 cents by 26.23%.Las Vegas Sands Corporation (LVS) Street EPS & Surprise Percent - Last 5 Quarters | FindTheCompany Adjusted EPS declined almost 32% year over year due to lower revenues and profits.Quarterly net revenue of $2.72 billion missed the Zacks Consensus Estimate of $2.88 billion by 5.72% and declined 9.8% year over year due to weak performance in Macau.The operating scenario in Macau continued to remain difficult, thereby hurting earnings and revenues in the first quarter of 2016. Gross gaming revenues in Macau declined in double digits once again. The anti-graft corruption drive undertaken by the Chinese government is keeping VIP gamblers at bay, thereby hurting Macau revenues. Hence, revenues from Macau, which is a key operating region for the company, have been weak for more than a year now.However, the company’s domestic business has been doing well. It showed positive sales and profits.On a consolidated basis, adjusted property EBITDA decreased 12.7% year over year to $917.6 million during the quarter owing to lower revenues.Weak revenues in the Macau property portfolio and lower win percentage on Rolling Chip play at Marina Bay Sands in Singapore hurt profits in the quarter.Property Details: Asian OperationsThe company's Asian business includes the following resorts:Marina Bay Sands, SingaporeRevenues at Marina Bay Sands declined 23.1% year over year to $603.7 million, owing to a 28.3% decrease in casino revenues, a 21.3% drop in convention retail and other revenues and a 2% fall in mall revenues. However, the decrease was partially offset by a 1.8% increase in food and beverage revenues.Meanwhile, Rolling Chip volume decreased 4.5%, while Non-Rolling Chip drop fell 9.2%.Four Seasons Hotel Macau and Plaza CasinoRevenues at Four Seasons Hotel Macau and Plaza Casino plunged 8.1% to $148.3 million due to an 11.3% decline in casino revenues, a 21.5% drop in room revenues, a 3% fall in food and beverage revenues, and a 33.3% decrease in convention retail and other revenues.Non-Rolling Chip drop rose 31%, while Rolling Chip volume decreased 33.8%. Adjusted property EBITDA increased 8.3% to $65.8 million.Sands MacauSands Macau's revenues also declined 22.3% year over year to $175.1 million owing to a 22.5% decline in casino revenues, a 7.1% fall in room revenues and a 23.1% drop in food and beverage revenues. Adjusted property EBITDA fell 46% to $31 million.Both Non-Rolling Chip drop and Rolling Chip volume decreased 11.4% and 11.3%, respectively during the quarter.The Venetian MacauNet revenue decreased 4.9% year over year to $749 million at The Venetian Macau due to a 3.3% decline in casino revenues, a 22.5% drop in room revenues, a 13.6% fall in food and beverage revenues, and a 36.2% plunge in convention, retail and other revenues. Non-Rolling Chip drop declined 5.2% and Rolling Chip volume decreased 3.4%.Adjusted property EBITDA was down 0.8% to $267.8 million in the reported quarter.Sands Cotai CentralNet revenue at Sands Cotai Central fell 7.3% year over year to $530.3 million owing to a 6.9% decline in casino revenues, a 7.4% drop in room revenues, a 7.5% fall in food and beverage revenues, and a 26.5% plunge in convention retail and other revenues, offset slightly by a 14.1% increase in mall revenues.Non-Rolling Chip drop declined 8.6% and Rolling Chip volume declined 40.8%. Adjusted property EBITDA was $163.5 million, up 4.9%.Domestic OperationsLas Vegas OperationsNet revenue from Las Vegas operations, which comprise The Venetian Las Vegas and The Palazzo, increased 2.3% year over year to $384.9 million driven by a 13% increase in room revenues, and a 7.7% rise in food and beverage revenues. However, the increase was partially offset by a 3.5% decrease in convention, retail and other revenues, and a 6.6% decline in casino revenues. Table Games Drop fell 9.3%.Adjusted property EBITDA rose 17.3% year over year to $86.9 million.Sands Bethlehem, PANet revenue at Sands Bethlehem was $138.7million in the quarter, up 8.6% year over year, attributable to a 9.5% increase in casino revenues and a 16.7% improvement in convention, retail and other revenues. Table Games Drop was up 6.7%. Adjusted property EBITDA decreased 26.1% year over year to $37.7 million in the quarter.Las Vegas Sands has a Zacks Rank #2 (Buy).Other Stocks to ConsiderSome well-ranked stocks in the gaming industry include Boyd Gaming Corporation BYD, with a Zacks Rank #1 (Strong Buy), and Monarch Casino & Resort Inc. MCRI and Wynn Resorts Ltd. WYNN, both carrying a Zacks Rank #2.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report LAS VEGAS SANDS (LVS): Free Stock Analysis Report WYNN RESRTS LTD (WYNN): Free Stock Analysis Report BOYD GAMING CP (BYD): Free Stock Analysis Report MONARCH CASINO (MCRI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research