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Las Vegas Sands Launches Multimillion-Dollar Ad Campaign To Push For Casinos In Texas - Texas Tribune
Vici Properties To Acquire Venetian Resort's Real Estate In Las Vegas
Sands Reaches Agreement To Sell Las Vegas Properties For $6.25 Bln
Las Vegas Sands Corp. is a developer of destination properties (integrated resorts) that feature accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities. The Company owns and operates integrated resorts in Asia and the United States. The Company's principal operating and developmental activities occur in three geographic areas: Macao, Singapore and the United States. In Macao, the Company's segments include The Venetian Macao; Sands Cotai Central; The Parisian Macao; Four Seasons Macao; Sands Macao, and Other Asia (comprises the Company's ferry operations and various other operations). In Singapore, the Company's segments include Marina Bay Sands. In the United States, the Company's segment is Las Vegas Operating Properties. The Company also offers players club loyalty programs at its properties, which provides access to rewards, privileges and members-only events.
Casinos & Gaming
3355 Las Vegas Blvd S Rm 1A
LAS VEGAS, NV
Robert Glen Goldstein
Chairman of the Board, Chief Executive Officer
President, Chief Operating Officer, Director
Randy A. Hyzak
Chief Financial Officer, Executive Vice President
D. Zachary Hudson
Executive Vice President, Global General Counsel, Secretary
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As the coronavirus pandemic continues to strain travel, law firm dealmakers are taking advantage of the latest ownership shakeup in the hospitality industry.
Las Vegas Sands Corp , founded by late casino mogul Sheldon Adelson, will sell its Vegas properties for $6.25 billion, exiting the U.S. gambling hot spot after three decades to focus on Asia, home to the world's largest gambling hub, Macau.
Casino operator Las Vegas Sands Corp said on Wednesday it would sell its Las Vegas real estate property and operations to Apollo Global Management Inc for about $6.25 billion.
Las Vegas Sands Corp, the world's largest casino company, on Tuesday named its long-time executive, Robert Goldstein, as chairman and chief executive officer.
Combative self-made billionaire Sheldon Adelson, who assembled the world's largest casino empire and used his fortune to nurture conservative politicians and policies in the United States and Israel, has died at age 87.
Casino operator Las Vegas Sands Corp is exploring a sale of its flagship casinos in Las Vegas for about $6 billion, a source told Reuters on Monday, with the move likely to mark the exit of the group's chairman from the U.S. gambling industry for now.
Japan has no plan to change its schedule regarding the launch of integrated resorts (IR) - Las Vegas-style complexes that include casinos and shopping arcades - despite Las Vegas Sands' <LVS.N> decision to end its plan to open an IR casino in Japan, a top government spokesman...
Las Vegas Sands <LVS.N> said it has ended plans to open an integrated resort (IR) casino in Japan, dealing another blow to Japan's attempts to energise its economy through tourism.
The winking airport slot machines that tell visitors they have arrived in Nevada's Sin City are turned off and wrapped in police tape; the famed Las Vegas Strip is so empty a group of bicyclists zooms down the middle on a Friday night.
Las Vegas Sands Corp <LVS.N> on Wednesday posted a first-quarter loss as the coronavirus kept consumers at bay, but the casino operator struck an optimistic note as pent-up demand for gambling pointed to a speedy recovery in Asia.
* QTRLY REVENUE FROM MACAO OPERATIONS $814 MILLION VERSUS $2,334 MILLION
* Q1 REVENUE $1.78 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.1 BILLION
Casino operator Las Vegas Sands Corp reported a loss for the first quarter compared to a year-ago profit, as the coronavirus-induced lockdown kept people away from gaming tables.
* LAS VEGAS SANDS AFFIRMS STRATEGIC PRIORITIES AMID COVID-19 PANDEMIC
Japan's second-largest city, Yokohama, said on Thursday it would bid to host a casino resort, a newly legalized industry the government hopes will stimulate the economy and tourism.
Las Vegas's Wynn Resorts has made a $7.1 billion takeover offer for Australian casino giant Crown Resorts Ltd, a move to expand its global footprint and hedge against the expiration of its license in Macau.
* Q1 EARNINGS PER SHARE VIEW $0.85 -- THOMSON REUTERS I/B/E/S
* LAS VEGAS SANDS SAYS CEO SHELDON ADELSON'S FY 2017 TOTAL COMPENSATION WAS $26.1 MILLION WHICH INCLUDED $12.5 MILLION IN NON-EQUITY INCENTIVE PLAN COMPENSATION
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