For the historic hotel and casino that the company was named after, see Sands Hotel.
Las Vegas Sands Corp.
Company type
Public company
Traded as
NYSE: LVS
S&P 500 component
Industry
Hospitality, Tourism
Founded
November 17, 1988; 35 years ago (1988-11-17)
Founder
Sheldon G. Adelson
Headquarters
Las Vegas, Nevada, U.S.
Area served
Macau (under Sands China) Singapore
Key people
Robert G. Goldstein (Chairman & CEO) Patrick Dumont (President & COO) Randy Hyzak (Executive Vice President & CFO) D. Zachary Hudson (Executive Vice President & Global General Counsel)
Products
Gambling, hotels, entertainment, casinos, resorts
Revenue
US$10.4 billion (2023)
Operating income
US$2.31 billion (2023)
Net income
US$1.43 billion (2023)
Total assets
US$21.8 billion (2023)
Total equity
US$4.10 billion (2023)
Owner
Adelson family (56.7%)[1]
Number of employees
38,700 (2023)
Subsidiaries
Sands China (69.9% ownership)
Website
sands.com
Footnotes / references [2]
Las Vegas Sands Corp. is an American casino and resort company with corporate headquarters in Las Vegas, Nevada, United States. It was founded by Sheldon G. Adelson and his partners out of the Sands Hotel and Casino on the Las Vegas Strip. The Sands was demolished and redeveloped as The Venetian, opening in 1999. An adjacent resort, The Palazzo, opened in 2007. Both resorts were sold in 2022.
The company holds several resorts in Asia, including Marina Bay Sands in Singapore, which opened in 2010. Through its majority-owned subsidiary Sands China, the company owns several properties in Macau, including Sands Macao, The Londoner Macao, The Venetian Macao, and The Parisian Macao. As of 2020, it is the third-largest casino company worldwide by revenue.[3]
^"2021 Proxy statement". Archived from the original on February 28, 2022. Retrieved February 28, 2022.
^"Las Vegas Sands 2023 Annual Report". U.S. Securities and Exchange Commission. February 7, 2024.
^"Largest casino companies 2018". Statista. Archived from the original on August 2, 2021. Retrieved October 23, 2016.
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