The Latest in Las Vegas Sands
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Featured

Wynn and LVS Feature in Forbes 2020 Best Employers List

A number of Las Vegas casino and gaming companies were included in the America’s Best Employers by State list by Forbes. The global media giant released the second edition of its annual rankings which feature 5 casino operators and 1 technology provider among the 25 places reserved for Nevada, August 25. The Forbes survey is […]
Wynn and LVS Feature in Forbes 2020 Best Employers List
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Business

Las Vegas Sands President Outlines Strategy for Recovery

Robert Goldstein, president at Las Vegas Sands, has confirmed that Las Vegas and Nevada face hard times ahead, but recovery is possible and LVS has already set a plan in motion. Las Vegas Needs to Adapt to New Realities Speaking to CNBC on Thursday, Las Vegas Sands president Robert Goldstein confirmed that Las Vegas will […]
Las Vegas Sands President Outlines Strategy for Recovery
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Business

Las Vegas Sands, Sheldon Adelson to Pay Employees Through At Least October 31

Las Vegas Sands will keep paying health benefits and salaries to all of its 10,000 employees through at least October 31, company chairman and CEO Sheldon Adelson has said. Sheldon Adelson Vows to Pay Employees Through October 31 Las Vegas Sands will continue to support workers by maintaining pay and covering benefits through at least […]
Las Vegas Sands, Sheldon Adelson to Pay Employees Through At Least October 31
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Business

Las Vegas Sands Pulls out of Japan Integrated Resort Bid

Gaming and hospitality industry giant Las Vegas Sands is pulling out of Japan’s integrated resort bid. Japan IR Bid No Longer a Plan for Las Vegas Sands Las Vegas Sands has withdrawn its bid for a Yokohama prefecture Integrated Resort (IR) in Japan, the company announced in a press release on Tuesday, May 12. An […]
Las Vegas Sands Pulls out of Japan Integrated Resort Bid
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Casino

Eldorado Might Sell Several Caesars Las Vegas Strip Properties

Eldorado is rumoured to be considering the sale of some properties within the Caesars Palace on the Las Vegas Strip, after the merger between the two rival companies is finalized later this year. Sales Of Assets The $17.3 billion acquisition of Caesars Entertainment by its rival in the casino and hospitality industry, Reno-based Eldorado Resorts, […]
Eldorado Might Sell Several Caesars Las Vegas Strip Properties
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Casino

Coronavirus Prompts Macau to Issue Warnings to Casino Operators

As Macau continues to monitor the coronavirus outbreak, U.S. operators who own properties in the gaming hub have said they will be willing to shut down their operations temporarily to help fight the spread of the pathogen. Operators Ready to Shut Down in Macau to Curb Threat of Coronavirus Several U.S. casino operators have confirmed […]
Coronavirus Prompts Macau to Issue Warnings to Casino Operators
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Business

AAEC Vs (LVS) US$12bln Lawsuit Pushed to 2020

Lawsuit facing Las Vegas Sands Corp postponed to September 2020 AAEC, the complainant, moved to court to request the extension The news comes during LVS’s third-quarter earnings call that co-founder and chairman, Sheldon Adelson attended A $12 billion lawsuit filed by Asian American Entertainment Corporation (AAEC), against Las Vegas Sands Corp has been moved to […]
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Business

Las Vegas Sands Ready to Invest Up to $12bn in Japan

LVS plans to invest up to $12 billion for an integrated resort Sheldon Adelson health has improved Sands to target a top-tier city for its Japanese expansion Sheldon Adelson returned to Las Vegas Sands Q3, 2019 earnings calls, announcing plans to invest up to $12 billion in a future integrated resort project in Japan. Las […]
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Business

Las Vegas Casino Operators See Dive in Macao Business

Macao’s VIP business suffers the consequences of the US – China trade war The Las Vegas Sands Corporation, MGM Resorts International and Wynn Resorts Ltd. all report on slumps in VIP business revenue Business analysts remain optimistic for the long-term future Business reports from Macao display a market-wide revenue decrease of 13.4% year-on-year for the […]
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Casino

Marina Bay Sands to Raise SG$8bn in New Expansion Effort

MBS applies for SG$8bn loan (US$6bn approx.) This is the first loan application for the company since 2012 Singapore approves MBS expansion Marina Bay Sands (MBS), subsidiary of Las Vegas Sands (LVS), is preparing to apply for a SG$8 billion loan that will be used in the expansion of the existing integrated resort owned by […]