By Fiona Simmons

Casino

Sands Sells Las Vegas Properties for $6.25Bn

March 3, 2021

Las Vegas Sands is to offload its Las Vegas real property and operations for an aggregate $6.25 billion, a month after founder Sheldon Adelson’s death. Apollo Global Management and VICI Acquire Las Vegas Empire On March 3, casino giant Las Vegas Sands announced that it has entered into an agreement to sell its Las Vegas […]

By Julie Moraine

Casino

Las Vegas Sands Exploring Opportunities in Online Gaming

January 28, 2021

Las Vegas Sands (LVS) is exploring opportunities related to online sports betting and iGaming, newly-appointed chairman and CEO of the casino and hospitality group Rob Goldstein told analysts Wednesday. Online Gaming in the Crosshairs Rob Goldstein, who was appointed as the successor of LVS founder Sheldon Adelson after the long-serving chairman and CEO passed away […]

By Jerome García

Casino

Robert Goldstein Steps in as Las Vegas Sands CEO

January 27, 2021

Robert Goldstein will step in as Las Vegas Sands’ new chief executive, taking the reins over from the late Sheldon Adelson. Las Vegas Sands Appoints Goldstein as New Founder Robert Goldstein is stepping in as Las Vegas Sands’ new chairman and chief executive officer, after serving at the company as an executive for years prior […]

By Melanie Porter

Industry

Insiders Claim Las Vegas Sands Looking Into Sports Betting

January 9, 2021

Insiders claim that Las Vegas Sands Corp may be looking into sports betting, against the previous statements of CEO Sheldon Adelson. Las Vegas Sands Looking Into Sports Betting According to insiders, Las Vegas Sands Corp. may be in talks to fully delve into the rapidly growing field of online sports betting. This would mark a […]

By Stoyan Todorov

Business

Sheldon Adelson Takes Medical Leave of Absence from LVS

January 8, 2021

Sheldon Adelson has requested an official medical leave of absence as he addresses his non-Hodgkin’s lymphoma, a type of blood cancer. Adelson on the Mend, Takes Medical Leave of Absence Las Vegas Sands Chairman and CEO Sheldon Adelson has faced numerous challenges regarding his health of late. Recovering from non-Hodgkin’s lymphoma, the casino mogul made […]

By Julie Moraine

Casino

Packer Allegedly Meets with Adelson, Fuels Crown Sale Rumor

January 3, 2021

An encounter in the French Caribbean further fueled speculation Crown Resorts’ major shareholder James Packer is looking for the way out of the company, seeking to cash in on his 36% stake in the casino and hospitality operator. Multi-Million Yachts Docked Beside Each Other James Packer celebrated New Year’s Eve on board of his $200 […]

By Julie Moraine

Casino

The Londoner Macao Set to Open Ahead of the Chinese New Year

December 16, 2020

Sands China is planning on opening its newly-rebranded The Londoner Macao property, GGRAsia reported, noting the availability of bookings for stays at the resort starting from January 22. Phase 1 Celebration According to the press release issued by the Chinese subsidiary of Las Vegas Sands (LVS) on Tuesday, the company is scheduling an official ceremony […]

By Julie Moraine

Business

Sands China and LVS Renew Their Shared Services Agreement

December 11, 2020

Sands China, the Asia-Pacific subsidiary of Las Vegas Sands (LVS), announced it renewed a Shared Services Agreement with its parent company to continue to utilize marketing services from LVS targeted at international VIP clients and premium players. The renewed services agreement is set to run for 3 years from January 1, 2021, to December 31, […]

By Jerome García

Industry

Gaming Analyst Suggests Interest in LVS Property Sale Would Be Big

November 12, 2020

If the gaming giant Las Vegas Sands considers selling its Venetian, Palazzo and Sands Expo properties in Las Vegas, there would be big interest from industry players, according to an industry analyst. There Would Be Interest If Las Vegas Sands Considers Selling Properties, Says Analyst There should be plenty of industry giants who may be […]

By Julie Moraine

Casino

Las Vegas Sands Exploring $6B Sale of Its Strip Properties

October 27, 2020

Las Vegas Sands (LVS) is looking to sell its Strip properties, a Bloomberg report speculates based on information received from unnamed sources. By offloading its Las Vegas casino resorts Sheldon Adelson’s empire would be able to focus on Asian markets, Macau and Singapore, and support the development of other projects. LVS Soliciting Buyer Interest According […]