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The Latest in Las Vegas Sands
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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 Japan IR Bid No Longer a Plan for Las Vegas Sands Las Vegas Sands has withdrawn its bid for a Yokohama prefecture Integrated Resort (IR) in Japan, the company announced in a press release on Tuesday, May 12.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 […]

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Casino

Osaka World Expo Bid Gains Las Vegas Sands as a Partner

Las Vegas Sands is one of the casinos that saw their stock prices fall Monday, July 2, 2018. But, it is not stopping them from trying to expand. Tuesday, July 3, 2018, the company announced their partnership for the Osaka World Expo Bid. Osaka, Japan is trying to host the 2025 World Expo. The Las […]

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Business

Las Vegas Sands is Eyeing Brazil

A March announcement stated the Las Vegas Sands needed time to repay one of their loans, yet they are apparently looking at Brazil for a casino license. Maybe it is the Las Vegas Sands new investment strategy, which is the Bernstein Strategic concept they are participating in during a conference that is going to allow […]

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Casino

Repayment Required, Las Vegas Sands Needs Time

Las Vegas Sands needs to repay their loans, but they require more time to make this happen. LVS or Las Vegas Sands is one of the biggest casino operators in the world. They have several facilities around the globe, but they also have massive debts. On Monday, March 19, 2018, the company submitted an amendment […]