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Casino
March 21, 2025
Las Vegas Sands Backs Down from Casino Proposal in Texas
Las Vegas Sands Corp has been passionately advocating for the arrival of casino resorts in Texas, but its efforts have so far come empty-handed. Even though the company divested from its properties in Las Vegas, Nevada, it has not yet been able to move the needle and get a project underway in Texas. Las Vegas […]
Business
March 7, 2025
LV Sands CEO Goldstein to Step Down, Dumont Expected to Succeed
NYSE-listed Las Vegas Sands has announced that chairman and chief executive officer Robert Goldstein will transition to the role of senior advisor beginning March 1, 2026. The leader in developing and operating integrated resorts with pioneering properties also revealed that its board of directors plans on nominating current president and chief operating officer Patrick Dumont […]
Industry
January 30, 2025
Sands NY Casino Bid Faces Opposition from Nassau Activists
A total of three new downstate licenses will be up for grabs in New York. Previously, the state’s Gaming Facility Location Board confirmed a deadline of June 27, 2025, that all interested applicants need to file their bids by. Recognizable gaming and hospitality giants are exploring options for a casino license bid with the list […]
Industry
December 10, 2024
Las Vegas Sands Donates $15M for Chinese Institute at UNLV
The University of Nevada, Las Vegas (UNLV) has announced the creation of a new institute for Chinese Language and Culture. The new institute will be sponsored by Las Vegas Sands and will reflect the global operator’s dedication to “global engagement and cultural exchange.” The Institute Will Provide Students with New Perspectives Las Vegas Sands has […]
Industry
November 27, 2024
LV Sands’ Adelson Continues Pro-Gambling Support in Texas
As the Texas Legislature is getting ready for the 2025 session, billionaire and owner of the Las Vegas Sands Miriam Adelson is intensifying efforts to legalize gambling in the state. Dr. Adelson, who brought in $95 million to the pro-Trump Preserve America PAC during Q3 2024, has significantly ramped up her political contributions as well. […]
Sports
November 21, 2024
JPMorgan Sees Bright Future for Las Vegas Sands’ Singapore Growth
Las Vegas Sands’ big $8 billion growth plan for Marina Bay Sands (MBS) in Singapore has caught the eye of JPMorgan analyst Joseph Greff. At a presentation for investors, Greff pointed out how this project could boost Las Vegas Sands’ standing in the profitable Asian gaming scene and increase its earnings over time. MBS Expansion […]
Casino
October 24, 2024
Las Vegas Sands Reconsiders $6B New York Casino as iGaming Gains Momentum
Las Vegas Sands (LVS) continues to worry about its $6 billion casino resort project on Long Island, New York, as online gambling grows. Las Vegas Sands Weighs Digital Competition Amid Delays in New York Casino License Process In the company’s latest earnings call, CEO Robert Goldstein stressed the competition from digital platforms. He pointed out […]
Casino
September 13, 2024
Activists Accuse Nassau Casino Project of “Environmental Racism”
Las Vegas Sands’ plans for a downstate New York casino resort continue to attract animosity from locals amid a variety of concerns. Some have gone as far as accusing the casino and hospitality company of what they called “environmental racism.” LVS Wants to Develop the Nassau Coliseum Site LVS, for context, plans to develop the […]
Business
August 26, 2024
Sands China Eyes Dividend Restart in 2025, Suggests Analyst
A buyout of minority shareholders’ interest in Sands China or a potential delisting from the Hong Kong Stock Exchange is unlikely, an expert suggested while discussing current and future prospects for the popular Macau casino operator. Seaport Research Partners’ analyst, Vitaly Umansky, cited talks with Sands China’s parent company, Las Vegas Sands Corp from the […]
Casino
July 30, 2024
LVS Remains Bullish on Texas, Meets with Local Leaders
The efforts to get gaming legalized in Texas continued as Las Vegas Sands representatives met with North Texas leaders. The casino and hospitality powerhouse hopes to secure enough support to get resort-style casinos legalized in the state finally. While experts predict that gambling could create as many as 70,000 new permanent jobs and over twice […]
