Global land-based casino operator Las Vegas Sands (LVS) released its financial results for the quarter ended June 30, 2021, posting an operating loss for the quarter. Slow Pace of Recovery Las Vegas Sands revealed net revenue in the second quarter amounted to $1.17 billion, which compared to the $62 million the world’s leading developer of […]
A senior executive of Las Vegas Sands based in Singapore retired and left the company, Inside Asian Gaming media reports. Marking the End of an Illustrious Career Andrew MacDonald, corporate senior vice president, and chief casino officer at the Las Vegas gaming giant and its global subsidiaries, is already on leave until his official end […]
A casino company is stealing gambling industry headlines this week after it was revealed it made a multi-million contribution to a political committee to support gambling expansion. Statewide Casino Petition Florida Voters in Charge, a political committee with a mailing address in Jacksonville Beach, filed with the state’s Division of Elections documents to reveal the […]
Davis Catlin, a gaming industry veteran, will be leading Las Vegas Sands’ newly created digital gaming investment team. By creating the team, the company plans to grow further and solidify its position as a market leader in the iGaming space. This is a stark shift from the times when the late Sheldon Adelson was running […]
The case pitting Las Vegas Sands (LVS) against a former business partner is finally getting underway in a Macau courtroom. Marshall Hao, a Taiwanese businessman behind Asian American Entertainment Corporation (AAEC), is suing the casino operator over what he asserts is a breach of contract linked to LVS’s entry into the Macau gaming industry. It’s […]
A lawsuit filed in Macau against Las Vegas Sands (LVS) nearly a decade ago by a former casino license partner is seeking a mammoth compensation from the casino giant, Reuters reports. Claims for 70% of LVS’s Profits Asian American Entertainment Corporation, a company LVS submitted a joint bid for a Macau gaming concession in 2001 […]
Recovery of Macau’s gaming market is moving very slowly, a result of a year-long COVID-19 pandemic that continues to hint at a resurgence. Even as some progress has been made in controlling the coronavirus and getting Macau back on its feet, Robert Goldstein, the chairman, and CEO of Las Vegas Sands (LVS), isn’t happy with […]
Las Vegas (LVS) Sands might have its eye on expansion into Texas, but it appears to be ready to dedicate a lot more time to its casinos in Asia. The casino operator is expected to come into a serious amount of cash soon and isn’t quite sure what to do with it. According to a […]
Las Vegas Sands, the world leader in developing and operating Integrated Resorts, launched a new campaign in Texas today. The campaign supports the proposal for gambling expansion in the state and includes both radio and TV ads. Las Vegas Sands Supports Gambling Expansion with New Campaign in Texas World leader in developing and operating Integrated […]
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 […]
