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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 […]
Casino
July 25, 2024
LVS’s New York Casino Inches Closer to Reality
Las Vegas Sands has celebrated a major milestone, which brought it closer to the fulfillment of its NY casino plans. The company, which hopes to create an integrated resort at the Nassau Coliseum on Long Island, just secured a key approval from the Nassau Country Legislature Rules Committee. The approval greenlights a 42-year lease on […]
Industry
July 19, 2024
Nassau County Residents Rally Against Las Vegas Sands Casino
On Thursday, Nassau County residents and community leaders gathered in protest against plans to establish the second-largest casino in the United States within their community. This rally comes on the heels of the unanimous vote by the Nassau Planning Commission to transfer control of the Nassau Coliseum to Las Vegas Sands, marking a vital step […]
Casino
July 18, 2024
Las Vegas Sands’ Stock Takes Hits as Donald Trump’s Reelection Odds Shorten
Las Vegas Sands is in a strange position. The business founded by the late Sheldon Adelson, a staunch Republican supporter, has not deviated from its pro-GOP line under the control of Miriam Adelson, Mr. Adelson’s wife. LVS’ Stock Experiences the Jitters as Trump’s Chances Grow Steadily Yet, as the polls continue to steadily increase in […]
Industry
May 31, 2024
Las Vegas Sands’ Adelson to Back Trump’s Campaign
Dr. Miriam Adelson, the widow of the late Sheldon Adelson and the largest Las Vegas Sands stakeholder, will back Trump’s bid for the presidency, reports say. According to people familiar with the matter, Adelson will support the ex-president’s re-election effort via Preserve America, a super political action committee (PAC). Preserve America, which is dedicated […]
Industry
May 23, 2024
LVS Head Supports Dade Phelan Ahead of May Runoffs
Texas House Speaker Dade Phelan has secured financial backing from a variety of businesses, including the head of the casino juggernaut Las Vegas Sands. This money comes at just the right time as far-right competitors seek to remove moderates from the party. As the runoffs draw near, Phelan’s campaign secured significant backing from Miriam Adelson, […]
Industry
May 16, 2024
Ethics Complaint Filed by Nassau College Teachers over $120K Lobbying
The expansion of casino gambling in New York captured the attention of major operators within the industry. The competition is fierce as there are only three downstate licenses up for grabs and many more operators that have already submitted plans and reaffirmed their intention to secure one of the coveted licenses. Supporters of the proposed […]
Business
April 24, 2024
Las Vegas Sands Prepares for Major Debt Refinancing, Market Optimism High
Las Vegas Sands is gearing up for significant refinancing moves, with analysts anticipating a positive reception from the markets. CBRE Capital Advisors Inc., in a recent analysis, highlighted Las Vegas Sands’ plan to refinance a substantial portion of its outstanding debt, emphasizing its intentions to navigate upcoming financial obligations smoothly. Sands China and Las Vegas […]
