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Casino
May 24, 2023
Las Vegas Sands Secures 99-Year Lease for New York Casino
Amid the growth of sports betting and its ongoing statewide expansion, New York recently unveiled plans to expand further its gambling options by introducing three downstate casinos. The ambitious project immediately captured the attention of gambling industry giants such as Bally’s, Caesars, Mohegan, as well as Las Vegas Sands. Now, a new report by NBC […]
Casino
May 8, 2023
Hofstra Slams Las Vegas Sands’ NY Casino Plans
The conflict between Las Vegas Sands and Hofstra University continues. More than a month after submitting an open letter concerning the proposed construction of Sands casino resort at the Nassau Coliseum site in New York, the university urged local lawmakers to block the construction. As reported by nypost.com, Hofstra’s president, Susan Poser, believes that the […]
Business
April 20, 2023
LVS Q1 Results Skyrocket as Asian Markets Rebound
Las Vegas Sands posted its financial results for the first quarter of the year, highlighting a robust recovery in Macau and Singapore. The leading integrated resort developer reported impressive revenues from its Asian operations. LVS reported Q1 net revenue of $2.12 billion which is over two times higher than the figure recorded in Q1 2022. […]
Casino
April 5, 2023
LVS: 2022 ESG Report Shows Business on Track for 2025 Goals
Developer and operator of casino resorts around the world, Las Vegas Sands (LVS), outlined what progress the business registered on its environmental, social and governance (ESG) objectives set out for the 2021-2025 period in its 2022 (ESG) report. The 2022 ESG report tracks the progress on the ambitious goals LVS has set out for its […]
Industry
March 24, 2023
Sands Commits to Responsible Water Use amid World Water Day
Leading developer and operator of world-class integrated resorts, Las Vegas Sands, acknowledged the importance of responsible water use and vowed to further reduce its use by 2025. The announcement came Wednesday and coincided with World Water Day, an initiative designated by the United Nations (UN) to reaffirm the importance of access to fresh water. World […]
Business
February 23, 2023
Marriott International Legal Counsel Mao Exits Las Vegas Sands Board
The legal counsel who first joined the rest of the Las Vegas Sands Corp board members from the position of an independent director in July 2021 made the important announcement earlier in the month. The Resignation Went into Effect on February 22 On February 17, Yibing Mao notified the NYSE-listed company that her resignation would […]
Business
January 26, 2023
Las Vegas Sands Posts Strong Q4 2022 Results
In its latest report, the company revealed data regarding its financial performance for the four months ended December 31, 2022. Judging by the recent report, LVS reported revenue of $1.12 billion in Q4, 2022. This result, when compared to the corresponding period in 2021, marked a strong increase of nearly 11%. Additionally, the company revealed […]
Casino
January 12, 2023
Las Vegas Sands Unveils Plans for Massive IR Project in New York
The announcement came Thursday and sees Sands plan a massive entertainment, hospitality and casino location that is expected to boost the local economy and create jobs. Sands Plans Massive Project in Downstate New York Judging by a statement released by the company, it has already entered into agreements for a long-term lease of a site […]
Casino
December 21, 2022
Las Vegas Sands Lands on the DJSI World Index Once Again
Las Vegas Sands announced Tuesday it was recognized once again by the Dow Jones Sustainability Indices (DJSI). Dow Jones Sustainability Indices Recognize Las Vegas Sands The latest recognition marks the third consecutive time Las Vegas Sands is recognized on the DJSI World Index. The company was recognized on the DJSI North America Index for the […]
Casino
December 6, 2022
Sands China Inks $377M Trademark Renewal with LVS
There is a lot of uncertainty about the region’s recovery, however, continued developments and large investments by operators are enough to make some more optimistic. Sands China is the latest licensee that’s had to make some changes to comply with Macau’s gaming law updates, and this trademark agreement is a natural step in the company’s […]
