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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 […]
Casino
October 20, 2022
Las Vegas Sands Q3 Financials Tell Complex but Familiar Story
They say that when a door closes, another one opens, and the finances of Las Vegas Sands definitely reflect that. The continued decline in the company’s Macau establishment earnings is in stark contrast to how well its Singapore resort is doing, and it just goes to show how important operating conditions are, and exactly how […]
Casino
August 30, 2022
Marina Bay Sands Launches $1M Scholarship to Train Local Talent
Marina Bay Sands, a luxurious hotel in Singapore, offering hospitality and gaming, will launch a new scholarship program. Las Vegas Sands, which owns the establishment, will invest $1 million in the program, benefitting over 100 local students. MBS Launches a Scholarship Program According to a statement from Las Vegas Sands, the program is a part […]
Business
July 21, 2022
LVS’ Q2 2022 Revealed Wider Loss, Missed Expectations
Global developer and operator of convention-based integrated casino resorts Las Vegas Sands (LVS) Corp. reported Wednesday its second quarter financial results and revealed that the business continued to struggle amid restrictions and reduced visitation. Loss Wider than Market Expected For the three months ended June 30, 2022, LVS posted net revenue of $1.05 billion, up […]
Business
July 11, 2022
Las Vegas Sands Provides Sands China with a $1B Loan
Las Vegas Sands, а world leader in developing and operating international, world-class integrated resorts, has issued a loan to its Chinese arm. As per the agreement, Sands China will receive a $1 billion subordinated unsecured term loan. Sands China Considers the Terms Fair The loan was issued on July 11, 2022 and Sands China will […]
Business
June 9, 2022
Las Vegas Sands Invested in the Software Firm Huddle Tech
Las Vegas Sands, a casino and resort company, has opted to invest in Huddle Tech, a gaming software company. Through this deal Sands demonstrates its commitment to US iGaming despite recently switching its focus to Asia. Sands Invests Domestically The two parties refused to disclose the size of Las Vegas Sands’ investment. However, the purpose […]
Casino
June 3, 2022
Las Vegas Sands CEO Is Confident That Macau’s Casinos Will Bounce Back
Rob Goldstein, the CEO of Las Vegas Sands (LVS), has made an appearance at Bernstein’s 38th Annual Strategic Decisions Conference and stated that it won’t take long before Macau rebounds from the consequences caused by the pandemic. He also commented on the license situation in Macau, stating that the issue is tolerable. China’s Zero COVID-19 […]