Land-Based Robert Glen GoldsteinStock: $43.75

Las Vegas Sands

3355 Las Vegas Blvd. South Las Vegas, NV 89109-8941
Las Vegas Sands is an American casino and resort company based in Paradise, Nevada that features accommodation alongside gambling, entertainment, convention and exhibition facilities, restaurants, and clubs. Started in 1989 by Sheldon Adelson and his partners Richard Katzeff, Irwin Chafetz, Ted Cutler and Jordan Shapiro, it is the largest casino company worldwide with a multitude of operators in Asia.

Las Vegas Sands owns some of the most famed and reputed locations in Las Vegas, including The Venetian, the Palazzo and Sands Expo; these three hotels combine to make the world’s largest integrated gambling resort. The company pioneers the now favored Las Vegas-style, transforming its hotels into lavish locations with luxury suites with mini-screens, big-screen televisions and fun decor.

Through its majority-owned subsidiary Sands China, the company conducts business in Macau, including the Sands Macao, the Venetian Macao, the Plaza Macao and the Venetian Macao. They also operate an art and science museum in Singapore - the Marina Bay Sands, which they added to its portfolio in 2010.

Its Macao branches are themed appropriately for their name - for instance, the Venetian Macao has a canal running through its central mall complete with gondoliers punting customers across the hotel.

The company reported a revenue of $4.23 bn in 2021- these numbers coming in the middle of a pandemic. Its net revenue of £1.01bn in the fourth quarter of 2021 was down 0.7% from the prior quarter in 2020 with an operating loss of $138m.

In March 2021, two months after Founder Sheldon Adelson's death, the Sands Corporation announced the sale of its Las Vegas properties to Vici Properties and its operations to Apollo Global Management.

Key Personnel:

Global Cyber Security: Susan Iverson
Executive Director Corporate IT: James Ferry
Global Director Of Process Engineering: Tim Phillips
Associate General Counsel - Contracts: Thomas Graham
Strategy & Operations Jon Oh: https://www.linkedin.com/in/jon-oh-80956b135/
Vice President Investor Relations Alistair Scobie: https://www.linkedin.com/in/alistair-scobie-1656829/

Number of employees: 46,000

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