Dallas Mavericks Co-Owner Named CEO of Las Vegas Sands
Patrick Dumont, co-owner of the Dallas Mavericks, has been named CEO of Las Vegas Sands.
Global casino operator Las Vegas Sands has appointed Patrick Dumont, a co-owner of the Dallas Mavericks, as its new chief executive officer.
The leadership change marks a significant transition for one of the world’s largest integrated resort operators, which owns major properties in Asia, including Marina Bay Sands in Singapore.
Dumont’s appointment also strengthens the connection between professional sports ownership and large-scale gaming operations. He’ll be replacing Robert Goldstein, who announced months ago that he would move into an advisory role in early 2026.
Who Is Patrick Dumont?
Patrick Dumont has served in senior executive roles within Las Vegas Sands for years, including president and chief operating officer.
He is also a co-owner of the Dallas Mavericks, following the sale of a majority stake by longtime owner Mark Cuban to the Sands-affiliated Adelson family.
Dumont is married to Miriam Adelson’s daughter and has played a key role in the company’s strategic direction.
His background includes:
- Oversight of global operations
- Corporate finance leadership
- Long-term involvement in expansion strategy
The move formalizes his leadership role at a time when the company is reshaping its portfolio.
Why the CEO Appointment Matters
Las Vegas Sands has undergone significant changes in recent years, including:
- Selling its Las Vegas Strip properties
- Focusing heavily on Asian integrated resorts
- Exploring potential U.S. expansion opportunities
With the departure of previous leadership, the board selected Dumont to guide the company’s next phase.
Analysts say continuity may be a key reason behind the decision, as Dumont has already been deeply involved in corporate strategy.
Sands’ Current Position
Las Vegas Sands operates:
- Marina Bay Sands in Singapore
- Integrated resort properties in Macau
The company has exited the traditional Las Vegas market and now derives most of its revenue from Asia.
At the same time, it has signaled interest in expanding into new jurisdictions if regulatory conditions permit.
Sports and Gaming Crossovers
Dumont’s dual role as an NBA franchise co-owner and casino executive highlights the increasingly close relationship between sports and gaming.
In recent years:
- Sports betting legalization has accelerated nationwide
- Team ownership groups have partnered with gaming companies
- Professional leagues have embraced regulated wagering markets
While Las Vegas Sands does not operate sportsbooks in the same way as online betting companies, its leadership’s involvement in sports ownership underscores strategic synergies between entertainment and gaming.
What Comes Next
As CEO, Dumont is expected to focus on:
- Strengthening Sands’ Asian operations
- Monitoring regulatory developments in the U.S.
- Evaluating long-term expansion opportunities
Investors will likely watch how the company balances its core Asian markets with potential future U.S. developments.
Bottom Line
Patrick Dumont, co-owner of the Dallas Mavericks, has been named CEO of Las Vegas Sands, signaling leadership continuity and reinforcing ties between sports ownership and global gaming operations.
His appointment comes as the company continues focusing on its international portfolio while keeping an eye on future expansion opportunities.
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