Las Vegas Sands Chairman and CEO transitioning to Senior Advisor role in 2026
Robert Goldstein, who joined Las Vegas Sands Founder Sheldon Adelson in 1995, is set to step down as Chairman and CEO of the company during March of next year.
Key Points
- Goldstein also agreed to serve as Senior Advisor for two years, where he will assist management with its government relations activities
- During his time as President and COO of The Venetian and Palazzo from 1999-2010, Goldstein was said to be responsible for many important property milestones
Las Vegas Sands Chairman and CEO Robert Goldstein will transition to a Senior Advisor role on March 1, 2026, where he is set to assist management with its government relations activities, efforts to pursue new physical development opportunities and the company’s gaming strategies.
“This company transformed the industry from a gaming-centric model to the integrated resort model and, through a different strategic approach in each market, meaningfully changed the tourism landscape in Las Vegas, Macao and Singapore,” Goldstein said.
“I’ve been fortunate to work with a great team of people over the years, and I specifically want to express my gratitude to Sheldon for his support and friendship. I would also like to thank Dr. Adelson. I look forward to using the years ahead to help the team build toward another great chapter in this company’s history.”
Goldstein originally joined Las Vegas Sands Founder Sheldon Adelson in 1995 and has been “instrumental” in the company’s successes over the past 30 years, having also agreed to serve as a Senior Advisor through March 2028.
Becoming part of Las Vegas Sands prior to the opening of The Venetian Las Vegas, Goldstein was ultimately named President when the property debuted during 1999.
While The Venetian Las Vegas was under construction, Goldstein’s responsibilities included building the property’s gaming business and its operations while also leading the development of the Grand Canal Shoppes.
During his time as President and COO of The Venetian and Palazzo from 1999 through 2010, Goldstein was said to be responsible for many important property milestones.
Good to know: Las Vegas Sands released its financial results for Q4 2024 and FY on January 29, reporting a Q4 net revenue of $2.9bn, representing a decrease of 0.7% year-over-year
“As one of the first employees of the company, our family has great appreciation for Rob’s leadership and the many contributions he’s made over the years. He has left an indelible mark on the history of the company, and our family will always be thankful for it,” Las Vegas Sands Co-Founder and majority shareholder Dr. Miriam Adelson said.
“Sheldon deeply appreciated Rob’s friendship and counsel, and he would be very grateful for everything Rob has given over the past three decades.
During late 2014, after serving as President of Global Gaming Operations, Goldstein was named Las Vegas Sands’ President and COO, continuing to work closely with Sheldon Adelson and the leadership teams in Las Vegas, Macao and Singapore. When Adelson unfortunately passed away in January 2021, Goldstein was then named Chairman and CEO of Las Vegas Sands.
Both Las Vegas Sands and Goldstein stated the intention is for the Senior Advisor role to be his sole position within the company and its subsidiaries as of March 1, 2026. The company’s Board of Directors reportedly plans to name Patrick Dumont, current President and COO, as the new Chairman and CEO upon Goldstein’s transition next year.
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