Las Vegas Sands
Las Vegas Sands Corporation is an American casino and resort company with corporate headquarters in Paradise, Nevada, United States. It was founded by Sheldon Adelson and his partners out of the Sands Hotel and Casino on the Las Vegas Strip. The Sands was demolished and redeveloped as The Venetian, opening in 1999. An adjacent resort, The Palazzo, opened in 2007. Both resorts were sold in 2022.
| Company type | Public company |
|---|---|
Traded as |
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| Industry | Hospitality, Tourism |
| Founded | November 17, 1988 |
| Founder | Sheldon Adelson |
| Headquarters | Paradise, Nevada, U.S. |
Area served |
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Key people | Robert G. Goldstein (Chairman & CEO) Patrick Dumont (President & COO) Randy Hyzak (Executive Vice President & CFO) D. Zachary Hudson (Executive Vice President & Global General Counsel) |
| Products | Gambling, hotels, entertainment, casinos, resorts |
| Revenue | US$10.4 billion (2023) |
| US$2.31 billion (2023) | |
Net income | US$1.43 billion (2023) |
| Total assets | US$21.8 billion (2023) |
| Total equity | US$4.10 billion (2023) |
| Owner | Adelson family (56.7%) |
Number of employees | 38,700 (2023) |
| Subsidiaries | Sands China (69.9% ownership) |
| Website | sands |
| Footnotes / references | |
The company holds several resorts in Asia, including the Marina Bay Sands in Singapore, which opened in 2010 and Central Park Jakarta, which opened in 2009. Through its majority-owned subsidiary Sands China, the company owns several properties in Macau, including the Sands Macao, The Londoner Macao, The Venetian Macao, and The Parisian Macao. As of 2020, it is the third-largest casino company worldwide by revenue.