Las Vegas Sands

About Las Vegas Sands

Las Vegas Sands is a real estate operator headquartered in Las Vegas, NV. Las Vegas Sands operates in New York City, New York. Its investment focus is on Hospitality, Marinas and Resorts.

Las Vegas Sands Corp. (NYSE: LVS) is a public gaming, hospitality, and real estate development enterprise headquartered at 5500 Howard Hughes Parkway in Las Vegas, Nevada. Founded in 1989 by Sheldon Adelson, the company launched its first resort project in 1990 and operates with 37 years of industry experience under Chairman and CEO Patrick Dumont. The company employs approximately 19,000 workforce members globally. The enterprise functions as a holding company owning a majority stake in Sands China Ltd. and operating integrated resort communities across Asia. Its vertically integrated model combines luxury hotels, gaming facilities, MICE (meetings, incentives, conventions, and exhibitions) space, high-end retail malls, fine dining, and entertainment arenas. Following the 2022 disposition of its flagship Las Vegas real estate assets for $6.25 billion, the firm's capital allocation strategy focuses on Asian market expansion and development. The firm owns and operates 6 destination resorts comprising over 12,700 hotel rooms and suites, 3,000,000 square feet of meeting space, 200 restaurants, 5 shopping malls, and 27,500 entertainment seats. Its active portfolio includes Marina Bay Sands in Singapore and 5 Macau properties: The Venetian Macao, The Londoner Macao, The Parisian Macao, The Plaza Macao & Four Seasons, and Sands Macao. The company is executing a $3.75 billion capital investment commitment in Macau through 2032 and a multi-billion-dollar expansion of Marina Bay Sands.

Principals at Las Vegas Sands