Tag Archives: Las Vegas Sands
Singapore – Best ever mass gaming revenues in Singapore offsets Macau but recovery has started for Sands
With all time highest mass gaming revenue at Marina Bay Sands, Las Vegas Sands generated revenue of $1.12bn, for the quarter ended December 31, 2022, an increase of 10.8 per cent from the prior year quarter. Whilst Macau is lagging so far behind in its recovery, there are signs that the lifting of travel restrictions have…
US – Las Vegas Sands confirms Long Island as location for its New York submission
With the recent release of the New York State Gaming Commission’s Request for Application for three downstate New York gaming licenses, Las Vegas Sands has confirmed its intention to pursue the development of a multi-billion-dollar flagship hospitality, entertainment and casino project on Long Island, New York. The company has entered into agreements to purchase the long-term lease of the site currently…
US – Las Vegas Sands looking at Nassau County for potential New York project
Las Vegas Sands is looking at Nassau County in Long Island, bordering the borough of Queens for a potential casino project in New York. Las Vegas Sands said in a statement: “We are excited for the opportunity to present an extremely competitive and compelling proposal. These new licenses represent the potential to generate thousands of good…
China – Sands’ US$61bn spend in Macau and 25,000 employees keeps it in pole position
Morgan Stanley has cast its eye over the Macau casino licence renewal process, stating that Sands China is at least risk of losing its licence having invested the most money, being the biggest employer in the Macau casino sector and generating the largest percentage of non-gaming revenue. Analysts Praveen Choudhary and Gareth Leung highlighted that…
Singapore – Travel restrictions and reduced visitation continue to impact Las Vegas Sands
Las Vegas Sands said that travel restrictions continued to affect visitation to its casinos for the quarter ended September 30, 2022, with revenues decreasing to $251m, compared to $611m in the third quarter of 2021. Net loss for SCL was $472m, compared to $423m in the third quarter of 2021. “While travel restrictions continued to impact our financial results this…
US – Las Vegas Sands completes strategic investment in newly formed Huddle Tech
Las Vegas Sands, the global integrated resort developer, has backed newly formed Huddle Tech Inc. with a strategic investment, following the recent merger of Huddle Gaming and DeckPrism Sports. Huddle offers an array of advanced automated solutions for trading, odds feeds, and risk management for iGaming operators. DeckPrism is the premier provider of North American…
US – Las Vegas Sands helps fund The LGBTQ Center of Southern Nevada
Las Vegas Sands has announced Sands Cares funding of just over $142,000 for The LGBTQ Center of Southern Nevada, extending the company’s partnership with Southern Nevada’s leading nonprofit organization serving the LGBTQ+ community. The Center has been a vital part of Las Vegas for more than 25 years, offering inclusive, life-enriching programs, events, education and…
Thailand – Bernstein links Sands’ latest Asian ambitions with Thailand
Brokerage firm Sanford C. Bernstein believes that Las Vegas Sands’ new Asian project is probably focused on Thailand. Sands Chairman and CEO Rob Goldstein detailed this week that the operator was in talks with a ‘major country’ in Asia where it wants to build a casino resort similar in size to Marina Bay Sands in…
Asia – Sands in talks with ‘major country’ for new casino resort in Asia
Having off-loaded its Las Vegas casinos, Las Vegas Sands Chairman and CEO Rob Goldstein has confirmed the operator is discussing building a Marina bay Sands scale reports casino with a ‘major country’ in Asia. Speaking to the Las Vegas Review-Journal, Mr. Goldstein said: “I don’t want to say where, but we’ve had some rather interesting conversations with…
