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Tag Archives: Las Vegas Sands

US – Sands names Rob Goldstein as its new Chairman with Patrick Dumont promoted to President

Las Vegas Sands has named long-time company executive Robert Goldstein as its new Chairman and Chief Executive Officer, having previously assumed the role as acting Chairman and CEO on January 7, 2021. Patrick Dumont has been named President and CEO, and Randy Hyzak will now serve as Chief Financial Officer. Mr. Dumont previously served as…

China – Macau licence renewal could prompt Sands China share sale

Smartkarma’s Howard J Klein believes the renewal process for Macau’s casino licences in 2022 could see the Adelson family to sell some of its shareholding in Sands China. “An orderly disposition of the huge chunk of assets would fall within the shadow timing of the Macau re-concession talks scheduled to begin in 2022, or 2023,”…

US – Analysts assess impact on Las Vegas Sands following death of Sheldon Adelson

Analysts have been quick to assess the impact on Las Vegas Sands following the passing of CEO/Chairman Sheldon Adelson with the view being that control of the company will stay with the Adelson family with current President and Chief Operating Officer Rob Goldstein expected to guide the company into a new era of online sports…

US – Sands hails casino visionary Sheldon Adelson as a ‘true force of nature’

Las Vegas Sands’Chairman and Chief Executive Officer Sheldon G. Adelson, the company’s founder and visionary leader, passed away on January 11 at the age of 87 from complications related to treatment for non-Hodgkin’s Lymphoma. His wife, Dr. Miriam Adelson, said in a statement: “It is with unbearable pain that I announce the death of my…

US – Sands looking at options for online sports betting

Having long been an opponent to anything online gaming related, Sheldon Adelson’s Las Vegas Sands is now looking at potential partners to take it into the online betting age. Whilst Chairman Sheldon Adelson very publicly campaigned against online gaming in the past, CEO Rob Goldstein is now reportedly in early discussions that could the iconic…

US – Sands Chairman Sheldon Adelson takes medical leave of absence

In March of 2019, Las Vegas Sands Chairman and Chief Executive Officer Sheldon G. Adelson announced he was receiving treatment for non-Hodgkin’s lymphoma. Mr. Adelson recently resumed his cancer treatment and will be taking a leave of absence from his role as Chairman and Chief Executive Officer of both Las Vegas Sands and Sands China….

Australia – Rumours resurface over Sands’ interest in Crown following NYE celebrations

The rumours that Las Vegas Sands is looking to buy a piece of Australian operator Crown Resorts are back following reports that casino tycoons Sheldon Adelson and James Packer were spotted together during a New Year’s Eve bash in the French Caribbean. The potential for Mr Packer selling his 36 per cent stake in Crown…

China – Sands China releases more details about The Londoner’s launch

Londoner Macao, Sands China’s bold British-themed reimagining of the Sands Cotai Central integrated resort, will launch its first phase, offering the best of British history and culture alongside a traditional yet contemporary hospitality experience. Representing an investment of approximately $2bn, The Londoner Macao will open progressively throughout 2021. With two new all-suite hotels, guests now…

China – The Londoner Macao to open in February next year

The Londoner Macao is set to open its doors in February 2021, according to President of Sands China Wilfred Wong Ying-wai, who confirmed that most of the building work on the US$2.2bn overhaul of Sands Cotai Central into Londoner Macau is now complete. It will feature authentic recreations of classic British landmarks, including an exterior…