Casino
April 5, 2023
LVS: 2022 ESG Report Shows Business on Track for 2025 Goals
Developer and operator of casino resorts around the world, Las Vegas Sands (LVS), outlined what progress the business registered on its environmental, social and governance (ESG) objectives set out for the 2021-2025 period in its 2022 (ESG) report. The 2022 ESG report tracks the progress on the ambitious goals LVS has set out for its […]
Industry
March 24, 2023
Sands Commits to Responsible Water Use amid World Water Day
Leading developer and operator of world-class integrated resorts, Las Vegas Sands, acknowledged the importance of responsible water use and vowed to further reduce its use by 2025. The announcement came Wednesday and coincided with World Water Day, an initiative designated by the United Nations (UN) to reaffirm the importance of access to fresh water. World […]
Business
February 23, 2023
Marriott International Legal Counsel Mao Exits Las Vegas Sands Board
The legal counsel who first joined the rest of the Las Vegas Sands Corp board members from the position of an independent director in July 2021 made the important announcement earlier in the month. The Resignation Went into Effect on February 22 On February 17, Yibing Mao notified the NYSE-listed company that her resignation would […]
Business
January 26, 2023
Las Vegas Sands Posts Strong Q4 2022 Results
In its latest report, the company revealed data regarding its financial performance for the four months ended December 31, 2022. Judging by the recent report, LVS reported revenue of $1.12 billion in Q4, 2022. This result, when compared to the corresponding period in 2021, marked a strong increase of nearly 11%. Additionally, the company revealed […]
Casino
January 12, 2023
Las Vegas Sands Unveils Plans for Massive IR Project in New York
The announcement came Thursday and sees Sands plan a massive entertainment, hospitality and casino location that is expected to boost the local economy and create jobs. Sands Plans Massive Project in Downstate New York Judging by a statement released by the company, it has already entered into agreements for a long-term lease of a site […]
Casino
December 21, 2022
Las Vegas Sands Lands on the DJSI World Index Once Again
Las Vegas Sands announced Tuesday it was recognized once again by the Dow Jones Sustainability Indices (DJSI). Dow Jones Sustainability Indices Recognize Las Vegas Sands The latest recognition marks the third consecutive time Las Vegas Sands is recognized on the DJSI World Index. The company was recognized on the DJSI North America Index for the […]
Casino
December 6, 2022
Sands China Inks $377M Trademark Renewal with LVS
There is a lot of uncertainty about the region’s recovery, however, continued developments and large investments by operators are enough to make some more optimistic. Sands China is the latest licensee that’s had to make some changes to comply with Macau’s gaming law updates, and this trademark agreement is a natural step in the company’s […]
Casino
October 20, 2022
Las Vegas Sands Q3 Financials Tell Complex but Familiar Story
They say that when a door closes, another one opens, and the finances of Las Vegas Sands definitely reflect that. The continued decline in the company’s Macau establishment earnings is in stark contrast to how well its Singapore resort is doing, and it just goes to show how important operating conditions are, and exactly how […]
Casino
August 30, 2022
Marina Bay Sands Launches $1M Scholarship to Train Local Talent
Marina Bay Sands, a luxurious hotel in Singapore, offering hospitality and gaming, will launch a new scholarship program. Las Vegas Sands, which owns the establishment, will invest $1 million in the program, benefitting over 100 local students. MBS Launches a Scholarship Program According to a statement from Las Vegas Sands, the program is a part […]
Business
July 21, 2022
LVS’ Q2 2022 Revealed Wider Loss, Missed Expectations
Global developer and operator of convention-based integrated casino resorts Las Vegas Sands (LVS) Corp. reported Wednesday its second quarter financial results and revealed that the business continued to struggle amid restrictions and reduced visitation. Loss Wider than Market Expected For the three months ended June 30, 2022, LVS posted net revenue of $1.05 billion, up […]