Las Vegas Sands Corporation

Las Vegas Sands Corp. is an American casino and resort company headquartered in Las Vegas, Nevada. Founded in 1988 by the late billionaire Sheldon G. Adelson, the company has grown to become the second-largest casino company in the world by revenue, generating US$11.3 billion in 2024. Unlike many competitors, Las Vegas Sands pivoted away from its Las Vegas Strip roots to focus almost exclusively on the Asian integrated resort market, with flagship properties in Macau (through Sands China) and Singapore (Marina Bay Sands).

The company operates through two primary segments: Sands China (a 69.9%-owned subsidiary listed on the Hong Kong Stock Exchange) and Marina Bay Sands in Singapore. In 2022, the company sold its last Las Vegas Strip properties — The Venetian and The Palazzo — to Vici Properties and Apollo Global Management, completing its strategic shift to Asia.

Las Vegas Sands is publicly traded on the New York Stock Exchange under the ticker symbol LVS and is a component of the S&P 500 index. The Adelson family maintains a controlling 54% ownership stake. The company employs approximately 40,300 people worldwide and is recognized as a Tier-1 operator in the global gaming industry.

Marina Bay Sands, Singapore

Marina Bay Sands is Las Vegas Sands' flagship integrated resort in Singapore, opened in 2010. The iconic property features three 55-story hotel towers connected by the world's largest cantilevered rooftop infinity pool, a 2,561-room hotel, a 120,000-square-meter casino, a museum, two theaters, and The Shoppes at Marina Bay Sands mall. In July 2025, the company broke ground on a major expansion including a fourth hotel tower, an arena, and additional convention space, scheduled for completion by 2031.

Macau Properties (Sands China)

Through Sands China, the company operates several of Macau's most prominent integrated resorts:

• The Venetian Macao — The largest casino in the world by floor space, modeled after its Las Vegas namesake with gondola rides along canals
• The Londoner Macao — A rebranded resort featuring British-themed architecture, including replicas of Big Ben and the Houses of Parliament
• The Parisian Macao — A French-themed resort with a half-scale replica of the Eiffel Tower
• Sands Macao — The company's first Macau property, opened in 2004
• The Plaza Macao — A luxury-focused resort with Four Seasons-branded hotel rooms

MICE — Meetings, Incentives, Conferences & Exhibitions

Las Vegas Sands is the global leader in MICE facilities within the gaming industry. Marina Bay Sands alone offers over 250,000 square feet of meeting space, making it one of Asia's premier convention destinations. The company's integrated resorts are designed to capture both gaming and non-gaming revenue, with luxury retail, dining, and entertainment venues.

Sands Rewards & Sands LifeStyle Loyalty Programs

The company operates comprehensive loyalty programs across its properties, including Sands Rewards Club in Macau and Sands LifeStyle at Marina Bay Sands, offering members tiered benefits including room upgrades, dining credits, and exclusive gaming privileges.

1988 — Founding

Sheldon G. Adelson and his partners founded Las Vegas Sands Corp., initially operating out of the historic Sands Hotel and Casino on the Las Vegas Strip.

1999 — The Venetian Opens

The company demolished the original Sands Hotel and opened The Venetian Las Vegas, a Venice-themed mega-resort that became one of the Strip's most successful properties.

2004 — Sands Macao Opens

Las Vegas Sands became the first American casino company to enter the Macau market following the end of the STDM monopoly, opening Sands Macao and capitalizing on the booming Chinese gaming market.

2006 — Sands China Subsidiary

The company established Sands China Ltd. as a subsidiary to manage its growing Macau operations, later listing it on the Hong Kong Stock Exchange.

2010 — Marina Bay Sands Opens

The company opened Marina Bay Sands in Singapore, one of the world's most iconic integrated resorts, at a cost of US$5.7 billion — making it one of the most expensive buildings ever constructed.

2011 — Adelson Era Continues

Sheldon Adelson remained actively involved as Chairman and CEO, making Las Vegas Sands one of the largest contributors to Republican political campaigns in the United States.

2021 — Adelson Passes Away

Founder Sheldon G. Adelson passed away on January 11, 2021, at age 87. Robert Goldstein succeeded him as Chairman and CEO.

2022 — Las Vegas Strip Exit

The company completed the sale of The Venetian and The Palazzo to Vici Properties (real estate) and Apollo Global Management (operations) for $6.25 billion, marking its complete exit from the Las Vegas Strip gaming market.

2025 — New York Bid Withdrawal & Marina Bay Sands Expansion

Las Vegas Sands withdrew its bid for a Downstate New York casino license due to the threat of online gambling legalization. In July 2025, the company broke ground on a major Marina Bay Sands expansion including a fourth tower and arena, set for completion by 2031.

2026 — Patrick Dumont Becomes CEO

In February 2026, Patrick Dumont (Adelson's son-in-law) was appointed as the new Chairman and CEO, with Robert Goldstein transitioning to Senior Advisor.

Las Vegas Sands is committed to responsible gaming across all its properties in Macau and Singapore. The company implements comprehensive responsible gaming programs including:

• Player Protection Systems — All Sands properties use advanced player tracking systems to identify potentially problematic gambling patterns and enable early intervention by trained staff.
• Self-Exclusion Programs — Guests can voluntarily exclude themselves from gaming at any Sands property. The programs are coordinated with local regulators including Macau's DICJ and Singapore's IRA.
• Trained Staff & Responsible Gambling Ambassadors — All employees undergo mandatory responsible gaming training. Dedicated Responsible Gambling Ambassadors are stationed at each property to assist patrons.
• Marina Bay Sands GameSense — The Singapore property partners with the National Council on Problem Gambling (NCPG) Singapore to offer GameSense, a player-facing responsible gaming program.
• Financial Limits — Players can set daily, weekly, and monthly loss limits at all Sands properties, enforced through the player tracking system.
• Underage Gaming Prevention — Strict ID verification protocols are enforced at all properties. Marina Bay Sands requires all guests to be 21 or older to enter the casino floor.

Patrons experiencing gambling-related harm can contact Singapore's National Problem Gambling Helpline at 1800-6-668-668 or Macau's responsible gaming hotline.