Las Vegas Sands Corp.
News and overview for Las Vegas Sands Corp.
Report: Las Vegas Sands may restart Macau projects - MarketWatch
MarketWatch | 11 days 19 hours 22 minutes ago
The massive development on Macau's Cotai Strip was halted in mid-construction a year ago when Sands, with cash flow pinched by the economic downturn - especially at its Venetian in Las Vegas -- essentially ran out of money to pay its massive debts.
Las Vegas Sands sees Hong Kong IPO in November - MarketWatch
MarketWatch | 40 days 14 hours 29 minutes ago
LVS
Critical Alerts for Intel, Las Vegas Sands, Weatherford, ITT Educational Services, and Toll Brothers Released by Seven Summits Research [Press Release]
PRNewswire | 1 minute ago
Critical Alerts for Intel, Las Vegas Sands, Weatherford, ITT Educational Services, and Toll...Alerts cover the following stocks: Intel Corporation , Las Vegas Sands Corp. , Weatherford International Ltd. , ITT Educational...
Sands confirms resumption of Macau project - MarketWatch
MarketWatch | 7 days 12 hours 18 minutes ago
In a filing with the Hong Kong stock exchange, Sands said it expects the project to take about 18 months to complete once work begins.
3Q earnings preview: Las Vegas Sands Corp.
Las Vegas Sun | 25 days 17 hours 12 minutes ago
Las Vegas Sands Corp. is to report its third-quarter financial results after the market closes Thursday. Below is a summary of key developments and analyst opinion related to the period.
Sands China Ltd. raises $2.5B in IPO
AGA SmartBrief a G2E production | 10 hours 55 minutes ago
The initial public offering of Sands China Ltd. on the Hong Kong Stock Exchange raised $2.5 billion. Las Vegas Sands Corp. sold 1.87 billion shares at $1.34 per share...
Las Vegas Sands Corp. Reports Third Quarter 2009 Results [Press Release]
PRNewswire | 24 days 15 hours 55 minutes ago
Las Vegas Sands Corp. Reports Third Quarter 2009 Results...29 /PRNewswire-FirstCall/ -- Las Vegas Sands Corp. today reported financial results...detailed in the reports filed by Las Vegas Sands Corp. with the Securities and Exchange...
Declining Vegas casinos see reasons for hope - MarketWatch
MarketWatch | 7 days 8 hours 14 minutes ago
While every single significant industry metric here, from revenue-per-available room to table drop to occupancy rates, continues to drop, the rate of decline seems finally to be slowing. At the same time, any improvement will be from almost ludicrously easy comparisons, as resorts here begin to lap an abysmal year that began even before the financial crisis and market collapse of late 2008.
Sands loss widens on higher taxes - MarketWatch
MarketWatch | 24 days 19 hours 18 minutes ago
Revenue came in at $1.14 billion, up 3.2%.
US casino giant Las Vegas Sands looks to restart Macau projects next year with IPO funding
Hartford Courant (Conn.), The | 7 days 11 hours 47 minutes ago
U.S. casino operator Las Vegas Sands Corp. plans to resume work in January on its multibillion-dollar gambling resorts in Macau after suspending construction last year amid a massive funding crunch, the company said Sunday.
Las Vegas Sands expects $3.35B from Asian IPO
Las Vegas Sun | 13 days 23 hours 37 minutes ago
Sands China Ltd., the Macau gambling district arm of Las Vegas Sands Corp., today said it plans to raise up to $3.35 billion in an initial public stock offering.
Sands looks to restart Macau casino work next year
Richmond Times-Dispatch (Va.) | 7 days 4 hours 31 minutes ago
HONG KONG (AP) -- U.S. casino operator Las Vegas Sands Corp. plans to resume work in January on its multibillion-dollar gambling resorts in Macau after suspending construction last year amid a massive funding crunch, the company said.
Las Vegas Sands outlines plans for Macau
Las Vegas Sun | 20 days 22 hours 9 minutes ago
Las Vegas Sands Corp. today released detailed information on its operations in the Chinese gambling district of Macau as it seeks to raise some $2.5 billion in a public stock offering on the Hong Kong Stock Exchange.
Sands reportedly restarting Macau construction - MarketWatch
MarketWatch | 12 days 14 hours ago
LVS
Judge dismisses suits blaming Las Vegas Sands for stock drop
Las Vegas Sun | 16 days 15 hours 24 minutes ago
A state judge on Friday dismissed a group of shareholder lawsuits blaming Las Vegas Sands Corp. Chairman and Chief Executive Officer Sheldon Adelson and his fellow board members for the collapse of the gaming company's stock beginning in late 2007.
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Company Overview
| Company: | Las Vegas Sands Corp. |
|---|---|
| Industry: | Gambling Resorts & Casinos |
| Website: | http://www.lasvegassands.com |
Rising from the ashes of the bulldozed Sands Hotel, the Venetian Casino Resort (owned by Las Vegas Sands) brings a touch of Venice to the Las Vegas Strip. Replete with gondoliers and a replica of the Rialto Bridge, the Venetian offers a 120,000-sq.-ft. casino and a 4,000-suite hotel, as well as a shopping, dining, and entertainment complex. Las Vegas Sands also operates The Palazzo Casino next door to the Venetian, and the nearby Sands Expo Center trade show and convention center. In addition to its Vegas holdings, the firm operates the Sands Macao, The Venetian Macao, and the Four Seasons Macao, all of which are in China. Chairman and CEO Sheldon Adelson and trusts for his family own nearly 70% of the firm.
Key Numbers
| Sales in U.S. Dollars (mil.) | 4,389.9 (2008) |
|---|---|
| One-year % Growth in Sales | 48.8 (2008) |
| Net Income in U.S. Dollars (mil.) | -163.6 (2008) |
| One-year % Growth in Net Income | 0.0 (2008) |
| Number of Employees | 28,500 (2008) |
| One-year % Growth in Number of Employees | 1.8 (2008) |
| Fiscal Year-End | December |