Las Vegas Sands Corp.

News and overview for Las Vegas Sands Corp.

Report: Las Vegas Sands may restart Macau projects - MarketWatch
MarketWatch | 13 days 12 hours 26 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.


Sands confirms resumption of Macau project - MarketWatch
MarketWatch | 9 days 5 hours 22 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 | 27 days 10 hours 16 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.


Las Vegas Sands Corp. Reports Third Quarter 2009 Results [Press Release]
PRNewswire | 26 days 8 hours 59 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 | 9 days 1 hour 18 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 | 26 days 12 hours 22 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 | 9 days 4 hours 51 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 | 15 days 16 hours 41 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.) | 8 days 21 hours 35 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.


Judge dismisses suits blaming Las Vegas Sands for stock drop
Las Vegas Sun | 18 days 8 hours 28 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.


Las Vegas Sands posts wider 3Q loss as taxes rise
Richmond Times-Dispatch (Va.) | 26 days 10 hours 27 minutes ago
LAS VEGAS (AP) -- Casino operator Las Vegas Sands Corp. on Thursday reported a larger third-quarter loss as gambling markets continued to struggle, taxes increased and the company pressed ahead on developing a resort in Singapore.


Las Vegas Sands Corp. to post third-quarter earnings after market closes Thursday
Chicago Tribune | 27 days 11 hours 13 minutes ago
LAS VEGAS (AP) — 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.


Las Vegas Sands announces chef for Singapore resort
Las Vegas Sun | 33 days 10 hours 23 minutes ago
Las Vegas Sands Corp. on Thursday said Michelin Guide three-star winner Daniel Boulud will be one of the featured chefs at its Marina Bay Sands resort preparing to open in Singapore.





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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