Thursday, February 2, 2023

Tag: Rob Goldstein

Las Vegas Sands maintains Asia focus despite pandemic challenges

Las Vegas Sands Asia focus
Las Vegas Sands executives affirmed the company’s properties in Macau and Singapore will drive its future, speaking during the firm’s Q2 earnings call, although they did not rule out pursuing new land-based venues in the US.

I want to be a part of it: New York, New York

New York Sands expansion opportunities
While it has recently sold off its assets in Las Vegas, Sands is still looking at gambling expansion opportunities in New York and Texas.

Start of a new era as Sands goes all in on Asia

Sands go all in on Asia
With online gaming and further expansion in Asia on the cards, Edward Lowton ponders the various possibilities for Sands as the company moves on to greener pastures following the $6.25bn sale of its Las Vegas properties.

Leaving Las Vegas: Sands sell Venetian and Palazzo for $6.25bn

Sands Venetian Palazzo US Sale
Las Vegas Sands has sold the Venetian and Palazzo resorts and the Sands Expo and Convention Center to privateequity firm Apollo Global Management and real estate investment trust Vici Properties.

Sands looks to new markets

Sands financials new markets
Speaking during his first earnings call since taking the helm, Las Vegas Sands new chairman and CEO Rob Goldstein said the company is looking at potential expansion opportunities in the US, and is also open to sports betting and iGaming.

Sands looks to Dallas in Texas legalisation push

Sands look to Dallas Texas legislation
Las Vegas Sands has set its sights on Dallas as the company lobbies for the legalisation of casinos in the Lone Star State. However, the firm could face an uphill climb, with lieutenant governor Dan Patrick stating that pro-gambling measures will not “see the light of day” this legislative session.

Maybe it’s because I’m a Londoner

Londoner Macao resort
Part of Sands’ ongoing investment in Asia, The Londoner Macao, a $2bn redevelopment of Sands Cotai Central, is on track to launch in February. Meanwhile, over in the US, Sands is is looking at selling its Las Vegas assets.

Sands confident in long-term plans despite mixed Q2 in Macau

Sands confident plans Macau
Sands shrugged off an underwhelming Q2 in Macau, with the company’s president and COO Rob Goldstein focusing on the firm’s plans to expand its..