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Las Vegas Sands Corporation

Las Vegas Sands Corporation
Public
Traded as LVS
Industry Hospitality, Tourism
Founded 1988; 29 years ago (1988)
Founder Sheldon G. Adelson
Headquarters Paradise, Nevada, U.S.
Area served
Global
Key people
Sheldon G. Adelson
(Chairman & CEO)
Products Gambling, Hotels, Entertainment, Casinos, Resorts
Revenue IncreaseUS$ 14.5 billion (FY 2014)
Increase US$ 4.09 billion (FY 2014)
Increase US$ 2.84 billion (FY 2014)
Total assets Increase US$ 22.3 billion (FY 2014)
Total equity Increase US$ 7.21 billion (FY 2014)
Owner Sheldon Adelson (52%)
Number of employees
40,000 (2011)
Website www.lasvegassands.com

Las Vegas Sands Corporation is an American casino and resort operating company based in Paradise, Nevada, United States. Its resorts feature accommodations, gaming and entertainment, convention and exhibition facilities, restaurants and clubs, as well as an art and science museum in Singapore.

It has several resorts in the United States and Asia. Among its properties in the United States are two resorts on the Las Vegas Strip: The Venetian and The Palazzo. Also in the United States is the Sands Casino Resort Bethlehem, located in Bethlehem, Pennsylvania.

In Asia, the Marina Bay Sands located in Singapore is the most recent addition to the company's portfolio. Through its majority-owned subsidiary Sands China Ltd., the company owns several properties in Macau, including The Venetian Macao, The Plaza Macao, Four Seasons Hotel Macao and the Four Seasons-branded apartments at the Sands Cotai Central development, as well as the Sands Macao on the Macau peninsula. The company has opened a 6,400-room complex at the Sands Cotai Central in 2012, which featured the Sheraton, St. Regis, Holiday Inn, and Conrad hotel brands. It is the largest casino company worldwide.

Entrepreneur Sheldon Adelson and his partners Richard Katzeff, Irwin Chafetz, Ted Cutler, and Jordan Shapiro bought the famous Sands Hotel in 1989. They opened the Sands Expo and Convention Center across from the hotel in 1990. The 1.2-million-square-foot center is currently the largest privately owned convention facility in the world.


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