Las Vegas Sands Corp.
name
Las Vegas Sands Corp.
id
LVS
summary
Las Vegas Sands Corporation is an American casino and resort company headquartered in Paradise, Nevada, United States. Founded by Sheldon Adelson and partners in 1988, it originated from the Sands Hotel and Casino on the Las Vegas Strip, which was redeveloped into The Venetian. The company expanded globally, notably in Asia with properties in Macau and Singapore. As of 2020, it is the third-largest casino company worldwide by revenue. The company sold its Las Vegas properties in 2022 but continues to operate several resorts in Asia, including the Marina Bay Sands in Singapore and multiple properties in Macau through its majority-owned subsidiary Sands China.
founded
November 17, 1988
founder
Sheldon Adelson
headquarters
Paradise, Nevada, U.S.
industry
Hospitality, Tourism
revenue
US$10.4 billion (2023)
operating income
US$2.31 billion (2023)
net income
US$1.43 billion (2023)
total assets
US$21.8 billion (2023)
total equity
US$4.10 billion (2023)
number of employees
38,700 (2023)
subsidiaries
Sands China (69.9% ownership)