Operates the Venetian
resort in Las Vegas and Macau.
3355 Las Vegas Boulevard South
Las Vegas, NV 89109
CEO: Sheldon Adelson
Stock Symbol: LVS
Las Vegas Sands Corp. is one of the leading
international developers of casino resorts.
The Las Vegas company owns The Venetian and Palazzo Hotel Casinos and the Sands Expo and Convention Center in Las Vegas. In Macao, it owns The Sands Macao, the Venetian Macao Resort Hotel Casino and Four Seasons Hotel. It also owns the Marina Bay Sands Casino Resort in Singapore which opened in 2010. The Sands Cotai Central opened in 2012.
The Venetian in Las Vegas is modeled after
the Italian city of Venice complete with gondolas and indoor
waterways. The Venetian is one of the most luxurious resorts
in the world. It has no buffets unlike other Vegas casinos and
the Tao Nightclub and restaurant is one of the hottest spots
in Vegas. Tao is also the highest grossing restaurant in the
The company also operates the Sands Casino Bethlehem Resort in Bethlehem, PA on the site of a former Bethlehem Steel plant which features a 300-room hotel, retail space, 129 table games and 3,000 slot machines.
In 2012, the company reported record revenues of $11.13 billion, an 18.3% increase, and net income of $1.77 billion.
SheldonAdelson, chairman and chief executive officer, said the following: "In Macao, we delivered record financial results, with outstanding growth and strong operating momentum reflected in every segment of our business. We welcomed a record 11 million visitors to our Cotai Strip Properties during the quarter, including five million in the month of December. We remain confident that our market-leading Cotai Strip properties; The Venetian Macao, Four Seasons Hotel Macao and Plaza Casino, and Sands Cotai Central, with their unrivaled hotel inventory of nearly 9,000 rooms and suites, including the world's largest Sheraton, Conrad and Holiday Inn, and 28 million square feet of interconnected Integrated Resort capacity, will meaningfully enhance the appeal of Macao and the Cotai Strip to business and leisure travelers and provide an outstanding platform for growth in the years ahead."
The company was founded in 1988 by Sheldon
Adelson, who purchased the Sands Hotel in Las Vegas. Adelson
was an owner of the COMDEX technology trade shows. The legendary
Sands Hotel was demolished in 1996 to make way for the Venetian.
The first phase of the Venetian Casino
Resort opened in Las Vegas in May 1999, which originally consisted
of 3,036 suites though the number of suites was reduced over
time to 3,014 based on renovations and remodeling. The Venezia
tower, a 1,013 hotel suite expansion of the Venetian Casino Resort,
was completed and opened for business on June 26, 2003. The Venetian
Casino Resort now includes a total of 4,027 suites; a gaming
facility of approximately 116,000 square feet consisting of approximately
2,000 slot machines and 139 table games; and the Congress Center,
a meeting and conference facility with approximately 650,000
square feet. In addition, The Grand Canal Shoppes is located
within the Venetian Casino Resort and offers approximately 440,000
square feet of shopping, dining and entertainment space directly
accessible from the Strip.
On May 18, 2004, a portion of the Sands
Macao opened, the first Las Vegas-style casino to open in Macau,
located at the heart of Macau's gaming district. In October 2004,
the Sands Macao had 825,651 visits. The company opened the remainder
of the Sands Macao during late August 2004 and the property now
offers approximately 328 table games, such as baccarat, Pai Gow,
Pai Gow Poker, blackjack and roulette, and approximately 670
slot machines or similar electronic gaming devices.
The Palazzo at Las Vegas held a soft opening
on December 30, 2007 before an official grand opening in January
Unmatched heath care coverage for Team
Members (and their eligible dependents) which includes:
- PPO/HMO Medical Plan Selections
- Dental Plan
- Vision Plan
- Prescription Coverage with Free Generic Prescriptions
Company Paid Short Term Disability Coverage
Company Paid Life Insurance
Company Paid Dependent Life Insurance
VISTA Team Member Assistance Program
On-Site Wellness Center Accessible 24/7
Free Meal Daily at the Team Member Dining
Room, Ristorante Ciao (During Workdays Only)
401(k) Plan with Company Match
Updated June 13, 2013