Welcome to our dedicated page for Las Vegas Snds news (Ticker: LVS), a resource for investors and traders seeking the latest updates and insights on Las Vegas Snds stock.
Las Vegas Sands Corp. (NYSE: LVS), a global leader in integrated resort development, maintains this dedicated news hub for investors and industry observers. Access official press releases, financial updates, and strategic announcements from the company behind iconic properties like Marina Bay Sands and The Venetian Macao.
This resource provides centralized access to critical updates including earnings reports, property expansions, sustainability initiatives, and market developments across LVS's global operations. Monitor operational milestones in gaming, hospitality, and convention sectors while staying informed about Asia-Pacific market strategies.
All content is sourced directly from company communications and verified financial channels, ensuring reliability for investment research and market analysis. Bookmark this page for streamlined tracking of LVS's performance in luxury resort operations and corporate developments.
Las Vegas Sands (LVS) announced a $75,000 donation to the Asian Community Development Council (ACDC) to support a capital campaign aimed at improving access to social services for non-English speaking communities in Southern Nevada. This donation is part of ACDC's $500,000 goal to develop the In-Language Client Success Advocacy Program, addressing language barriers and enhancing service access for the Filipino, Chinese, Korean, Vietnamese, and Thai communities. The initiative is especially critical amid rising discrimination against AAPI individuals during COVID-19.
Las Vegas Sands Corp. (NYSE: LVS) reported a net revenue of $1.20 billion for Q1 2021, down 15.6% year-over-year. The company faced an operating loss of $96 million compared to a gain of $6 million last year, with a net loss from continuing operations totaling $280 million. The company is selling its Las Vegas properties for approximately $6.25 billion, expected to close in Q4 2021. Despite pandemic-related travel restrictions affecting performance, LVS is confident in the recovery of travel and tourism spending.
Las Vegas Sands (NYSE: LVS) will announce its financial results for the quarter ended March 31, 2021, on April 21, 2021, shortly after the NYSE market close. An earnings conference call is set for 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss the results, which can be accessed via a webcast on the company’s Investor Relations website.
Las Vegas Sands is a leading developer and operator of Integrated Resorts, significantly contributing to local economies through tourism and job creation.
Las Vegas Sands (NYSE: LVS) will participate in the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on March 11, 2021. Key executives, including Chairman and CEO Robert G. Goldstein and President and COO Patrick Dumont, will discuss company insights starting at 1:15 p.m. PT. A webcast of the event will be available on the company's Investor Relations webpage. Las Vegas Sands is a leading developer of integrated resorts, significantly impacting local economies through job creation and tourism growth.
Las Vegas Sands (NYSE: LVS) has announced the sale of its Las Vegas properties, including The Venetian Resort and the Sands Expo, for approximately $6.25 billion. An affiliate of Apollo Global Management will acquire the operational assets for $1.05 billion in cash plus $1.2 billion in seller financing, while VICI Properties will purchase the real estate assets for $4.0 billion. The sale, while significant, opens new avenues for growth as LVS refocuses on its Asian operations and potential domestic developments.
Las Vegas Sands Corp. (NYSE: LVS) reported its financial results for Q4 2020, revealing a net revenue decline of 67.3% year-over-year to $1.15 billion. The company experienced an operating loss of $211 million, contrasting with a $934 million profit in Q4 2019. Full-year losses reached $1.69 billion or $(2.21) per diluted share. Notably, Sands China Ltd. saw a 69.9% revenue drop compared to the previous year. Despite challenges, the management remains committed to growth and investing in new markets, aiming for recovery in tourism.
Las Vegas Sands has appointed Robert G. Goldstein as chairman and CEO, following the death of founder Sheldon G. Adelson on January 11, 2021. Goldstein, a long-time executive, had been serving as acting CEO since January 7. Patrick Dumont takes on the role of president and COO, and Randy Hyzak is now CFO. The leadership change aims to honor Adelson's legacy while pursuing future growth. Goldstein emphasizes a commitment to the company's core principles and community support, while continuing to provide shareholder returns.
Las Vegas Sands (NYSE: LVS) will announce its financial results for the quarter ended December 31, 2020 on January 27, 2021, shortly after the market close. A conference call will follow at 1:30 p.m. PT to discuss the results. The call can be accessed via the company's Investor Relations webpage. As a leading operator of Integrated Resorts, Las Vegas Sands focuses on delivering economic benefits to the communities it operates in.
Dr. Miriam Adelson announced the death of her husband, Sheldon G. Adelson, Chairman and CEO of Las Vegas Sands, due to complications from a long illness. Celebrated for his entrepreneurial spirit, Sheldon rose from humble beginnings to become a significant figure in business and philanthropy. His legacy includes commitment to his employees, ensuring their wages during the COVID-19 crisis, and substantial contributions to various charitable causes. Dr. Adelson reflects on their life together and the immense impact he had on countless lives, emphasizing his American patriotism and dedication to social good.
FAQ
What is the current stock price of Las Vegas Snds (LVS)?
What is the market cap of Las Vegas Snds (LVS)?
