Las Vegas Snds Stock Price, News & Analysis

Las Vegas Sands (LVS) is partnering with Americares for National Preparedness Month 2024, focusing on disaster readiness in the Greater New York area. Sands Cares has supported Americares for four years, enabling the recruitment of 25 new Global Roster members and hosting training sessions in New York and Connecticut. The partnership also strengthened Americares' Asia Regional Response Hub, facilitating emergency deployments and specialized training.

Key achievements include:

• Deployment of 62 emergency response team members for 337 days across various incidents
• Recruitment of 87 roster members in the Asia-Pacific region
• 354 roster members creating accounts on the new Americares Global Roster Portal

Sands' support has significantly enhanced Americares' emergency response capabilities and accelerated recruitment and training programs. Future plans include building emergency response capabilities in Texas and Louisiana.

Las Vegas Sands (NYSE:LVS) announced its role as a presenting partner sponsor for the Clinton Global Initiative (CGI) meeting on Sept. 23-24 in New York City. This sponsorship aligns with Sands' commitment to addressing economic, social, and environmental issues globally. The CGI meeting, coinciding with the U.N. General Assembly, brings together leaders to drive progress on various global challenges.

Sands' corporate responsibility program focuses on three pillars: People, Communities, and Planet. Key goals include investing $200 million in workforce development by 2025, contributing 250,000 Team Member volunteer hours, and reducing emissions by 17.5% compared to 2018 levels. The company's efforts span economic empowerment, diversity and inclusion, hardship relief, and climate change initiatives.

Las Vegas Sands (NYSE:LVS) has partnered with the Hispanic Association of Colleges and Universities (HACU) to award 13 students from Hispanic-serving institutions with Sands Hospitality Advancement Scholarships. The scholarships, valued at $5,000 and $2,500, support students pursuing careers in the travel, tourism, and leisure industry.

Recipients attend universities in Las Vegas and the Dallas-Fort Worth metro area. This initiative is part of Sands' commitment to building a diverse and capable hospitality industry workforce. It aligns with the company's 2021-2025 ambition to invest $200 million in workforce development, of which $181 million had been contributed by the end of 2023.

The program is one of several initiatives by Sands to strengthen the hospitality industry's talent pipeline, including partnerships with educational institutions, training opportunities, and mentorship programs.

Las Vegas Sands (NYSE: LVS) has partnered with the Hispanic Association of Colleges and Universities (HACU) to award 13 Sands Hospitality Advancement Scholarships to students from Hispanic-serving institutions in Las Vegas and the Dallas-Fort Worth metro area. The scholarships, valued at $5,000 and $2,500, support students preparing for careers in the travel, tourism, and leisure industry.

Recipients attend the University of Nevada, Las Vegas, College of Southern Nevada, University of North Texas, and Dallas College. This initiative is part of Sands' commitment to building a thriving hospitality industry workforce and its 2021-2025 ambition to invest $200 million in workforce development. By the end of 2023, Sands had contributed $181 million toward this goal.

Marina Bay Sands held its 10th Sands for Singapore Charity Festival from August 23-25, 2024, raising over $3.5 million for local charities. This brings the total amount generated since 2013 to nearly $30 million. The festival featured various activities, including:

1. The Community Chest Heartstrings Walk and Vertical Marathon
2. The Giving Marketplace with 16 booths
3. Scoops of Hope ice cream pop-up
4. Heartwork: Upcycling for Good initiative

More than 4,000 Marina Bay Sands Team Members participated in over 20 volunteer activations, contributing more than 6,600 volunteer hours. The festival is part of the global Sands Cares community engagement program, which aims to make positive impacts in Sands' regions.

Las Vegas Sands (LVS) supported a week-long study tour for 16 University of North Texas (UNT) hospitality students through its Sands Cares global community engagement program. The tour, aimed at workforce development in the hospitality industry, included visits to Sands' corporate headquarters and various Las Vegas resorts.

Students gained insights into diverse career paths from Sands executives and other industry professionals. The tour covered areas such as hotel operations, casino operations, marketing, and customer loyalty. It also included a visit to the Konami Gaming Lab at UNLV and a comprehensive tour of The Venetian Resort.

This initiative is part of Sands' broader efforts in hospitality education, which include programs like the Sands Hospitality Immersion Program with the Thurgood Marshall College Fund and a $1 million Sands Hospitality Scholarship Program in Singapore.

Las Vegas Sands (LVS) is actively addressing food waste reduction in alignment with the UN's International Day of Awareness of Food Loss and Waste Reduction 2024. The company aims to reduce food waste by 25% by 2025 as part of its Sands ECO360 global sustainability program. Strategies include:

1. Engaging stakeholders through improved processes and education campaigns
2. Preventing waste through alternative uses and food donations
3. Accelerating to zero food waste in Singapore
4. Tackling new challenges, such as repurposing coconut shells

In 2023, Sands' resorts donated over 9,000 kilograms of unserved food. Marina Bay Sands increased food waste diversion from 33% to 54% between January and December 2023. The company continues to innovate and set new targets to stretch its impact on food waste reduction.

Sands and Thurgood Marshall College Fund (TMCF) hosted 15 historically Black colleges and universities (HBCUs) students for the second Sands Hospitality Immersion Program in Las Vegas. The program, aimed at inspiring diverse students to consider careers in hospitality, provided a comprehensive introduction to the travel, tourism, and leisure industry.

The multi-day immersion included on-campus learning sessions, industry speakers, interactive activities, and tours of integrated resorts, convention spaces, and sports venues. Students from various disciplines gained insights into different aspects of hospitality, including food and beverage operations, events and entertainment, and casino gaming.

The program is part of Sands Cares global community engagement initiative and aligns with the company's focus on education, workforce development, and diversity, equity, and inclusion. It aims to cultivate a diverse and inclusive workforce in the hospitality industry, which is one of the world's fastest-growing and largest employment fields.

Sands China and Marriott International are set to introduce the first Luxury Collection Hotel in Macao. The Londoner Grand, located within The Londoner® Macao, aims to offer guests a unique blend of British charm and Macanese culture. Designed by Peter Silling & Associates, the hotel features Georgian-inspired architecture with elegant rooms and suites reminiscent of London's Mayfair district.

The hotel will add 2,405 rooms and suites to The Londoner Macao, along with five new dining concepts. These include Hampton Court (international and Chinese buffet), Chelsea Garden (all-day dining), The Conservatory (dim sum, tearoom, confectionery, and British pub), and two signature Chinese restaurants. This expansion aims to enhance The Londoner Macao's position as a premier resort destination for both business and leisure travelers, supporting Macao's status as a World Centre of Tourism and Leisure.