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Last Updated: 2026
Las Vegas Sands image

Las Vegas Sands

Rank#960
Market Cap25.38B
CountryUnited States
Summary
History
Mission
References
Summaryarrow

Las Vagas Sand Crop is a developer of mobile applications. They have been developing applications regarding Travel for providingLas Vagas Sand Crop is a developer of mobile applications. They have been developing applications regarding Travel for providing informations to its users. Their applications are supported by iPads and iPhones.

Historyarrow

1988: A Rocky Beginning: 1988 1988: Financier Kirk Kerkorian buys the Las Vegas Sands Hotel, announces its sale to The Interface Group (TIG); and TIG forms Las Vegas Sands, Inc. (LVSI) to run the property.

1989: In February 1989, the Nevada Gaming Control Board approved the sale. Ten years after founding COMDEX, Adelson and his partners bought the famous Sands Hotel in 1989.

1990: 1990: Lewin is fired; Al Benedict assumes leadership of the hotel, resigns in August; and Steve Norton is named interim president. They opened the Sands Expo and Convention Center across from the hotel in 1990.

1991: In 1991, Adelson assumed leadership of the hotel, and in the ensuing years the convention center nearly doubled in size, to 1.15 million square feet.

1995: A New Resort and a Look Ahead: 1995 They then sold it in 1995 for more than $800 million.

1996: In 1996, Adelson imploded the Sands Hotel to make room for The Venetian.

1997: On April 14, 1997, the Venetian Resort-Hotel-Casino broke ground.

1999: The Venetian opened on May 3, 1999.

2001: Concrete plans for this development were suspended in the wake of the September 11, 2001, attacks in New York City that severely impacted the tourism industry.

2002: In May 2002 the company issued $850 million in second mortgage notes to refinance their debt and allow for these expansions. In the first quarter of 2002, the Venetian was one of only three Las Vegas hotels that showed increased cash flow compared with the same quarter the previous year.

2004: Las Vegas Sands was founded in August 2004 and is headquartered in Las Vegas, NV.” Las Vegas Sands opened the Sands Macao in 2004. In 2004, Adelson took the Venetian's parent company public: Las Vegas Sands Inc. became Las Vegas Sands Corp.

2007: The hotel officially opened at 7:18 p.m. on August 28, 2007, a time that was believed to have good feng shui.

2009: The Sands Casino Resort opened in Bethlehem, Pennsylvania on May 22, 2009.

2010: After it opened at the end of April, 2010, it posted a $600 million operating profit in the first eight months of business, a record in the industry.

2012: In September 2012, Las Vegas Sands Corp. announced Madrid had been chosen as the destination for the gambling resort project dubbed Eurovegas.

2013: More precisely, in February 2013 it was reported the town of Alcorcón, in the outskirts of the Spanish capital had been chosen as the site for the "EuroVegas" project.

2019: In May 2019, the company sold Sands Bethlehem to the Poarch Band of Creek Indians of Alabama for $1.3 billion.

Missionarrow

We aim to create positive impact through business and leisure tourism, contributing economic benefits to our host communities and making our regions better places to live, work and visit.

Referencesarrow

https://en.wikipedia.org/wiki/Las_Vegas_Sands

https://www.zippia.com/las-vegas-sands-careers-6672/

https://www.crunchbase.com/organization/las-vegas-sands

https://www.companieshistory.com/las-vegas-sands/

https://sec.report/CIK/0001300514

https://companiesmarketcap.com/largest-companies-by-revenue/

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Leadership team
A
Andrew MacDonald (Senior Vice President and Chief Casino Officer)
A
Angela Jones (Vice President, Global Office of The CIO and Innovation)
Products / Services
Gambling, casinos, resorts
Number of Employees
20,000 - 50,000
Address
Las Vegas, Nevada, United States
Established
1988-01-01
Company Registration
SEC CIK number: 0001300514
Revenue
$1B+
Traded as
LVS
Website
sands.com
Social Media
facebookx
Last Updated: 2026
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