Las Vegas Sands Corp. (NYSE: LVS)
Resorts & Casinos · Las Vegas, NV, United States · Founded 1988
- Market capitalization: $30.0 billion
- Annual revenue: $13.02 billion
- Net income: $1.63 billion
- Employees: 40,000
- Sector: Consumer Cyclical
- Headquarters: Las Vegas, United States
- Founded: 1988
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Las Vegas Sands is the world's largest casino company by market capitalization, operating integrated resorts in Macau (the Venetian Macao, Londoner Macao, Parisian Macao) and Singapore (Marina Bay Sands). Despite its name, the company sold its Las Vegas properties in 2021 and now derives all revenue from Asia. Marina Bay Sands is one of the most profitable single properties in the global gaming industry.
Las Vegas Sands earns revenue from casino gaming, hotel operations, convention and exhibition hosting, retail mall leasing, and food and beverage across its integrated resort properties. The MICE (meetings, incentives, conventions, exhibitions) model drives non-gaming revenue that diversifies beyond pure gambling.
Sheldon Adelson founded Las Vegas Sands in 1988 and pioneered the integrated resort concept—combining casinos with convention centers, hotels, and shopping malls. The Venetian Macao, opened in 2007, was the largest casino in the world. Adelson passed away in 2021, and the company sold its Las Vegas properties for $6.25 billion to focus exclusively on Asia.
| Market Capitalization | $30.0B |
| Annual Revenue | $13.02B |
| Net Income | $1.63B |
| Profit Margin | 13% |
| Revenue per Employee | $325500K |
| Stock Exchange | NYSE |
| Ticker Symbol | LVS |
Financial data is approximate and based on most recent annual filings.
Marina Bay Sands in Singapore generates more gaming revenue per square foot than virtually any other casino on Earth. Sheldon Adelson was one of the richest people in the world at his death, with a fortune built almost entirely from the casino industry.
Las Vegas Sands is a pure bet on Asian gaming recovery and growth—Macau's rebound from COVID and Singapore's expansion provide the near-term catalysts. The concentration risk is obvious, but the quality of the assets and the growth potential of Asian gaming are hard to replicate.
What is Las Vegas Sands Corp.'s revenue?
Las Vegas Sands Corp. generates approximately $13.02 billion in annual revenue.
How many employees does Las Vegas Sands Corp. have?
Las Vegas Sands Corp. employs approximately 40,000 people worldwide.
What is Las Vegas Sands Corp.'s market cap?
Las Vegas Sands Corp. (LVS) has a market capitalization of approximately $30.0 billion on the NYSE.
When was Las Vegas Sands Corp. founded?
Las Vegas Sands Corp. was founded in 1988 and is headquartered in Las Vegas, NV, United States.
Who is the CEO of Las Vegas Sands Corp.?
Robert Goldstein is the current CEO of Las Vegas Sands Corp..
What is Las Vegas Sands Corp.'s website?
Las Vegas Sands Corp.'s official website is sands.com.
| CEO | Robert Goldstein |
| Sector | Consumer Cyclical |
| Industry | Resorts & Casinos |
| Founded | 1988 |
| HQ | Las Vegas, NV |
| Country | United States |
| Website | sands.com |
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