Las Vegas Sands Corporation history, company profile (overview) and history video
Las Vegas Sands Corporation is a developer and operator of Integrated Resort Destinations. It is headquartered in Paradise, Nevada, United States.
The company’s integrated resorts feature luxury hotels, gaming, celebrity chef restaurants, retail, and an action-packed schedule of concerts, shows, exhibits, and other attractions.
HISTORY
Las Vegas Sands Corporation’s history began in 1989 when the entrepreneur Sheldon Adelson and his partners Richard Katzeff, Irwin Chafetz, Ted Cutler, and Jordan Shapiro bought the famous Sands Hotel in Las Vegas. Ten years earlier, Sheldon Adelson also founded COMDEX, an industry-defining computer trade show.
In 1990, the Sands Expo and Convention Center opened adjacent to the Sands Hotel. The Sands Expo and Convention Center was one of the world’s largest privately owned convention centers.
In 1996, while honeymooning in Venice with Dr. Miriam Adelson, Mr. Sheldon Adelson was inspired by his wife’s suggestion to “combine the romantic atmosphere of Venice with all of the luxuries that can only be found in Las Vegas”.
In 1996, Sheldon Adelson sold COMDEX and demolished the Sands Hotel to make room for Sands’ Venice-inspired Integrated Resort, The Venetian Resort Las Vegas.
In 1999, The Venetian Resort Las Vegas was opened.
In 2004, the company was listed on the New York Stock Exchange and opened its first property in Asia, Sands Macao in Macao (SAR), China. Sands Macao was the first Las Vegas-style casino in the region and the first American-based hospitality development in Asia.
In 2007, The Venetian Macao, the world’s largest inhabited building at the time, was opened.
In 2007, the company also opened The Palazzo in Las Vegas, which displaced the Pentagon as the largest U.S. building at the time.
In 2008, the company opened The Plaza Macao, which is home to the exclusive Paiza Mansions, the Four Seasons Hotel Macao, The Shoppes at Four Seasons, and an array of award-winning dining options.
In 2009, Sands Casino Resort Bethlehem was opened.
In 2010, the company opened the iconic Marina Bay Sands, a national landmark in Singapore.
In 2012, Sands Cotai Central began opening in phases and was completed in 2015 with the opening of The St. Regis Macao, Cotai Central.
In 2016, The Parisian Macao was opened.
In 2019, the company sold Sands Casino Resort Bethlehem to Wind Creek Hospitality.
In 2019, the company also rebranded the Sands Cotai Central as The Londoner.
In 2022, the company sold The Venetian Resort Las Vegas to focus on its investments in Asia and the development of emerging markets and geographies.
PROPERTIES
- The Venetian Macao
- Sands Macao
- The Londoner Macao
- The Plaza Macao & Four Seasons Hotel Macao
- The Parisian Macao
- Marina Bay Sands (Singapore)
With more than 45,000 employees, Las Vegas Sands Corporation is considered one of the world’s largest companies in developing and operating international, world-class integrated resorts. According to Forbes, it is considered one of the Largest Public Companies in the World.
*Information from Forbes.com, Wikipedia.org, and www.sands.com
**Video published on YouTube by “Las Vegas Sands“