LVS - Las Vegas Sands Corp
Company Overview
Name
Las Vegas Sands Corp
Tickers
LVS
Exchanges
NYSE
Employees
38700
Founded
2004
Sector Information
Other Information
CIK
1300514
Category
Large accelerated filer
1-Line Summary
Las Vegas Sands Corp. is a premier developer and operator of Integrated Resorts featuring gaming, luxury accommodations, and extensive entertainment facilities.
Company summary
Las Vegas Sands Corp. (LVSC) is a leading global developer and operator of Integrated Resorts, which combine premium accommodations with world-class gaming, entertainment, retail, and convention facilities. The company operates notable resorts in Macao and Singapore, with a focus on mass market gaming as a major revenue source. Their unique marketing strategy leverages their convention facilities to attract business travelers during weekdays while catering to leisure visitors on weekends. Through a diversified portfolio, they seek to enhance customer experience by offering a full complement of amenities, including luxury dining and entertainment options.
The company emphasizes sustainable practices and community engagement through its Sands Cares charitable initiatives while developing market-leading MICE (Meetings, Incentives, Conventions, and Exhibitions) facilities. LVSC's significant investment in non-gaming attractions positions it to capture a growing segment of the tourism market in Asia as the region sees an increase in the middle class and high-net-worth individuals. Their operational strategy is geared toward leveraging its scale for economic advantages in both gaming and non-gaming revenue streams, cementing its status in the hospitality and gaming sectors.
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