Tag: Sands Corporation
Sands Corporation Wants to “Lead” Digital Gaming
Despite multiple years and millions of dollars fighting online gambling, the Sands Corporation has stated that the company is “…determined to grow its leadership position” for digital gaming within the industry. The announcement comes as the company has hired Davis Catlin, who joins the company after spending the past fourteen years at an investment firm. Their ambition is to grow technologies in the business-to-business space of digital gaming. Despite online gaming being around for over two decades, the Sands stated that “Digital gaming and other related offerings are still very much in the early stages of development…”, and we hope…
Sands Corporation: Leaving Las Vegas
It’s been less that two months since the Sands Corporation lost their leader, Sheldon Adelson. And now the company has made a major announcement about their future in Nevada: There is none! A deal has been reached which will allow Apollo Global Management and Vici Properties to buy the Sands Las Vegas properties for $6.25 billion. When completed, the Sands will no longer have a presence in Sin City… or Nevada, for that matter. The Las Vegas Sands Corporation will subsequently change it’s name to simply “Sands” as a result. Sands CEO Robert Goldstein said “The Venetian changed the face…
Vegas Casino Employees Could be Fired Over Masks
As Nevada continues to report record new cases of Coronavirus, some Las Vegas casino employees could be terminated for refusing to wear face masks. Spokespersons for The Venetian and Caesars have both indicated that masks are a condition of employment. The Las Vegas Sands Corporation, who run The Venetian, has said that employees who fail to wear a face-covering “will be subject to progressive discipline up to and including termination”. Meanwhile, Caesars CEO Tony Rodio said “the failure to wear your mask at work will be grounds for termination.” Guests are still being required under the current mandate to wear…
Sands Shoots for Las Vegas Strip Reopen in August
No one is sure when things will get back to normal, but one casino operator in planning for August to see the Las Vegas strip reopen. “The question is going to be airlift into Las Vegas,” Robert Goldstein, president and chief operating officer of the $34.9 billion Las Vegas Sands, said on the company’s first-quarter earnings call on Wednesday evening. “I don’t know how airlift would look in the next 90 days” or how the economic downturn will affect Americans’ travel plans, he added. “But group business appears to be out there for August and into the fall.” Earlier on…