Sands

Apollo Funds to Acquire The Venetian Resort and Sands Expo and Convention Center Operating Company from Las Vegas Sands

Retrieved on: 
Wednesday, March 3, 2021

NEW YORK, March 03, 2021 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, Apollo) today announced that funds managed by its affiliates (the Apollo Funds) have entered into a definitive agreement to acquire The Venetian Resort and Sands Expo and Convention Center Operating Company in Las Vegas (The Venetian) from Las Vegas Sands Corporation (NYSE: LVS) (Las Vegas Sands).

Key Points: 
  • NEW YORK, March 03, 2021 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, Apollo) today announced that funds managed by its affiliates (the Apollo Funds) have entered into a definitive agreement to acquire The Venetian Resort and Sands Expo and Convention Center Operating Company in Las Vegas (The Venetian) from Las Vegas Sands Corporation (NYSE: LVS) (Las Vegas Sands).
  • Under the terms of the transaction, Apollo Funds will acquire the operating company of The Venetian, an iconic Las Vegas property and one of the largest integrated resorts in the world, for $2.25 billion.
  • Simultaneous with the closing of the transaction, the Apollo Funds will enter into a long-term, triple net lease agreement for The Venetian with VICI.
  • A marquee property on the Las Vegas Strip, The Venetian features three luxury hotel towers offering guests an array of gaming, entertainment, shopping and dining experiences.

Clean the World in Partnership with Clark County, NV Government Expands Fresh Start WASH & Wellness Program to Provide Homeless Community with Showers & COVID-19 Testing

Retrieved on: 
Thursday, February 25, 2021

Clean the World Foundation , the nonprofit entity for the Clean the World enterprise, will be the organization that operates the new units.

Key Points: 
  • Clean the World Foundation , the nonprofit entity for the Clean the World enterprise, will be the organization that operates the new units.
  • In 2017, Clean the World launched the inaugural Sands Cares Fresh Start WASH & Wellness Program in Las Vegas, Nevada, sponsored by Las Vegas Sands .
  • The expansion of the Fresh Start WASH & Wellness Program in Clark County is expected to accelerate the successful transition to housing, treatment, and job placement services for this underserved community.
  • Clean the World is looking for sponsors to help cover the operations of the Fresh Start WASH and Wellness Program.

Las Vegas Sands Ranks Highest Among Integrated Resort Developers on Fortune's "World's Most Admired Companies" List

Retrieved on: 
Tuesday, February 2, 2021

LAS VEGAS, Feb. 1, 2021 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS) has again been named one of the "World's Most Admired Companies" in Fortune's annual list of the most respected and reputable businesses, ranking highest overall and tops in social responsibility among hotel and gaming Integrated Resort operators.

Key Points: 
  • LAS VEGAS, Feb. 1, 2021 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS) has again been named one of the "World's Most Admired Companies" in Fortune's annual list of the most respected and reputable businesses, ranking highest overall and tops in social responsibility among hotel and gaming Integrated Resort operators.
  • Sands' 2021 appearance on the list is its fifth straight and eighth in the past nine years.
  • About Las Vegas Sands Corp. (NYSE: LVS)
    Las Vegas Sandsis the world's preeminent developer and operator of world-class Integrated Resorts.
  • Our properties include The Venetian Resort and Sands Expo in Las Vegas, and the iconic Marina Bay Sands in Singapore.

Walker Sands Elevates Mike Santoro to Chief Executive Officer

Retrieved on: 
Tuesday, January 26, 2021

He succeeds Ken Gaebler, founder of Walker Sands and the company's CEO for the past 20 years.

Key Points: 
  • He succeeds Ken Gaebler, founder of Walker Sands and the company's CEO for the past 20 years.
  • Santoro has played a pivotal part in the Chicago marketing community throughout his 14 years at Walker Sands.
  • "If 2020 demonstrated one thing to me, it's that the people of Walker Sands are truly incredible," said Santoro.
  • He has designed and implemented rigorous processes around budgeting, forecasting and financial reporting that have enabled Walker Sands' strong growth.

Las Vegas Sands to Announce Fourth Quarter 2020 Financial Results

Retrieved on: 
Wednesday, January 20, 2021

LAS VEGAS, Jan. 20, 2021 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS) announced today that it will release its financial results for the quarter ended December 31, 2020 on Wednesday, January 27, 2021.

Key Points: 
  • LAS VEGAS, Jan. 20, 2021 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS) announced today that it will release its financial results for the quarter ended December 31, 2020 on Wednesday, January 27, 2021.
  • About Las Vegas Sands Corp. (NYSE: LVS)
    Las Vegas Sandsis the world's preeminent developer and operator of world-class Integrated Resorts.
  • Our properties include The Venetian Resort and Sands Expo in Las Vegas, and the iconic Marina Bay Sands in Singapore.
  • Sands is dedicated to being a good corporate citizen, anchored by the core tenets of serving people, planet and communities.

Las Vegas Sands Announces Passing of Company Founder and Industry-Changing Entrepreneur Sheldon G. Adelson

Retrieved on: 
Tuesday, January 12, 2021

LAS VEGAS, Jan. 12, 2021 /PRNewswire/ -- Las Vegas Sands issued the following statement announcing the death of company Chairman and Chief Executive Officer Sheldon G. Adelson:

Key Points: 
  • LAS VEGAS, Jan. 12, 2021 /PRNewswire/ -- Las Vegas Sands issued the following statement announcing the death of company Chairman and Chief Executive Officer Sheldon G. Adelson:
    Our founder and visionary leader, Sheldon G. Adelson, passed away last night at the age of 87 from complications related to treatment for non-Hodgkin's Lymphoma.
  • In Las Vegas, Macao and Singapore, Mr. Adelson's vision for integrated resorts transformed the industry, changed the trajectory of the company he founded, and reimagined tourism in each of those markets.
  • Mr. Adelson was the first employee of Las Vegas Sands "Team Member Number One" he liked to say.
  • Our properties include The Venetian Resort and SandsExpo in Las Vegas and the iconic Marina BaySands in Singapore.

Las Vegas Sands Chairman Sheldon G. Adelson to take Medical Leave of Absence

Retrieved on: 
Thursday, January 7, 2021

LAS VEGAS, Jan. 7, 2021 /PRNewswire/ --In March of 2019, Las Vegas Sands Chairman and Chief Executive Officer Sheldon G. Adelson announced he was receiving treatment for non-Hodgkin's lymphoma.

Key Points: 
  • LAS VEGAS, Jan. 7, 2021 /PRNewswire/ --In March of 2019, Las Vegas Sands Chairman and Chief Executive Officer Sheldon G. Adelson announced he was receiving treatment for non-Hodgkin's lymphoma.
  • Mr. Adelson recently resumed his cancer treatment and will be taking a leave of absence as of today from his role as chairman and chief executive officer of both Las Vegas Sands (NYSE: LVS) and Sands China Ltd.
  • The companies' boards of directors have named Robert G. Goldstein, currently Las Vegas Sands' president and chief operating officer, as acting chairman and acting chief executive officer of both organizations while Mr. Adelson is on medical leave.
  • Our properties include The Venetian Resort and SandsExpo in Las Vegas and the iconic Marina BaySands in Singapore.

Sands Releases 2019 Environmental, Social and Governance Report

Retrieved on: 
Tuesday, January 5, 2021

LAS VEGAS, Jan. 5, 2021 /PRNewswire/ --Las Vegas Sands (NYSE: LVS) has released its 2019 Environmental, Social and Governance (ESG) Report, which outlines the company's strategies and progress around its corporate responsibility pillars of People, Community and Planet.

Key Points: 
  • LAS VEGAS, Jan. 5, 2021 /PRNewswire/ --Las Vegas Sands (NYSE: LVS) has released its 2019 Environmental, Social and Governance (ESG) Report, which outlines the company's strategies and progress around its corporate responsibility pillars of People, Community and Planet.
  • The report also details Sands' extensive governance practices that ensure ethics and accountability in all areas of the business.
  • To read the full report detailing Sands' 2019 sustainability performance and accomplishments, visit: https://investor.sands.com/Company/Sustainability/default.aspx
    About Las Vegas Sands Corp. (NYSE: LVS)
    Las Vegas Sandsis the world's preeminent developer and operator of world-class Integrated Resorts.
  • Our properties include The Venetian Resort and Sands Expo in Las Vegas, and the iconic Marina Bay Sands in Singapore.

LVS Final Deadline: Bronstein, Gewirtz & Grossman, LLC Reminds Las Vegas Sands Corp. Shareholders of Class Action and Lead Plaintiff Deadline: December 21, 2020

Retrieved on: 
Monday, December 21, 2020

Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Las Vegas Sands Corp. ("Las Vegas Sands" or the "Company") (NYSE: LVS) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Las Vegas Sands securities between February 27, 2016 and September 15, 2020, both dates inclusive (the "Class Period").

Key Points: 
  • Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Las Vegas Sands Corp. ("Las Vegas Sands" or the "Company") (NYSE: LVS) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Las Vegas Sands securities between February 27, 2016 and September 15, 2020, both dates inclusive (the "Class Period").
  • This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.
  • The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements and omitted to disclose material facts regarding the Companys business and operations.
  • If you suffered a loss in Las Vegas Sands you have until December 21, 2020 to request that the Court appoint you as lead plaintiff.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Las Vegas Sands Corporation of Class Action Lawsuit and Upcoming Deadline – LVS

Retrieved on: 
Sunday, December 20, 2020

NEW YORK, Dec. 20, 2020 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Las Vegas Sands Corporation (Las Vegas Sands or the Company) (NYSE: LVS) and certain of its officers.

Key Points: 
  • NEW YORK, Dec. 20, 2020 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Las Vegas Sands Corporation (Las Vegas Sands or the Company) (NYSE: LVS) and certain of its officers.
  • Las Vegas Sands was founded in 1988 and is based in Las Vegas, Nevada.
  • Las Vegas Sands properties include, among others, the Marina Bay Sands resort in Singapore, which operates a casino.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.