---
schema_version: "secwatch.filing_event.v1"
accession: "0001300514-22-000155"
form_type: "8-K"
ticker: "LVS"
cik: "0001300514"
company_name: "LAS VEGAS SANDS CORP"
filed_at: "2022-12-30T23:59:59+00:00"
generated_at: "2026-06-20T21:21:42.967956+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Las Vegas Sands subsidiaries execute Deeds of Reversion and Handover Record for Macau concession

## Summary
- On Dec 30, 2022, four Macau subsidiaries entered into Deeds of Reversion and a Handover Record with Macao.
- Games areas revert to Macao without compensation effective Dec 31, 2022, but VML may continue use under Handover Record.
- Annual compensation: MOP750/sqm first year, then CPI-adjusted; from fourth year MOP2,500/sqm and CPI-adjusted thereafter.
- Agreements are tied to the 10-year Macau gaming concession awarded Dec 16, 2022.

## SEC filing metadata
- accession: 0001300514-22-000155
- form_type: 8-K
- ticker: LVS
- cik: 0001300514
- company_name: LAS VEGAS SANDS CORP
- filed_at: 2022-12-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1300514/000130051422000155/0001300514-22-000155-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1300514/000130051422000155/lvs-20221230.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001300514-22-000155
- JSON: https://secwatch.observer/filing/0001300514-22-000155.json
- Plain text: https://secwatch.observer/filing/0001300514-22-000155.txt

## Key facts
- Material Agreements
  LAS VEGAS SANDS CORP entered into Deeds of Reversion with Macao (effective 2022-12-30).
  - Action: entry
  - Counterparty: Macao
  - Effective: 2022-12-30
  source text: On December 30, 2022, Venetian Macau Limited (“VML”), Venetian Cotai Limited, Venetian Orient Limited and Cotai Strip Lot 2 Apart Hotel (Macau) Limited, each of which is an indirect subsidiary of Las Vegas Sands Corp. (the “Company”), entered into a series of public deeds (the “Deeds of Reversion”) with Macao, in connection with VML’s award of a gaming concession for the operation of casino games of chance in Macao on December 16, 2022 (the “Concession”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1300514/000130051422000155/0001300514-22-000155-index.htm
- Material Agreements
  LAS VEGAS SANDS CORP entered into Handover Record with Macao (effective 2022-12-30).
  - Action: entry
  - Counterparty: Macao
  - Effective: 2022-12-30
  source text: Additionally, on December 30, 2022, VML entered into a Handover Record (the “Handover Record”) with Macao, also in connection with VML’s award of the Concession.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1300514/000130051422000155/0001300514-22-000155-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.