Muktesh 'Micky' Pant
On March 11, 2025, Las Vegas Sands Corp.’s (the “Company’s”) Board of Directors (the “Board”) elected Muktesh “Micky” Pant as a new member of the Board, effective immediately.
Highest-materiality recent filing
Las Vegas Sands stockholders elect directors, ratify auditor, approve say-on-pay
All eight director nominees elected; Alain Li received lowest support with 539.2M for, 57.5M withheld.
Las Vegas Sands closes $1B notes offering; proceeds to refinance $1B 3.500% notes due Aug 2026
$500M of 5.300% Senior Notes due 2031 and $500M of 5.650% Senior Notes due 2033 were issued on May 13, 2026.
Total $1B offering split into two tranches: $500M 5.300% Senior Notes due 2031 and $500M 5.650% Senior Notes due 2033.
LVS Q1 2026: revenue +25.3% to $3.59B, EPS $0.85 (+73.5%)
Net income rose 57.1% to $641M; diluted EPS $0.85 vs $0.49 YoY.
Las Vegas Sands appoints Patrick Dumont CEO with new employment agreements for top executives
Patrick Dumont appointed Chairman, CEO, President, Treasurer effective March 1, 2026; base salary $2.5M unchanged.
Robert Goldstein transitions to senior advisor through March 2028; Dumont succeeds as Chairman, CEO, President and Treasurer.
Las Vegas Sands Q4 net revenue $3.65B (+26%), net income $448M
Q4 net revenue $3.65B vs $2.90B YoY; operating income $707M vs $590M; net income $448M vs $392M.
Chairman/CEO Robert Goldstein sold 300,000 shares on Oct 27, 2025 as part of a diversification plan.
LVS Q3 net revenue $3.33B, net income $491M; dividend raised 20% to $1.20/yr; buyback auth to $2B
Net revenue $3.33B vs $2.68B YoY; net income $491M vs $353M; consolidated adj. property EBITDA $1.34B vs $991M.
Patrick Dumont appointed to Sands China Ltd. Board effective immediately
SCL Board appointed Patrick Dumont as a member effective August 7, 2025.
Las Vegas Sands Q2 net revenue $3.18B, net income $519M; Marina Bay Sands record EBITDA $768M
Revenue $3.18B (+15% YoY), net income $519M (+22% YoY); consolidated adjusted property EBITDA $1.33B.
LVS shareholders elect all 9 directors, ratify Deloitte, approve executive compensation
All nine director nominees elected; lowest support for Micheline Chau (539M for, 122M withheld).
Las Vegas Sands closes $1.5B notes offering to refinance 2025 notes and for buybacks
Offered $1.0B of 5.625% Senior Notes due 2028 and $500M of 6.000% Senior Notes due 2030.
Las Vegas Sands issues $1.5B in senior notes: 5.625% due 2028 and 6.000% due 2030
Issued $1.0B of 5.625% Senior Notes due 2028 at 99.925% of par.
Las Vegas Sands Q1 net revenue $2.86B, net income down 30%; buyback authorization raised to $2B
Net revenue $2.86B (down from $2.96B YoY); net income $408M (down from $583M).
Mark Besca appointed Chair of Compliance, member of Audit at Las Vegas Sands
Board elected Mark Besca as new director on January 27, 2025.
Las Vegas Sands appoints Muktesh 'Micky' Pant to Board of Directors
Muktesh 'Micky' Pant elected to LVS Board, effective March 11, 2025, and appointed to Nominating and Governance and Compliance Committees.
CEO Robert Goldstein transitions to senior advisor on March 1, 2026; will serve through March 2028.
Las Vegas Sands subsidiary terminates 2012 Singapore credit facility, prepays all loans
Marina Bay Sands prepaid all outstanding Facility A and D loans under the 2012 credit facility.
Marina Bay Sands enters SGD 12B facility for refinancing and expansion
New facility comprises SGD 3.75B term loan, SGD 750M revolver, and SGD 7.5B delayed draw term loan (~$8.98B total).
Net revenue $2.90B (-0.7% YoY); net income $392M vs $469M prior year.
Las Vegas Sands opts out of Nevada control share acquisition statute
Board approved Fourth Amended and Restated By-Laws effective immediately on January 28, 2025.
Las Vegas Sands elects Mark Besca to board of directors effective Jan 27, 2025
Mark Besca elected to Las Vegas Sands Board, effective January 27, 2025.
Additional upfront payment of ~$1B for 2,000 sqm gaming area and 10,000 sqm ancillary area.
LVS subsidiary Sands China secures HKD 32.45B revolving/term loan; repays 2025 notes
HKD 19.5B revolver ($2.51B) and HKD 12.95B term loan ($1.67B) to repay 5.125% Senior Notes due Aug 2025.
Las Vegas Sands Q3 net revenue $2.68B, EBITDA $991M; raises dividend to $1.00 annual
Net revenue $2.68B vs $2.80B YoY; net income $353M vs $449M; operating income $504M down from $688M.
LVS Q2 net revenue $2.76B (+9% YoY); adj. property EBITDA $1.07B
Net income $424M vs $368M YoY; diluted EPS $0.56 (GAAP).
Las Vegas Sands issues $1.75B of senior notes to refinance maturing 3.200% notes
Issued $750M 5.900% notes due 2027, $500M 6.000% notes due 2029, $500M 6.200% notes due 2034.
LVS stockholders approve amended equity award plan increasing shares by 10M
Stockholders approved amendment to 2004 Equity Award Plan, increasing authorized shares by 10,000,000.
Las Vegas Sands prices $1.75B senior notes offering in three tranches
$750M of 5.900% Senior Notes due 2027 at 99.870% of par.
Las Vegas Sands Q1 revenue $2.96B, net income $583M, adjusted EBITDA $1.21B
Net revenue of $2.96B, up 40% YoY from $2.12B; net income of $583M vs. $145M in Q1 2023.
Letter Agreement with Singapore Tourism Board extends Construction Commencement deadline to July 8, 2025 and Completion deadline to July 8, 2029.
Las Vegas Sands enters $1.5B revolving credit facility, maturing 2029
New $1.5 billion senior unsecured revolving credit facility with Scotiabank as administrative agent; matures April 3, 2029.
On March 11, 2025, Las Vegas Sands Corp.’s (the “Company’s”) Board of Directors (the “Board”) elected Muktesh “Micky” Pant as a new member of the Board, effective immediately.
Robert G. Goldstein, the Company’s Chairman and Chief Executive Officer, will transition to the role of senior advisor on March 1, 2026.
The Board of Directors of the Company has announced its intention to appoint Patrick Dumont, President and Chief Operating Officer of the Company, as Chairman and Chief Executive Officer upon Mr. Goldstein’s transition to the senior advisor role.
On January 27, 2025, Las Vegas Sands Corp.’s (the “Company’s”) Board of Directors (the “Board”) elected Mark Besca as a new member of the Board, effective immediately.
Max materiality 0.85 · Median 0.60 · Most common event debt