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 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.
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.
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.
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.
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.
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 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).
CEO Robert Goldstein transitions to senior advisor on March 1, 2026; will serve through March 2028.
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.
Additional upfront payment of ~$1B for 2,000 sqm gaming area and 10,000 sqm ancillary area.
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 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.
LVS Q4 2023 revenue $2.92B, net income $469M; FY2023 EPS corrected to $1.60
Q4 net revenue $2.92B (+161% YoY); net income $469M vs loss $269M.
Las Vegas Sands Q4 2023 net revenue $2.92B (up 161% YoY); net income $469M vs prior-year loss
Net income from continuing ops $469M ($1.62 diluted EPS), vs net loss $269M in Q4 2022.
Las Vegas Sands board: Nora Jordan and David Levi resign; Alain Li elected
Nora Jordan and David Levi resign from Board effective Jan 22, 2024, not due to any disagreement.
Selling stockholders offer 46.3M LVS shares at $44; company to repurchase 5.8M shares
Dr. Miriam Adelson and trust sell 46,264,168 shares at $44.00 each.
LVS Q3 net revenue $2.80B, net income $449M; $2.0B buyback authorized
Net revenue $2.80B vs $1.01B YoY; net income $449M vs loss of $380M.
Las Vegas Sands Q2 net revenue $2.54B, net income $368M, reinstates $0.20 dividend
Net revenue $2.54B vs $1.05B YoY; net income $368M vs net loss $414M in Q2 2022.
Sands China extends $2.5B credit facility to 2025, waives financial covenants through Q1 2024
Termination date extended from July 31, 2023 to July 31, 2025 for lenders representing 100% of commitments.
Las Vegas Sands Q1 revenue $2.12B; adjusted property EBITDA $792M as recovery accelerates
Net revenue $2.12B (up from $943M YoY); net income $145M vs net loss $478M YoY.
Las Vegas Sands Q4 net loss $269M; Marina Bay Sands mass gaming revenue hits record
Net revenue $1.12B (+10.8% YoY); operating loss $166M vs $138M loss year ago.
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.
On January 13, 2024, David Levi notified the Company that, effective January 22, 2024, he is resigning from the Company’s Board.
On January 13, 2024, Nora Jordan notified Las Vegas Sands Corp. (the “Company”) that, effective January 22, 2024, she is resigning from the Company’s Board of Directors (the “Board”).
Additionally, on January 18, 2024, the Company’s Board elected Alain Li as a new member of the Board, effective January 22, 2024.
On February 17, 2023, Yibing Mao notified Las Vegas Sands Corp. (the “Company”) that, effective February 22, 2023, she is resigning from the Company’s Board of Directors (the “Board”).
On July 16, 2021, the Board of Directors (the “Board”) of Las Vegas Sands Corp. (the “Company”) elected Yibing Mao as a new member of the Board, effective immediately.
Max materiality 0.85 · Median 0.60 · Most common event earnings