Articles tagged “las vegas sands”

Hotels

Who Hit the Jackpot in 2023? CEO Pay at MGM Resorts, Wynn, and Sands

MGM Resorts CEO William Hornbuckle made around $37.9 million in pay last year. The financial windfall was a reward for seeing the company notch record revenue and sign a landmark loyalty partnership with Marriott.

Who Hit the Jackpot in 2023? CEO Pay at MGM Resorts, Wynn, and Sands

Daily Lodging Report

Las Vegas Sands’ $3.3 Billion Singapore Expansion

Las Vegas Sands is preparing a new $3.3 billion expansion project to its Singapore Integrated Resort including a new hotel tower with 1,000 rooms and suites, a 15,000 seat arena, and a rooftop swimming pool.

Tourism

Las Vegas Sands Sees Macau Tourism Recovery Revenue Boost

Las Vegas Sands Corp has benefited from a resilient, post-pandemic gaming sector in Macau and Singapore.

Las Vegas Sands Sees Macau Tourism Recovery Revenue Boost

Tourism

Las Vegas Sands Corp Upbeat Ahead of China’s Full Recovery

Las Vegas Sands has outperformed analysts' expectations in the first quarter of 2023 — even without the expected boost from China's tourism spend, which has yet to rebound fully.

Las Vegas Sands Corp Upbeat Ahead of China’s Full Recovery

Tourism

Las Vegas Sands Eyes NY’s Long Island as Meetings and Tourism Draw

Move over Macau and Singapore. Las Vegas Sands is betting on Long Island, unlike other city-centric developers spending millions to win a casino license in New York. All these new proposals are focusing on corporate meeting spaces and tourism boosts to the economy to turn the odds in their favor.

Las Vegas Sands Eyes NY’s Long Island as Meetings and Tourism Draw

Hotels

The Highest Paid Hotel CEOs

Take a look at last year's hotel CEO compensation tables. The top bosses did well, and why not? Navigating the pandemic was tricky. Yet there was a wide disparity in the pay between most CEOs and workers. That's harder to defend.

The Highest Paid Hotel CEOs

Coronavirus

Casino Resorts Look to Diversify Asia Growth Beyond Macau

MGM Resorts International and Las Vegas Sands aren’t writing off Macau, but they also aren’t solely focusing on China’s gaming hotspot for growth in Asia.

Casino Resorts Look to Diversify Asia Growth Beyond Macau

Coronavirus

Wyndham Positions Itself for International Expansion in 2022

Wyndham plans to throttle its recovery forward with a wave of international openings this year. The uncertain factor is if investors want this, given the company's resilience during the pandemic stemmed from domestic travel demand.

Wyndham Positions Itself for International Expansion in 2022

Hotels

Las Vegas Sands CEO Praises China With Macau Gaming License Up for Renewal

Macau is an extraordinarily important gaming market for Las Vegas Sands, and the company’s third quarter earnings call was a giant love fest for China’s gaming regulators. What else are company leaders going to do but schmooze the people in charge of renewing their gaming license?

Las Vegas Sands CEO Praises China With Macau Gaming License Up for Renewal

Hotels

Las Vegas Sands and Wynn Resorts Valuations Tank on Chinese Crackdown

Increased oversight from Chinese regulators in Macau threatens a massive financial hit to U.S. gaming resort operators. But don’t expect this to lead to a mass exodus to other gaming markets in Asia.

Las Vegas Sands and Wynn Resorts Valuations Tank on Chinese Crackdown