Las Vegas Sands Corp.
0QY4.L
London Stock Exchange46.66
USD
+0.92
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Las Vegas Sands Corp.
0QY4.L
(London Stock Exchange)
Recent
price
46.66
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Las Vegas Sands Corp. develops, owns and operates integrated resorts featuring gaming, hotels, meeting and convention facilities, restaurants, retail malls and entertainment venues. The company offers luxury accommodations with over 14,200 rooms and suites across six resorts; more than three million square feet of meeting space; over 200 restaurants including celebrity chef outlets; five high-end shopping malls; and entertainment seating for more than 28,500 guests. It primarily serves business and leisure tourists in the gaming and hospitality sectors through its operations in Macao, where it functions as the largest integrated resort operator in the world's biggest gaming market, and Singapore. Las Vegas Sands Corp. maintains its corporate headquarters in Las Vegas, Nevada, and traces its origins to 1990. In Macao, the company oversees properties including The Venetian Macao, Sands Macao, The Parisian Macao, The Londoner Macao and The Plaza Macao; in Singapore, it operates the iconic Marina Bay Sands resort complex. These resorts deliver a comprehensive array of gaming options such as table games, slot machines and sports betting alongside non-gaming attractions to attract international visitors and drive regional tourism economies. Through its majority-owned subsidiary Sands China Ltd., in which Las Vegas Sands Corp. holds approximately 74.8% ownership, the company manages its Macao portfolio and emphasizes sustainable practices under the Sands ECO360 program, including emissions reductions and water stewardship initiatives. Recent developments include a strategic partnership with Marriott International announced in 2024 to launch The Luxury Collection brand hotel at The Londoner Grand in Macao by January 2025, enhancing its luxury hospitality offerings and bolstering market position amid recovering tourism. The company increased its stake in Sands China Ltd. to nearly 74.8% over mid-2025, nearing Hong Kong listing caps, and reported strong third-quarter 2025 financials with net revenue of $3.33 billion and net income of $491 million. Additionally, Las Vegas Sands Corp. advanced corporate responsibility efforts, such as hosting the 2025 Nevada Youth Homelessness Summit and celebrating the first-year accomplishments of the Sands Innovative Arts Fund at Marina Bay Sands.