Las Vegas Sands - Statistics & Facts

Las Vegas Sands Corporation is an American casino and resort company founded by Sheldon G. Adelson. Based in Paradise, Nevada, its first casino, the Italian themed resort ‘The Venetian’, was opened in Las Vegas in 1999. The company went public in 2004, and now has three resorts and a convention center in the United States, three resorts in Macao, China, as well as a resort in Singapore. Many of the casino-resorts offer various amenities, including restaurants, entertainment facilities, and malls. The casinos are Las Vegas Sands’ biggest business segment in terms of revenue, generating over two thirds of the company’s annual revenue. The Las Vegas Sands is the largest casino company in the world.

The company’s expansion into the Chinese market has contributed to its success, Macao-based operations grossing a significant portion of the corporations total revenue. In addition to its expansion into the Chinese market Las Vegas Sands also operates five shopping centers, of which the mall at The Venetian Macao generated the most revenue. The company also owns one of the largest convention centers in the United States. The successful business model has allowed Las Vegas Sands to almost double its total assets to almost 21 billion U.S. dollars in 2017 compared to 2007.

Hotel accommodation is the second biggest business segment for the company. In 2018, all of the hotel properties had occupancy rates of over 88 percent, the Sands Macao had the highest with a rate of 98.6 percent. The property with the higest average daily rate (ADR) per room was Marina Bay Sands (Singapore) which also accounted for the highest revenue per available room (RevPAR).

Interesting statistics

In the following 3 chapters, you will quickly find the 21 most important statistics relating to "Las Vegas Sands".

Las Vegas Sands

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