In March, Las Vegas Sands announced the sale of its Las Vegas properties including its landmark Venetian Resort and Sands Expo and Convention Center for $6.25 billion to affiliates of Apollo Global Management. On Thursday, Las Vegas Sands closed at $61.27, rebounding from under $40 a year ago. Las Vegas Sands’ Macao business spinoff, Sands China, raised $2.5 billion in an IPO and listed at the Hong Kong Stock Exchange in 2009. When it comes to digital business, Goldstein conceded that Las Vegas Sands has “had a slow start, really for moral reasons. The question is “how we get there.”And Goldstein intends to bring Adelson’s decisive style to Las Vegas Sands’ digital push.

Source: Forbes April 16, 2021 15:47 UTC