LVS CEO drops hints about new Asian IR
Las Vegas Sands’ chairman and CEO Rob Goldstein has said the company is in conversations with an unnamed country.
Macau.- Rob Goldstein, Las Vegas Sands’ chairman and CEO has told the Las Vegas Review-Journal that the company is in talks about a future integrated resort development somewhere in Asia. He’s suggested the development would be a large resort on the scale of Marina Bay Sands.
He said: “I don’t want to say where, but we’ve had some rather interesting conversations with a major country there that has reached out to us. It’s proprietary, but we’re looking to build something of scale much like Marina Bay Sands.”
He added: “We’re building a new one hopefully starting next year, our second Marina Bay Sands in Singapore, a fully integrated Phase 2 of our Phase 1.”
The country we know it definitely won’t be is Japan. “From our perspective, we could never get it to move along to our satisfaction, so we packed up and called it a day,” Goldstein said about LVS’s interest in the country.
Meanwhile, Goldstein said LVS has finished work at The Londoner Macau. In February, LVS completed the sale of its Las Vegas casino portfolio for US$6.25bn to private equity firm Apollo Global Management and VICI Properties.
