Welcome to our dedicated page for Las Vegas Snds news (Ticker: LVS), a resource for investors and traders seeking the latest updates and insights on Las Vegas Snds stock.
Las Vegas Sands Corp. (NYSE: LVS), a global leader in integrated resort development, maintains this dedicated news hub for investors and industry observers. Access official press releases, financial updates, and strategic announcements from the company behind iconic properties like Marina Bay Sands and The Venetian Macao.
This resource provides centralized access to critical updates including earnings reports, property expansions, sustainability initiatives, and market developments across LVS's global operations. Monitor operational milestones in gaming, hospitality, and convention sectors while staying informed about Asia-Pacific market strategies.
All content is sourced directly from company communications and verified financial channels, ensuring reliability for investment research and market analysis. Bookmark this page for streamlined tracking of LVS's performance in luxury resort operations and corporate developments.
Las Vegas Sands (NYSE: LVS) has announced a $300,000 donation through its Sands Cares program to Nevada Partnership for Homeless Youth (NPHY). This 2025 contribution continues the company's long-term partnership with NPHY, which began in 2014 and has totaled $2.9 million in funding. The donation supports three core strategies: immediate youth crisis support, organizational capacity building, and advocacy initiatives including the Nevada Youth Homelessness Summit.
The funding comes at a critical time as youth homelessness in Clark County increased 34% from 2023 to 2024, while statewide numbers rose 27%. NPHY served 681 youths in fiscal year 2023-2024 through various programs including outreach efforts, crisis intervention, and housing programs. Nevada currently faces the nation's most severe shortage of affordable housing, with only 17 affordable rentals available per 100 extremely low-income households.
Las Vegas Sands (NYSE: LVS) announced its participation in the 41st Annual Bernstein Strategic Decisions Conference in New York. The company's Chairman and CEO, Robert G. Goldstein, will lead a discussion scheduled for May 29, 2025, at 2:30 p.m. Eastern Time. Investors and interested parties can access the webcast of the discussion through the company's investor relations website at www.investor.sands.com.
Las Vegas Sands (NYSE: LVS) has contributed $100,000 through its Sands Cares program to Dress for Success Southern Nevada to support workforce development programs for disadvantaged women. The funding will support professional styling, job readiness, career coaching, and financial literacy initiatives. Since 2009, DFS Southern Nevada has assisted over 13,000 women, with more than 50% living below the poverty line.
The 2025 investment will fund digital skills education expansion, job application software, facility upgrades, Career Center resources, and networking opportunities. The program provides interview attire through its Styling for Success program and offers financial and digital literacy courses, including laptop provision for course graduates. Sands was recognized with the Community Impact Award at the 2025 Vintage Glamour and Grace Champagne Success Showcase Luncheon.
Las Vegas Sands (NYSE: LVS) reported Q1 2025 financial results with net revenue of $2.86 billion, down from $2.96 billion year-over-year, and net income of $408 million, compared to $583 million in Q1 2024. The company's consolidated adjusted property EBITDA was $1.14 billion.
Key highlights include Marina Bay Sands achieving EBITDA of $605 million and Macao operations generating EBITDA of $535 million, though impacted by $10 million due to low hold on rolling play. The company repurchased $450 million of common stock during the quarter at an average price of $44.59 per share. The Board increased the share repurchase authorization to $2.0 billion.
The company maintains a strong balance sheet with $3.04 billion in unrestricted cash and $4.44 billion available for borrowing. Total debt stands at $13.71 billion. Capital expenditures totaled $379 million, with $197 million in Macao and $175 million at Marina Bay Sands.
Las Vegas Sands (NYSE: LVS) has announced a $100,000 donation through its Sands Cares program to 100 Black Men Las Vegas, supporting youth mentorship, scholarship, and community service initiatives. The 2025 contribution will fund new programs including STEM initiatives, Pathways to Public Service, and Realtist Academy.
The funding will support the organization's flagship Crossroads youth mentoring program, which served over 1,500 students in 2024 and achieved a 20% grade point average increase over 2023. The donation will also contribute to scholarship funds, aiming to provide $100,000 in scholarships in 2025, up from $80,000 distributed last year.
Additional supported programs include Virtual Youth Cooking Class and the annual Thanksgiving dinner distribution event. The contribution will also assist 100 Black Men Las Vegas in securing a permanent location for their operations.
Sands China (SCHYY) celebrated the 10th anniversary of its Local Small, Medium and Micro Suppliers Support Programme at The Londoner Macao, alongside the 2025 Local Supplier Open Day attended by 250 local SMEs. The programme, launched in 2015 with the Macao Chamber of Commerce, focuses on supporting local small suppliers, 'Made in Macao' companies, and young entrepreneurs.
The Open Day featured procurement booths across various categories including F&B, logistics, marketing, technology, and hotel supplies. A new addition included a dedicated booth for DSEDT-certified Macao technology enterprises. The company's procurement success is evident in its 2024 figures, with MOP 15.2 billion in gross procurement, of which 84% (MOP 12.8 billion) went to Macao enterprises, including over 4.6 billion to local SMEs.
The company announced plans to launch a digital marketing training programme for local SMEs and support the '2025 Macau Youth Innovation and Entrepreneurship Competition' in August, furthering its commitment to Macao's economic diversification.
Las Vegas Sands (NYSE: LVS) has announced it will release its first quarter 2025 financial results on Wednesday, April 23, 2025, after the market closes. The company has scheduled a conference call to discuss the quarterly results at approximately 1:30 p.m. Pacific Time. Interested parties can access the conference call webcast through the company's investor relations website at www.investor.sands.com.
Las Vegas Sands (NYSE: LVS) has released its 2024 ESG report, highlighting significant achievements in its 2021-2025 environmental and social initiatives. The company has exceeded its targets in key areas:
- Invested $220 million in workforce development, surpassing the $200 million goal
- Accumulated 255,955 Team Member volunteer hours, exceeding the 250,000-hour target
- Reduced scope 1 and 2 emissions by 50% from 2018 baseline, well ahead of the 17.5% target
Notable 2024 achievements include:
- $3 billion spent on local and SME procurement
- $12 million in philanthropic contributions
- 11% reduction in water use intensity from 2019
- 6% increase in waste diversion rate
- Progress in sustainable initiatives with 62% achievement in sustainable water bottles and 18% in cage-free egg procurement