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.
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Las Vegas Sands prioritizes workforce development by investing $200 million in programs to advance hospitality industry talent and career opportunities. Initiatives in Singapore and Macao focus on scholarships, training, and mentorship to cultivate future hospitality professionals.
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100 Black Men Las Vegas Releases 2023 Impact Report Showing Positive Results and Ambitious Goals for 2024
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Las Vegas Sands and Sands China achieve top ESG scores, featured in S&P Global Sustainability Yearbook. Sands recognized for corporate sustainability efforts and commitment to ESG performance benchmarks.
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Las Vegas Sands (NYSE: LVS) has been named one of Fortune's World's Most Admired Companies for 2024, marking the company's 10th appearance on the list. The company's focus on reinvestment in Asia and development of new businesses and geographies, along with its commitment to Macao and Singapore, has been highlighted. Sands is the largest global developer and operator of world-class integrated resorts, focusing on being the employer and partner of choice, keeping communities strong, and minimizing environmental impact. The company has established 2021-2025 ambitions to invest in workforce development, contribute volunteer hours to its communities, and reduce carbon emissions. Sands' recognition on the Fortune list follows recent recognition on Newsweek's 2024 America's Most Responsible Companies list and the 2023 Dow Jones Sustainability World and North America Indices.
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The 2023 Nevada Youth Homelessness Summit, co-presented by NPHY and Sands, brought together experts and stakeholders to develop a plan to end youth homelessness in Nevada. The lack of state-level funding and affordable housing were highlighted as urgent issues. Sands has contributed over $2.3 million to address youth homelessness in Las Vegas.
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Las Vegas Sands Team Members assembled 57,000 hygiene kits from October through December as part of the 2023 Sands Cares Global Hygiene Kit Build. They have been supporting Clean the World's mission of providing hygiene supplies to people affected by hardship, disasters, and personal crises. The initiative has been ongoing since 2014 and has created nearly 1 million hygiene kits. This year, the kits were distributed to various organizations and communities in need, including those affected by natural disasters and homelessness.
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Las Vegas Sands Corp. (LVS) reported a net revenue of $2.92 billion and a net income of $469 million for the quarter ended December 31, 2023. The consolidated adjusted property EBITDA reached $1.20 billion, with Macao adjusted property EBITDA at $654 million and Marina Bay Sands adjusted property EBITDA at $544 million. The company repurchased $505 million of its stock and is acquiring approximately $250 million of SCL stock. The financial and operating results reflect ongoing improvement in the operating environment in both Macao and Singapore.
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Las Vegas Sands invests in capacity-building initiatives for the Asian Community Development Council (ACDC) to increase access to medical and social services among Southern Nevada's diverse Asian American Pacific Islander community. The investment has supported the Healthy Asians and Pacific Islanders (HAPI) Medical Center and the API Language Link, leading to successful community health and wellness events and expansion of language services.
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Sands China Ltd. honored outstanding suppliers at the Sands Supplier Excellence Awards and recognized graduating local SMEs at the Sands Procurement Academy. The company recognized 69 local SMEs for completing the academy's training programme, bringing the total to 485 graduates since 2017. The academy, co-organized with the Macao Chamber of Commerce and CPTTM, aims to help local SMEs gain experience and capacity for working with large-scale international corporations. Sands China also highlighted the success stories of some of its local SME suppliers.
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Las Vegas Sands (LVS) will release its Q4 2023 financial results on January 24, 2024, after market close. The company will host a conference call to discuss the results at 1:30 p.m. Pacific Time. A webcast of the call will be available at www.investor.sands.com.
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