Company profile

Future of Las Vegas Sands

#
Rank
470
| Quantumrun Global 1000

Las Vegas Sands Corporation is a US resort and casino operating company based in Paradise, Nevada, United States. The company features gaming and entertainment, restaurants and clubs, accommodations, convention and exhibition facilities, as well as an art and science museum in Singapore. It has several resorts in Asia and America. Among its properties in the US are 2 resorts on the Las Vegas Strip: The Palazzo and The Venetian. Also in America is the Sands Casino Resort Bethlehem, located in Bethlehem, Pennsylvania.

Home Country:
Sector:
Industry:
Hotels, Casinos, Resorts
Founded:
1988
Global employee count:
49000
Domestic employee count:
Number of domestic locations:

Financial Health

3y average revenue:
$13920069000 USD
3y average expenses:
$9665804500 USD
Funds in reserve:
$21280000 USD
Market country
Revenue from country
0.57
Market country
Revenue from country
0.24

Asset Performance

  1. Product/Service/Dept. name
    Casino
    Product/Service revenue
    9083004000
  2. Product/Service/Dept. name
    Rooms
    Product/Service revenue
    1469874000
  3. Product/Service/Dept. name
    Food and beverage
    Product/Service revenue
    757512000

Innovation assets and Pipeline

Total patents held:
18

All company data collected from its 2015 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the hotels, restaurants and leisure sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, automation displacing ever larger numbers of workers from well paying jobs, growing economic and political instability across the globe, more frequent and destructive (climate change related) weather events, and increasingly realistic virtual reality travel software/games will represent downward pressures on the international travel and leisure sector as a whole over the coming two decades. However, there are countervailing trends that can play in this sector's favor.

*The cultural shift among Millennials and Gen Zs toward experiences over material goods will make travel, food, and leisure increasingly desirable consumption activities.

*The future growth of ride-sharing apps, like Uber, and the eventual introduction of all-electric and later supersonic commercial aircraft will decrease the cost of short and long-distance travel.

*Real-time translation apps and earbuds will make navigating in foreign countries and communicating with foreign speakers far less daunting, encouraging increased travel to less frequented destinations.

*The rapid modernization of developing countries will result in many new travel destinations becoming available to the global tourism and leisure market.

*Space tourism will become commonplace by the mid-2030s.

COMPANY’S FUTURE PROSPECTS

Company Headlines