Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Sands Resorts history
Sands Resorts company history timeline
He and his partners founded the computer trade show COMDEX in 1979.
A Rocky Beginning: 1988
1988: Financier Kirk Kerkorian buys the Las Vegas Sands Hotel, announces its sale to The Interface Group (TIG); and TIG forms Las Vegas Sands, Inc. (LVSI) to run the property.
In February 1989, the Nevada Gaming Control Board approved the sale.
1989 Ten years after founding COMDEX, an industry-defining computer trade show, Sheldon Adelson and his partners bought the famous Sands Hotel in Las Vegas.
1990: Lewin is fired; Al Benedict assumes leadership of the hotel, resigns in August; and Steve Norton is named interim president.
In 1991, Adelson assumed leadership of the hotel, and in the ensuing years the convention center nearly doubled in size, to 1.15 million square feet.
1995: TIG sells its Trade Show division to Japan's Softbank; and Adelson buys out his partners' share in LVSI.
In 1996, Adelson imploded the Sands Hotel to make room for The Venetian.
On April 14, 1997, the Venetian Resort-Hotel-Casino broke ground.
Macao, the former Portuguese colony turned over to China in late 1999, is the only place on mainland China where casino gambling is legal.
Macau, a small territory that was controlled by Portugal for over 400 years, reverted back to China in 1999, but was allowed to retain its capitalist system for the following 50 years.
1999: The Venetian opens and is run by Venetian Casino Resort, LLC, owned by LVSI, with Robert Goldstein as president and COO.
Concrete plans for this development were suspended in the wake of the September 11, 2001, attacks in New York City that severely impacted the tourism industry.
In May 2002 the company issued $850 million in second mortgage notes to refinance their debt and allow for these expansions.
In the first quarter of 2002, the Venetian was one of only three Las Vegas hotels that showed increased cash flow compared with the same quarter the previous year.
Las Vegas Sands was founded in August 2004 and is headquartered in Las Vegas, NV.”
Las Vegas Sands opened the Sands Macao in 2004.
Also in 2004, Adelson took the Venetian’s parent company public.
When the trend in Las Vegas shifted away from themed hotels, construction on The Palazzo Las Vegas began in 2005.
July 2010: Table games become legal for Pennsylvania casinos, leading to a boost in casino revenues across the state.
May 2011: The Sands Hotel opens with 300 rooms.
This property—a massive three-tower resort—joins its sister Cotai properties to form an unprecedented fully integrated resort city, offering a diverse mix of accommodation, entertainment, dining, retail, gaming and MICE events. Its latest resort is Sands Cotai Central, which opened in April of 2012 in Macao.
April 2014: Sands Chairman and CEO Sheldon Adelson tries to shop the casino to fellow billionaire Carl Icahn, owner of Tropicana Entertainment, sources say at the time.
May 2014: Sands announces it is not selling its Bethlehem casino and is, in essence, doubling down by exploring concepts to invest further in the property and by appointing Mark Juliano, who had been at the massive Marina Bay Sands, as its president.
Sands Cotai Central began opening in phases and was completed in 2015 with the opening of The St Regis Macao, Cotai Central.
The Parisian Macao opened in September 2016.
November 2016: Sands announces plans for a $90 million expansion the size of two football fields that would add restaurants, slot machines and table games to create the largest gaming floor among the state's 12 casinos.
March 2017: Las Vegas Sands reaches an agreement in principle to sell Sands Casino Resort Bethlehem to MGM Resorts International, the world’s second largest gambling company, for about $1.3 billion.
May 2017: Sands officially halts its $90 million expansion project.
Sale of The Venetian Resort Las Vegas was completed in February 2022.
Rate how well Sands Resorts lives up to its initial vision.
Sands Resorts jobs
Do you work at Sands Resorts?
Does Sands Resorts communicate its history to new hires?
Sands Resorts competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Beach Cove Resort | - | $1.8M | 36 | - |
| Caribbean Resort | - | $8.7M | 36 | - |
| Breakers Myrtle Beach Resort | - | $5.7M | 50 | - |
| Grande Shores | - | $5.1M | 50 | 75 |
| Somerset Inn | 1973 | $2.7M | 50 | 4 |
| Shilo Inns | 1974 | $7.4M | 120 | - |
| Lexington Hotel | - | $2.6M | 10 | - |
| The Suites Hotel | - | $460,000 | 5 | - |
| Regency Hotel Management | 1965 | $32.7M | 500 | 47 |
| Ramada Plaza Istanbul | 2005 | $470,000 | 5 | - |
Sands Resorts history FAQs
Zippia gives an in-depth look into the details of Sands Resorts, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Sands Resorts. The employee data is based on information from people who have self-reported their past or current employments at Sands Resorts. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Sands Resorts. The data presented on this page does not represent the view of Sands Resorts and its employees or that of Zippia.
Sands Resorts may also be known as or be related to Island Resort Company, LLC, SANDS PROPERTIES INC, Sands Properties Inc, Sands Properties, Inc. and Sands Resorts.