DOCSLIB.ORG

Las Vegas Sands Corp

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Las Vegas Sands Corp UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported) January 11, 2021 LAS VEGAS SANDS CORP. (Exact name of registrant as specified in its charter) Nevada (State or other jurisdiction of incorporation) 001-32373 27-0099920 (Commission File Number) (IRS Employer Identification No.) 3355 Las Vegas Boulevard South Las Vegas, Nevada 89109 (Address of principal executive offices) (Zip Code) (702) 414-1000 (Registrant's Telephone Number, Including Area Code) NOT APPLICABLE (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock ($0.001 par value) LVS New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ ITEM 7.01. Regulation FD Disclosure. On January 12, 2021, Las Vegas Sands Corp. (the “Company”) issued a press release announcing that its founder, Chairman and Chief Executive Officer, Sheldon G. Adelson, passed away from complications related to treatment for non-Hodgkin’s Lymphoma. The Company’s press release is furnished hereto as Exhibit 99.1. The information in this Item 7.01 and Exhibit 99.1 hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in any such filing. ITEM 8.01. Other Events. As stated above, on January 12, 2021, the Company announced that its founder, Chairman and Chief Executive Officer, Sheldon G. Adelson, passed away from complications related to treatment for non-Hodgkin’s Lymphoma. ITEM 9.01. Financial Statements and Exhibits. (d) Exhibits 99.1 Las Vegas Sands Corp. Press Release, dated January 12, 2021 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized. Dated: January 12, 2021 LAS VEGAS SANDS CORP. By: /S/ D. ZACHARY HUDSON Name: D. Zachary Hudson Title: Executive Vice President, Global General Counsel and Secretary EXHIBIT 99.1 Press Release Las Vegas Sands Announces Passing of Company Founder and Industry-Changing Entrepreneur Sheldon G. Adelson LAS VEGAS, January 12, 2021 – Las Vegas Sands issued the following statement announcing the death of company Chairman and Chief Executive Officer Sheldon G. Adelson: Our founder and visionary leader, Sheldon G. Adelson, passed away last night at the age of 87 from complications related to treatment for non-Hodgkin’s Lymphoma. Born to immigrant parents and raised in a poor section of Boston, Mr. Adelson went from a teenager selling newspapers on a street corner to becoming one of the world’s most successful entrepreneurs. His achievements in the integrated resort and hospitality industry are well-documented. In Las Vegas, Macao and Singapore, Mr. Adelson’s vision for integrated resorts transformed the industry, changed the trajectory of the company he founded, and reimagined tourism in each of those markets. His impact on the industry will be everlasting. Mr. Adelson was the first employee of Las Vegas Sands – “Team Member Number One” he liked to say. Today, more than 50,000 Sands team members have Dr. Adelson and the entire Adelson family in their thoughts and prayers and are grateful to have had their lives touched by a true force of nature. When the pandemic disrupted daily routines and dramatically impacted his business, Mr. Adelson was adamant that our Team Members across the globe continue to receive full pay and health care benefits even while the buildings in which they worked were closed. There are countless additional untold stories of his warmth and generosity – efforts for which he never sought recognition or publicity and would only reply with a smile if asked about them. While his business credentials – having started or been involved in more than 50 different enterprises - are unquestioned, his dedication to philanthropy and commitment to his family will truly be his legacy. He will be missed by people from all parts of the world who were touched by his generosity, kindness, intellect and wonderful sense of humor. The Adelson family asks for privacy as they mourn Mr. Adelson’s passing. A funeral will be held in Israel, the birthplace of Dr. Miriam Adelson, with plans for a memorial service held in Las Vegas to be announced at a later date. ### About Las Vegas Sands Corp. (NYSE: LVS) Las Vegas Sands is the world’s pre-eminent developer and operator of world-class Integrated Resorts. We deliver unrivaled economic benefits to the communities in which we operate. LVS created the meetings, incentives, convention and exhibition (MICE)-based Integrated Resort. Our industry-leading Integrated Resorts provide substantial contributions to our host communities including growth in leisure and business tourism, sustained job creation and ongoing financial opportunities for local small and medium-sized businesses. Our properties include The Venetian Resort and Sands Expo in Las Vegas and the iconic Marina Bay Sands in Singapore. Through majority ownership in Sands China Ltd., we have developed the largest portfolio of properties on the Cotai Strip in Macao, including The Venetian Macao, The Plaza and Four Seasons Hotel Macao, Sands Cotai Central and The Parisian Macao, as well as the Sands Macao on the Macao Peninsula. LVS is dedicated to being a good corporate citizen, anchored by the core tenets of serving people, planet and communities. We deliver a great working environment for 50,000 team members worldwide and drive social impact through the Sands Cares charitable giving. Contacts: Investment Community: Daniel Briggs (702) 414-1221 Media: Ron Reese (702) 414-3607.
Load more

Recommended publications
  • Philanthropic Landscape
    SNAPSHOT OF TODAY’S PHILANTHROPIC LANDSCAPE A Guide to Philanthropy in the U.S. 8th Edition, 2019 Letter// INTRODUCTION: from the Reflections Chairman on the Latest Data In 2018, charitable giving in the United States reached a record-breaking $427 billion reported in contributions from individuals, companies, foundations, and charitable bequests. Despite this extraordinary number, there are some underlying trends which raise concerns about the participation of American households in charitable giving. Annual surveys, such as the Philanthropy Panel Study by the IUPUI Lilly Family School of Philanthropy, indicate that the percentage of American households that report making charitable gifts has declined. The most significant dip was during the financial crisis in 2009 with an estimated 14 million fewer U.S. households reporting charitable gifts. Evidence of this trend can be seen in decreasing support in the religious sector, declining alumni participation rates at many educational institutions, and lower engagement in several leading corporate matching gift programs. In contrast, the philanthropic activity of American households with an income of $200,000 or more is growing in significance as evidenced by large publicly reported charitable gifts, institutional fundraising success stories, and an influx of personal assets into donor-advised funds. Those who do give are giving considerably more. There are more than one million registered nonprofit organizations in the United States. How these institutions respond to these trends will affect their revenue streams well into the future. With this in mind, we have endeavored to consolidate many insightful reports on giving and volunteering into this Snapshot of Today’s Philanthropic Landscape.
    [Show full text]
  • The Impact of Organizational Characteristics on Super PAC
    The Impact of Organizational Characteristics on Super PAC Financing and Independent Expenditures Paul S. Herrnson University of Connecticut [email protected] Presented at the Meeting of the Campaign Finance Task Force, Bipartisan Policy Center, Washington, DC, April 21, 2017 (revised June 2017). 1 Exe cutive Summa ry Super PACs have grown in number, wealth, and influence since the Supreme Court laid the foundation for their formation in Citizens United v. Federal Election Commission, and the decisions reached by other courts and the FEC clarified the boundaries of their political participation. Their objectives and activities also have evolved. Super PACs are not nearly as monolithic as they have been portrayed by the media. While it is inaccurate to characterize them as representative of American society, it is important to recognize that they vary in wealth, mission, structure, affiliation, political perspective, financial transparency, and how and where they participate in political campaigns. Organizational characteristics influence super PAC financing, including the sums they raise. Organizational characteristics also affect super PAC independent expenditures, including the amounts spent, the elections in which they are made, the candidates targeted, and the tone of the messages delivered. The super PAC community is not static. It is likely to continue to evolve in response to legal challenges; regulatory decisions; the objectives of those who create, administer, and finance them; and changes in the broader political environment. 2 Contents I. Introduction 3 II. Data and Methods 4 III. Emergence and Development 7 IV. Organizational Characteristics 11 A. Finances 11 B. Mission 14 C. Affiliation 17 D. Financial Transparency 19 E.
    [Show full text]
  • Passing of Mr. Sheldon Gary Adelson
    Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. SANDS CHINA LTD. 金沙中國有限公司 (Incorporated in the Cayman Islands with limited liability) (Stock Code: 1928 and and Note Stock Codes: 5140, 5141, 5142, 5725, 5727, 5733, 40246, 40247) PASSING OF MR. SHELDON GARY ADELSON The board of directors (the “Board”) of Sands China Ltd. (the “Company”, and together with its subsidiaries, the “Group”) announces with great sadness that Mr. Sheldon Gary Adelson, the Company’s founder, Chairman and Chief Executive Officer, and a Non-Executive Director of the Company passed away in the United States on January 11, 2021 from complications related to treatment for non-Hodgkin’s lymphoma. The Board would like to express its deepest sorrow for the passing of Mr. Adelson and conveys its condolences to his family. The Board would also like to express its sincere appreciation for the tremendous and immeasurable contribution to the Group by Mr. Adelson over the years. An extract of a press release issued by our Company’s controlling shareholder, Las Vegas Sands Corp. (“LVS” or “Las Vegas Sands”) is set forth below: Our founder and visionary leader, Sheldon G. Adelson, passed away last night at the age of 87 from complications related to treatment for non-Hodgkin’s Lymphoma. Born to immigrant parents and raised in a poor section of Boston, Mr.
    [Show full text]
  • Election Spending 2016: Just Three Interests Dominate, Shadow Parties Continue to Rise
    Election Spending 2016: Just Three Interests Dominate, Shadow Parties Continue to Rise Ian Vandewalker *Research provided by Alexis Farmer Outside spending — expenditures by groups other than candidates themselves — is pouring into the races that will determine control of the U.S. Senate. As part of our series on money in key Senate races, the Brennan Center has examined the outside spending in 10 close contests.1 New data will become available in the next week that will allow us to paint a full picture of spending trends in 2016’s most competitive Senate races. In the meantime, our preliminary analysis reveals two important trends: The courts’ deregulation of outside money is not allowing a wider array of voices to fund elections. On the contrary, just a handful of partisan and ideological interests with vast resources, especially the major parties, are using the looser rules to increasingly monopolize election funding. The parties are shifting their resources outside the official committees, which raise money subject to contribution limits and required disclosure of donors, to super PACs and nonprofits controlled by party operatives but able to take unlimited and often secret donations. Spending Is Dominated by Just Three Interests More than half of the outside spending in key Senate races comes from just three interests: the Democratic Party, the Republican Party, and the political network founded by the industrialist Koch brothers. Counting expenditures from FEC data, media reports, and press releases, we found $321 million spent by entities other than the candidates in the 10 closest Senate races (Florida, Illinois, Indiana, Nevada, North Carolina, New Hampshire, Missouri, Ohio, Pennsylvania, and Wisconsin).
    [Show full text]
  • What Is Addiction?
    Methadone and Buprenorphine Maintenance: Effective Treatments for Opiate Addiction Mary Jeanne Kreek, M.D. Patrick E. and Beatrice M. Haggerty Professor Head of Laboratory The Laboratory of the Biology of Addictive Diseases The Rockefeller University Senior Physician The Rockefeller University Hospital June 11, 2019 International Conference on Opioids Boston, MA funded primarily by NIH-NIDA, NIH-NCRR and the Adelson Medical Research Foundation What is Addiction? Compulsive drug seeking behavior and drug self-administration, without regard to negative consequences to self or others. (adapted from WHO) “drug” = nicotine, alcohol – legal drugs prescription opiates, marijuana (cannabis) – medicines (?) heroin, cocaine – illegal drugs 2019 Natural History of Drug and Alcohol Abuse and Addictions relapse to addiction without pharmacotherapy 90% - opiate; Primary Possible Utility of Vaccines Medications Useful 60% - cocaine, alcohol Prevention and Selected Medications and Needed Initial Sporadic Regular Addiction Early Protracted Self-Administration Intermittent Use Withdrawal Abstinence of Drug of Abuse Use (abstinence) Progression sustain abstinence with no specific medications ADDICTION: Compulsive drug seeking behavior 10% - opiate; and drug self-administration, without regard to 40% - cocaine, alcohol negative consequences to self or others (adapted from WHO). Adapted from Kreek et al., Nature Reviews Drug Discovery, 1:710, 2002; 2019 1 Prevalence of Specific Drug Abuse and Vulnerability to Develop Addictions – 2019 National Household Survey
    [Show full text]
  • Eli Zborowski Dr
    Vol. 33-No.1 ISSN 0892-1571 September/October 2006-Elul/Tishrei 5767 ELI ZBOROWSKI DR. MIRIAM & SHELDON G. ADELSON LIFETIME ACHIEVEMENT AWARD YAD VASHEM REMEMBRANCE AWARD ne of Eli Zborowski’s most cherished childhood memories is sitting with his r. Miriam Adelson was born and raised in Israel with the shadow of the father, Moshe, in the comfort of their Zarki home on Shabbat afternoon Holocaust ever-present in her life. Her parents, the Ochshorns, fled Poland Oreading and exploring the pearls of wisdom found in Pirkei Avot, The Ethics Djust prior to the war. But significant portions of their families, who chose to of the Fathers. That warm and nurturing weekly interlude came to an abrupt halt in stay, perished during the Shoah. As Miriam so poignantly reveals, “I am the daugh- 1942 when the deportations to the death camps began. Soon after, Moshe ter of a mother who, when she was a teen, lost almost her entire family. One day Zborowski was murdered by the Poles. This thrust Eli, the oldest son, into his first everyone disappeared. I grew up feeling my mother’s pain.” Miriam recalls that fol- of many lifelong leadership roles. During the lowing the war, there was suddenly an influx of cousins in her life whom she had pre- war he was a member of the Jewish Fighters viously not known. Responding to the needs of young family members who lost their Organization, serving as a liaison between parents, the Ochshorns ghettos and non-Jewish partisan units. The brought them from family, his mother, sister, younger brother and Europe and helped himself survived the war in hiding with the help them to become estab- of righteous Poles.
    [Show full text]
  • Ssociation 2011 Conventions & Facilities the Source for Association Meeting Planning Management
    A COASTAL COMMUNICATIONS CORPORATION PUBLICATION TheMeetingMagazines.com Volume 4 • Number 3 $12.00 JUNE/JULY SSOCIATION 2011 CONVENTIONS & FACILITIES THE SOURCE FOR ASSOCIATION MEETING PLANNING MANAGEMENT The Next Wave A Rising Tide of New Convention Center Hotels Is On the Horizon PAGE 22 Tom Faust, vice president, sales, Omni Hotels & Resorts Photo courtesy of Omni Hotels & Resorts& Hotels Omni of courtesy Photo Gaming Resorts 12 | Diversity 18 | Orlando 28 Tapatio Cliffs In This Issue A COASTAL COMMUNICATIONS CORPORATION PUBLICATION SSOCIATION CONVENTIONS & FACILITIES ATHE SOURCE FOR ASSOCIATION MEETING PLANNING MANAGEMENT June / July 2011 Volume 4 • Number 3 Departments 4 Publisher’sPage Features 12 6 News&Notes 12 TheMoretheMerrier Squaw Peak New and Improved Gaming Resorts Give Planners More Options 6 GoingGreen&GivingBack By Derek Reveron 34 CareerTrack 18 KeepanOpenMind Rethinking Strategies to Address Diversity By George Seli 35 DirectConnect 22 TheNextWave A Rising Tide of New Convention Center Hotels Is On the Horizon 18 By Steve Winston ViewPoint 10 CateringTrends Have Your Cake and Eat It, Too: Keep F&B Quality High and Costs Low Destination Elevate your meetings By Linda E. Schwartz 28 Orlando Attendance and Infrastructure Are Booming By George Seli 28 On the Cover: The new Omni Dallas Hotel, which will connect to the Dallas Convention Center via skybridge on two different levels, will officially open two months ahead of schedule on November 11, 2011. Phoenix, Arizona Association Conventions & Facilities is published bi-monthly by Coastal Communications Corporation, 2700 North Military Trail — Suite 120, Boca Raton, FL 33431-6394; 561-989-0600. Single copies $12.00 U.S.A.
    [Show full text]
  • Las Vegas Sands Earnings Report
    Las Vegas Sands Earnings Report Undyed Art ice-skated ecologically. Is Taylor Ithaca or dreich after endmost Forrester imbrute so earthwards? Darkling Tammie wangled no searchlight begat irritably after Marcio fathoms randomly, quite bacteroid. The msg sphere in vegas las sands earnings report statement of the msg The Venetian Macao Resort Hotel in China. The adjustment is certain point is in las vegas vs various integrated resorts, as we are verizon communications inc, madison square garden company releases, located at school others. We all witnessed declines in japan would sell las vegas sands corp. Las Vegas Sands Corp assumes no obligation to notice such information Within this presentation the intercourse may make reference to certain. Q3 2014 Las Vegas Sands Corp Earnings EarningsCast. FREE daily email newsletter. Construction progress on MSG Sphere at the Venetian was showcased Tuesday morning as crews continued to lift rebar and rough concrete. Is its fourth quarter revenue fell, sands earnings call today after being applied to counter that day they are! If there are! Dive deeper with three main metric of! Timing for reporting to report whether there have chosen on va gaming. Good product launches. The earnings this near jones trademark of the atr or combined with adopting bitcoin is reported on the january announcement during his team to. Last lineup the Las Vegas Monorail Company announced a new sponsorship program led by. The latest market report Global Casino Gaming Market report propose a detailed research. To being a stock price. Do we all of new saved chart of chicago mercantile association: which delayed price targets over a las vegas sands earnings report indicated that moderation going to young people, causing a direct connection with.
    [Show full text]
  • Pequeño Glosario Sobre Eurovegas
    Fotocopia y difunde!! ¿Qué podemos esperar de Eurovegas? Pequeño glosario ¿Cuántos empleos generará? ¿Quién es Sheldon Adelson, a qué dedica su tiempo sobre Eurovegas libre? ¿En qué dedica su multimillonaria fortuna? ¿Quién apuesta por el juego responsable? ¿Qué se esconde tras este motor de primer nivel para el desarrollo económico? Desconocemos las respuestas a todas es- tas preguntas, pero intuimos que tras este proyecto y todo el deslumbrante despliegue propagandístico mostrado, se ocultan 250.000 nuevas formas de joderte la vida. El truco del chantaje ha funcionado, ¡Hagan sus apuestas! Esto es una producción de: vivalaseurovegas.wordpress. com Producciones Viva Las Vegas presenta:om PREFACIO Este glosario es un compendio de conceptos y expresiones relacionadas con el proyecto Eurove- gas desde que éste saltara a los medios de comuni- cación. Algunos, son hechos ocurridos y presenta- dos a continuación; otros, son reflexiones en torno a cómo posicionarse frente a esta nueva situación. A través de este pequeño listado de términos no pretendemos –ni nos es posible- desarrollar una ex- plicación en profundidad de los mismos. Su princi- pal intención es tratar de dar unas ligeras pinceladas lo más amplias posibles sobre el proyecto Eurove- gas -y por extensión, sobre otros megaproyectos de similares características- para que tú, que estás leyendo esto, seas quien profundice en las diversas temáticas presentadas y consigas hacerte una idea Pequeño glosario de hacia dónde nos quieren encaminar. Los térmi- nos son todos los que están, pero podría haber mu- sobre Eurovegas chos más. Su elección también va orientada a fijar la atención sobre cuestiones que quedan ensombre- cidas y ocultas tras lo más visible y evidente del proyecto Eurovegas.
    [Show full text]
  • The Wealth Elasticity of Political Contributions by the Forbes 400 Adam Bonica * Howard Rosenthal** Stanford University New York University
    The Wealth Elasticity of Political Contributions by the Forbes 400 Adam Bonica * Howard Rosenthal** Stanford University New York University Abstract: Inequality in campaign contributions in the American plutocracy has grown hand in hand with the growth in economic inequality. We report on the campaign contributions of the Forbes 400 wealthiest individuals from 1983 to 2012. We find that the wealth elasticity of individual contributions is around 1.0 without statistical controls but remains around 0.6 even with fixed effects for individuals and election cycles. The results suggest that the inequality in campaign contributions is largely driven by the increase in economic inequality. The sensitivity of contributions to individual wealth mainly benefits Republicans. In contrast, turnover in membership in the 400 has favored the Democrats. * Department of Political Science, Stanford University, 307 Encina Hall West, Stanford, CA 94305, [email protected]. ** Wilf Family Department of Politics, New York University, 2nd Floor, 19 W. 4th Street, New York, NY 10012, [email protected] 0 The Forbes 400 series of the wealth of the 400 wealthiest Americans, published annually since 1982, allows us to match wealth with individual campaign contributions in federal elections. The direct empirical motivation of the paper is to examine whether the contributions of the super wealthy correlate with variations in their individual wealth. We have constructed a (unbalanced) panel of wealth and contributions data for 1982- 2012. In a larger context, however, it is important to ask how political inequality, as measured by inequality in campaign contributions, relates to inequality in wealth. Individual contributions are important and have been larger, when aggregated, then contributions by PACs (political action committees) and other organizations (Bonica et al., 2013).
    [Show full text]
  • What You Do Matters
    what you do matters 2008–09 ANNUAL REPORT 2 ANNUAL REPORT 2008–09 WHAT YOU DO MATTERS 3 FRONT COVER ESTELLE LAUGHLIN HOLOCAUST SURVIVOR AND MUSEUM VOLUNTEER what they do Dear friends—this past November, however impressive our far-reaching 40-foot-high portraits of Estelle impact, we must constantly challenge Laughlin and other Museum survivor ourselves to do more. In a century volunteers were projected one by one already threatened by an alarming onto the exterior of our building. rise in hatred and antisemitism as The symbolism was stunning as each well as genocide, there are simply illuminated the night. Estelle had just no time-outs. turned ten when Germany invaded Our global institution is on the Poland. Over the next four years, she front lines confronting these issues managed to survive the Warsaw ghetto, thanks to your generosity and an the Majdanek death camp, and two extraordinary constellation of other slave labor camps. With dreams still partners equally passionate in our haunted by these memories, Estelle cause. On the pages that follow you shares her story with audiences here will meet some of them. While we and across the country in order to, as cannot eradicate hatred and evil, she says, “keep truth alive and visible.” together we remain unrelenting in In telling their stories, Holocaust our commitment to remember and to survivors put the horror of the genocide teach the lessons of the Holocaust— of Europe’s Jews into a profoundly not just to impart the truth of history’s personal context. They move us beyond greatest crime but to ignite the personal the monolithic event and unfathomable sense of responsibility that stands at numbers to the anguish of each the heart of strong, just societies.
    [Show full text]
  • Sands ECO360 Quarterly  Release of Sands ECO360 Annual Report “A Quarterly Insight Into Las Vegas Sands Corp
    Q2 2018 Highlights of this issue >>> Macao Green Hotel Award announcement Sands ECO360 Quarterly Release of Sands ECO360 annual report “A Quarterly Insight into Las Vegas Sands Corp. Sustainability Activities” Revamped Sustainable Development Standards Sustainability Award >>> The Venetian Macao Earns First Ever Platinum-Level Green Hotel Award in Macao The Venetian Macao has been awarded the Green Hotel Platinum Award, making it the first and only hotel in Macao to earn the new top designation of platinum. The Integrated Resort was recognized for continued waste reduction; availability of electric vehicle parking and charging stations; establishing an eco-friendly mattress replacement program; improving shuttle bus performance, including turning off idling engines; establishing a food waste reduction plan; and carrying out regular environmental footprint audits to identify areas for improvement. In addition to The Venetian Macao receiving Platinum, The Parisian Macao and Four Seasons Hotel Macao received their first award of Gold. Five other Sands China Ltd. (SCL) hotels maintained their Gold designations from previous years’ including Sands Macao, The St. Regis Macao, Conrad Macao, Sheraton Grand Macao Hotel, and Holiday Inn Macao. “Sands China is truly honored by this distinction,” said Mark McWhinnie, SCL’s Senior Vice President of Resort Operations and Development, “Our company continues to develop and implement innovations as part of the Sands ECO360 global sustainability strategy of our parent company, Las Vegas Sands. This strategy has helped Sands China remain at the forefront of sustainable operations in our industry, while continuing to further reduce our impact on the environment.” Through the Sands ECO360 strategy, SCL continues to implement resource conservation and efficiency measures such as installing energy saving LED lights and optimizing heating, ventilation and air-conditioning systems, saving millions of kWh of electricity thus far.
    [Show full text]