Las Vegas Sands Is Ready To Wager More On China

  • Date: 16-Apr-2021
  • Source: Forbes
  • Sector:Economy
  • Country:Gulf
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Las Vegas Sands Is Ready To Wager More On China

Las Vegas Sands founder Sheldon Adelson with successor as CEO, Robert Goldstein. Robert Goldstein joined Las Vegas Sands a quarter-century ago and worked his way up to become the right-hand man of billionaire founder Sheldon Adelson, helping to turn the company into the world's largest casino operator with a market capitalization of $50 billion. "The biggest thing I learned from Sheldon was if you have a vision and a commitment to something and you go after it, then you go after it wholeheartedly, not half-heartedly," Goldstein said in a Zoom interview from Las Vegas this month. "The way you make a lot of money is to see something clearly, and then don't think about it. Invest heavily and be committed to it. Have a vision and fulfill it. A lot of people see things and don't do anything about it." After the legendary Adelson's death at age 87 in January from complications related to treatment for lymphoma, Goldstein - now chairman and CEO “” is now bringing that decisive spirit to the company himself. In March, Las Vegas Sands announced the sale of its Las Vegas properties including its landmark Venetian Resort and Sands Expo and Convention Center for $6.