Las Vegas Sands chairman and CEO Goldstein reveals digital interest

By Peter Lynch

New Las Vegas Sands chairman and CEO Robert Goldstein says that the operator is exploring the potential of entering the sports betting, digital and online gaming marketplace.

Goldstein recently took over as Sands chairman and CEO from Sheldon Adelson, who passed away earlier this month from complications related to treatment for non-Hodgkin’s Lymphoma.

The new chairman and CEO said that Adelson had ethical concerns about online gaming and how to control it with regard to underage players, but that he “never questioned its viability.” Goldstein added that Sands was looking at all aspects involving digital gaming opportunities.

“I have very strong thoughts about this,” Goldstein said. “We just want to keep working toward our goals. It’s a very interesting business. The question is can we bring something to the table that can make a lot of money.”

During the operator’s fourth-quarter conference call, the new leader also paid tribute to his predecessor, who he worked under for over two decades. The billionaire was the only chairman and CEO in the history of Las Vegas Sands.

“The last two weeks have been the most difficult in our company’s history,” added Goldstein.

“The DNA of the company that Sheldon founded will remain ever-present. The company, with the full and wholehearted support of the board and the family, will continue to honour Sheldon’s vision and protect and build upon his legacy.”


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