Las Vegas Sands Online: a new giant coming in digital?

Home » Las Vegas Sands Online: a new giant coming in digital?

Coronavirus's pandemic has obviously very much influenced the life of billions of people and several activities have been affected by all points of viewnull Among these are also i Las Vegas casino who saw their budgets collapse. Not being able to leave the house or take trips, the maxi structures made up of luxurious hotels and casinos, remained mostly empty. This is the situation experienced for example by the Las Vegas Sands group that owns The Venetian and The Palazzo e who recorded a loss of 73.7% equal to over two billion dollarsnull To confirm it was the new CEO of the Robert Goldstein company announced the results of the year. And that's why, that we start talking about the possibility of creating the Las Vegas Sands online platform.

The plan for the future

At the moment, however, there is still nothing official, but given the persistence of Covid's epidemic, the collapse of the losses and evidently the risk of possible similar situations in the near future, the new CEO would be thinking of new investment formulas, including obviously also the world of online casino.

Yes, we looked at digital. It is interesting, digital is a fairly large space. And we are exploring the opportunities, examining what could be there out therenull There is nothing concrete in the pipeline. The activity is simply looking, learning, observing. But we are not even remotely close to a decision on the matter“.

Adelson contrary?

That the Online Route was certainly one of those that the Sands group should have taken was still clear enough. The world of online casino, in fact, is constantly growing, moreover the trend has strengthened in the last year full of restrictions. Apparently, however, the founder of the Sheldon Adelson group, one of the most influential men of Las Vegas, and died on 11 January, would have always been against this path to take.

Robert Goldstein, however, clarified that Sheldon Adelson, founder of the company and disappeared on 11 January, he was never against the entrance of the group he created in the online casino sector. "Adelson has never questioned the potential of the sector or its feasibility, his concerns were exclusively of ethical nature": These are the declarations of Goldstein who then said he was confident about the near future trying to reassure employees and customers.

I am pleased to share that the recovery process from Pandemia Covid-19 continues to progress both in Macao and Singapore“, Said the new administrator. "Our greatest priority while the continuous recovery remains our profound commitment to support the members of our team and to help the needy in each of our local communities in Macao, Singapore and Las Vegas. We remain optimistic about the possible recovery of shopping for travel and tourism in our markets“.

The previous

Las Vegas Sands is not the first group that wants to land in the online. Also MGM, owner of the other of the Grand Las Vegas, tried to buy a Great British online group: Entainnull The merger, however, has not ended but still high the attention of the groups of Las Vegas remains high on a world full of potential, especially economic. The online, as mentioned above, in fact, is constantly expandingnull The trend proved to be even more important In the past year when all online casinos They obtained an even larger growth margin and this has certainly attracted the attention of all professionals.

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