Sheldon G. Adelson
Chairman of the Board and Chief Executive Officer
Las Vegas Sands Corp.
Sheldon G. Adelson is chairman of the board and chief executive officer of Las Vegas Sands Corp. The Las Vegas, Nevada-based company owns and operates The Venetian Resort-Hotel-Casino, The Palazzo Resort-Hotel-Casino, and the Sands Expo and Convention Center in Las Vegas and the Sands Casino Resort Bethlehem in Eastern Pennsylvania. The company also owns and operates The Venetian Macao Resort-Hotel and the Sands Macao in the People's Republic of China (PRC) Special Administrative Region of Macao. In addition, LVS owns the Four Seasons Hotel Macao and recently opened the Marina Bay Sands™ integrated resort in Singapore.
Mr. Adelson, one of the world’s leading entrepreneurs, is widely credited for helping transform the city of Las Vegas from a gaming-centric regional location into an international business and leisure destination.
His business career spans more than six decades and has included creating and developing to maturity more than 50 different companies, including the COMDEX tradeshow he developed for the computer industry. At his direction, COMDEX became the world’s largest trade show with a presence in many different countries.
In 1989, Mr. Adelson purchased the Sands Hotel & Casino in Las Vegas and subsequently constructed the Sands Expo and Convention Center, the only privately owned and operated convention center in the United States. In 1995, Mr. Adelson sold the COMDEX shows for more than $860 million and proceeded with the implosion of the Sands Hotel & Casino and the construction of the $1.5 billion Venetian Resort Hotel Casino.
In 1999, Mr. Adelson opened the doors to The Venetian Resort Hotel Casino and further changed the perception of Las Vegas by offering visitors an amazing collection of amenities and experiences - like celebrity chef restaurants, world-class entertainment, all-suite accommodations, expansive shopping, spa and fitness facilities and more – virtually creating a city under one roof.
Always challenging and changing the status quo, Mr. Adelson developed a resort destination that caters to a blend of tourist, gaming, and business travelers. Since its opening, the 4,027 suite resort has received recognition as revolutionizing the Las Vegas hotel industry and has been honored with numerous awards naming it one of the finest hotels in the world.
Mr. Adelson’s penchant for challenging the status quo has been the foundation of his success and has led governments in places like Macao and Singapore to select Las Vegas Sands to develop economy-changing tourism developments in their countries.
In May 2004, Las Vegas Sands Corp. opened the Sands Macao, located on China’s southeastern coast. The Sands Macao was the first U.S. operated casino in the region and set the stage for the next phase of development in Macao.
On August 28, 2007, The Venetian Macao opened to massive crowds and, similar to what Mr. Adelson helped accomplish in Las Vegas, Macao began its transformation from a gaming-centric location into an international leisure and business destination. The Venetian Macao and adjoined Four Seasons Hotel Macao are the initial steps in the completion of the Cotai Strip®, a master-planned collection of hotel-resort properties which will include other renowned hotel brands such as St. Regis, Sheraton, Hilton, Conrad, Fairmont, and Raffles.
When the final work on Mr. Adelson’s vision of the Cotai Strip is complete, it will combine to feature more than 20,000 guest rooms, millions of square feet of retail and meeting and convention space, and nearly 30,000 seats of live entertainment. The massive development will occupy more than 53 million square feet of total space, less than two percent of which is casino, and will directly and indirectly employ more than 180,000 people.
Under Mr. Adelson’s leadership, the company recently opened the Marina Bay Sands in Singapore. This iconic integrated resort facility features the type of business and leisure facilities that have become the hallmarks of Las Vegas Sands-developed properties and will be the bar by which all future integrated resort facilities are judged.
Mr. Adelson has been granted honorary degrees and other awards, and has been a guest lecturer at various colleges and universities, including the University of New Haven, Harvard Business School, Columbia Business School, Tel Aviv University and Babson College. In 2008, he was appointed to the Advisory Committee for Trade Policy and Negotiations, providing overall policy advice on trade matters to the Office of the U.S. Trade Representative.
Mr. Adelson and his wife, Dr. Miriam Adelson, are noted philanthropists who donate to a variety of causes. They have three grown daughters, two young sons, and four grandchildren.