Casino operator Las Vegas Sands Corp. considers dropping Las Vegas from company name
By Oskar Garcia, APWednesday, September 15, 2010
Las Vegas Sands considers dropping Vegas from name
LAS VEGAS — Casino-resort developer Las Vegas Sands Corp. is considering dropping its hometown from its name to reflect its international footprint, including megaresorts in China and Singapore, and its plans for growth.
Spokesman Ron Reese said Wednesday that executives haven’t settled on a new name or a timeline for the change.
He said CEO Sheldon Adelson floated two possibilities — Sands International or Sands Resort International — while speaking Tuesday at the CLSA Investors’ Forum in Hong Kong.
Reese said a name change could come as early as November, when Sands’ board meets next.
Less than one-fifth of Sands’ $1.59 billion in second-quarter revenue came from Las Vegas.
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