Disclosed on March 19, Robert Goldstein, Chairman & CEO at Las Vegas Sands (NYSE:LVS), executed a substantial insider sell as per the latest SEC filing.
What Happened: Goldstein's recent move involves selling 100,000 shares of Las Vegas Sands. This information is documented in a Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday. The total value is $5,206,000.
The latest market snapshot at Wednesday morning reveals Las Vegas Sands shares down by 0.59%, trading at $50.48.
About Las Vegas Sands
Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. The company owns the Venetian Macao, Sands Macao, Londoner Macao, Four Seasons Hotel Macao, and Parisian Macao, as well as the Marina Bay Sands resort in Singapore. We expect Sands to open a fourth tower in Singapore toward the end of 2028. Its Venetian and Palazzo Las Vegas assets in the U.S. were sold to Apollo and VICI in 2022. With the sale of its Vegas assets, the company generates all its EBITDA from Asia, with its casino operations generating the majority of sales.
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