Preview

LVS Report

Powerful Essays
Open Document
Open Document
2140 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
LVS Report
Analyst Report

Prepared by:
Michael Boone
John Tabler

April 29, 2012

The Company
Las Vegas Sands Corporation (LVS) is the leading developer of global destination properties. LVS offers premium accommodations, gaming activities, retail locations, exhibition facilities, and high-end dinning to its customers. Currently LVS has facilities in Asia and the United States, and is actively looking to expand its operations further in Asia as well as into Europe in the near future.

The Business Model
LVS operates in three primary markets: Macao, Singapore, and the United States.

Macao
LVS operates the Venetian Macao, the Four Seasons Hotel Macao, the Sands Macao, and the Sands Cotai Central in Macao. The Sands Cotai Central was opened in April 2012 and is the first phase of an integrated resort complex planned to open over the next several years. In 2011, operations in Macao accounted for roughly 52 percent of total revenues for LVS.

Singapore
LVS operates the storied Marina Bay Sands in Singapore and has plans to open other facilities in the near future. In 2011, the Marina Bay Sands accounted for 30 percent of the company’s revenues.

United States
LVS has properties in Las Vegas, Nevada as well as Bethlehem, Pennsylvania. In Las Vegas the company owns and operates the Venetian Las Vegas, The Palazzo, and the Sands Exposition and Convention Center. In Bethlehem, LVS operates the Sands Casino Resort Bethlehem. Operations in the United States accounted for 18 percent of total revenues in 2011.

LVS derives its revenues from five major segments of its operations: casino, rooms/accommodations, food and beverage, mall and retail, and convention/exhibition. During 2011, the casino segment of LVS accounted for 79 percent of revenues, rooms/accommodations 10.6 percent, food and beverage 6.4 percent, mall and retail 3.7 percent, and convention/exhibition 5.3 percent of total revenues. The casino segment of LVS

You May Also Find These Documents Helpful

  • Good Essays

    Linear Programming

    • 737 Words
    • 3 Pages

    Company opened a third distribution center in Las Vegas and just two years ago openeda…

    • 737 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Case #30

    • 871 Words
    • 4 Pages

    Steve Wynn followed his passion as an entrepreneur and has changed the world of gaming. He has become the most talented casino gamer the world has ever seen. His patient, the man that he became has earned him a spot in the gaming world that can never be taken away from him He chose to make a smart move by purchasing the Desert Inn, and within eighteen, weeks he closed the Inn. He developed the Las Vegas casino which is worth billions of dollars in today’s market. His brilliant billion dollar strategy plan makes him powerful to the Wynn Resorts company. This may have been the best strategy that he decided to sell the Desert Inn in eighteen weeks. Now, to take the $270 million that he earned and reinvested it into what may be now, a billion dollar company that could be considered as grand. He made his initial investment into what now the Wynn Resorts Limited public. By 2004, the investments that he made allowed the Resort to become worth billions of dollars, double his net worth. By April 2005, Mr. Wynn made an investment in his Wynn Resort in Las Vegas, which became the most expensive Resort. Its location, which stand’s on the site that the former Desert Inn once stood may be worth billions. One of three largest gaming concessions, Wynn made a wise successful bid for it in Macau. This Special Administrative Region located in China has the world largest and longest history in the gaming market throughout the world. It surpasses Las Vegas, but it became known as Wynn Macau, which opened in September of 2006, became Mr. Steve Wynn most important investment of the Wynn Resorts. The newest Wynn Resort investment began in Encore Las Vegas, in 2008. This tower of Encore Resort became a model after the heart of the Wynn Las Vegas tower, which shares the same property although…

    • 871 Words
    • 4 Pages
    Good Essays
  • Good Essays

    “The sale of serviced residences in The Address The BLVD builds on the success of Emaar’s project launches earlier this year. With the new project, investors have the opportunity to become part of Downtown Dubai, one of the city’s most sought-after lifestyle destinations, described as ‘The Centre of Now.’ In addition to the option of staying or renting out, they can also benefit from Emaar’s rental programme,” Amiri said.…

    • 1454 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    TRAVERSE CITY, MICHIGAN - RTV, Inc, (RTV) a Traverse City, MI based virtual tour software & professional photography service has been selected as the preferred photography production partner for G6 Hospitality LLC, the parent company of the iconic economy lodging brands, Motel 6 and Studio 6.…

    • 502 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    The firm that I have investigated thoroughly, Las Vegas Sands is in a somewhat unfavorable industry. Although LVS is considered one of the top resort casino companies, it only holds minimal market share primarily in Las Vegas and Macau, while still competing on an equal level with WYNN, MGM, and BYD who they themselves commend considerable market share. Also,…

    • 422 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Las Vegas Sands Corp. created an independent world of entertainment at each of properties in Las Vegas, Macau, Bethlehem and Singapore (LVS, 2014).…

    • 1597 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    EVS REPORT

    • 4457 Words
    • 14 Pages

    No one will ever again see a paradise parrot flash its rainbow colors across the sky or see the…

    • 4457 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Venetian Macau

    • 594 Words
    • 4 Pages

    G I L L E S P I E case study Venetian, Macau architect Aedas (Macau) Ltd main contractor Hsin Chong Engineering (Macau) Ltd casino creation As a key contributor to the spectacular decorative theming of the Venetian Sands Casino complex in Macau, Gillespie has earned widespread acclaim for problem solving, professionalism and flawless workmanship in producing vast areas of the highest quality interior GRG decorative finishes.…

    • 594 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Lascelles Chin is founder, chairman and Chief executive officer of the Lasco Group of Companies in Jamaica. The Lasco group is made up of Lasco Distributors, Lasco Foods Successors Ltd, Lasco Foods Ltd, Lasco Barbados Ltd, Lasco Financial Services Limited and Lasco Remittance Services.…

    • 2712 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    Mandalay Resort Group is one of the leading hotel-casino companies in the United States, and is the largest such company in the Las Vegas market in terms of square footage of casino space and number of hotel rooms. Known as Circus Circus Enterprises, Inc. until June 1999, Mandalay Resort operates ten hotel-casinos in Nevada, including four elaborate properties on the Las Vegas Strip: Mandalay Bay, Luxor, Excalibur, and Circus Circus. It is also a partner with Mirage Resorts, Incorporated in a joint venture that owns and operates the Monte Carlo, another Strip denizen. Outside of Nevada, the company owns a dockside casino in Tunica County, Mississippi, a riverboat casino located in Elgin, Illinois, and is developing casinos in Detroit, Michigan. With the exception of the upscale Mandalay Bay, the company's properties are mainly aimed at middle-class vacationers. To appeal to this market segment, the company offers reasonably priced rooms and food, and has pioneered the concept of the casino as an entertainment theme park for the entire family.…

    • 359 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    City Center, Las Vegas is made up of multiple skyscrapers with contemporary designs. The inside is just as lavish as the outside, where world famous artists have put in there own tweeks and installations to make City Center one of a kind. Combined City Center has 2,400 condominium and condo hotel units and approximately 4,800 hotel rooms. They are all distributed within several high rise and mid rise towers around the "CRYSTALS" retail and entertainment district. The multi use project is designed with green technologies to make it one of the world's largest environmentally sustainable urban communities. Private investors had to dish out 11 Billion dollars for the funding to build this extravagant addition to Las Vegas. City Center’s opening will boost Las Vegas economy when the country gets back on its feet after the economic collapse. Right now at least 50% of the 12,000 employees are only working part-time which means when business picks up more people will be getting paid and that puts money straight into Las Vegas businesses. I did the research about what materials were used to build this massive project and this is what I found:…

    • 294 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Leela Hotels

    • 1141 Words
    • 5 Pages

    The Leela Palaces, Hotels and Resorts is an Indian luxury hospitality group founded in 1986 by Captain C. P. Krishnan Nair, who named it after his wife. Currently The Leela, as it is commonly referred to, is a group of seven luxury palaces and hotels, located in Mumbai, Goa, Bangalore, Kovalam, Gurgaon, Udaipur and New Delhi. The group has plans to open new hotels in Chennai (2012 - September) and later in Coimbatore and Agra, Lake Ashtamudi (Kollam, Kerala) and Jaipur.…

    • 1141 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    RESORTS VENUE RIZAL

    • 1074 Words
    • 6 Pages

    More on the business style, Las Brisas Hotel and Conference Center is a complete amenity resort in Antipolo City. Knowing that hotels and villas are in with resorts, this one is a lot cozier for those who prefer not just fun or an exquisite taste of relaxation. This is an ideal place to hold business conferences.…

    • 1074 Words
    • 6 Pages
    Satisfactory Essays
  • Good Essays

    Porter

    • 1319 Words
    • 4 Pages

    The Solaire Manila Resort and Casino is the first Casino that opened in Entertainment City Manila. It opened its doors to the public on March 16 2013. The casino is owned and operated by Bloomberry Resorts and Hotels Inc.…

    • 1319 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    City of Dreams - Manila

    • 550 Words
    • 5 Pages

    Experience a city of flavors with a global lineup of restaurants championed by the most…

    • 550 Words
    • 5 Pages
    Satisfactory Essays

Related Topics