Las Vegas Sands Shifts Focus

The Las Vegas Sands Corp. is considering dropping Las Vegas from its name to better represent the company’s international presence.

During a CLSA Investors’ Forum in Hong Kong Sept. 14, company spokesman Ron Reese said that a specific name hasn’t been decided but possibilities include Sands International or Sands Resort International.

The name change could be decided in November when Sands board members meet.

Sands took in less than one-fifth of its $1.59 billion second-quarter revenue from Vegas operations, where it owns the Venetian and Palazzo casino-resorts and the Sands Expo convention center.

However, the company’s revenue in Macau, where it owns two casino-resorts and a hotel, was reportedly $1.04 billion, with $216.4 million from its Singapore casino during the quarter despite the new Singapore resort being open only two-thirds of that period.