Las Vegas Sands Welcomes The Food Bank Singapore to Sands Cares Accelerator Program

Las Vegas Sands and Marina Bay Sands have announced that The Food Bank Singapore has joined the Sands Cares Accelerator, a three-year program designed to support nonprofits in scaling their impact. As the program’s second Singapore-based participant, The Food Bank will receive $100,000 annually, strategic mentorship, and operational guidance to enhance its Bank Card Program.

The Bank Card Program currently enables over 300 distribution partners to provide food aid through smart wallets loaded with monthly credits. With support from Sands, the nonprofit will digitize its card management system and expand its reach, especially to students in tertiary institutions.

This collaboration continues a long-standing partnership between Marina Bay Sands and The Food Bank, which began in 2016. Their joint initiatives include food donations, volunteer programs, and events like the Sands Cares Global Food Kit Build.

Launched in 2017, the Sands Cares Accelerator helps nonprofits strengthen specific programs with extended funding and tailored corporate support. The Food Bank Singapore becomes the seventh organization to participate, joining others across the U.S. and Asia committed to solving community challenges through innovation and capacity-building.

Las Vegas Sands Corp. Announces Committee Appointments for Mark Besca
Las Vegas, NV – March 11, 2025 – Las Vegas Sands Corp. (NYSE: LVS) has announced updates to its Board of Directors, specifically regarding committee appointments for Mark Besca.

Key Updates:
Mark Besca, who was elected to the Board on January 27, 2025, has now been:
Appointed as Chair of the Compliance Committee
Named a Member of the Audit Committee
These appointments take effect immediately as of March 11, 2025.
Committee Roles & Responsibilities:
Compliance Committee: Mr. Besca will oversee corporate compliance programs, regulatory adherence, and ethical governance.
Audit Committee: His role will involve financial oversight, internal controls, and risk management.
Compensation Details:
As a member of these committees, Mr. Besca will receive compensation as outlined in Las Vegas Sands' 2024 proxy statement, filed with the Securities and Exchange Commission (SEC) on March 29, 2024.

This appointment strengthens Las Vegas Sands' commitment to corporate governance, regulatory compliance, and financial transparency.

Las Vegas Sands Corp. Announces Board Committee Appointments
Date: March 11, 2025
Location: Las Vegas, NV

Las Vegas Sands Corp. (NYSE: LVS) has announced the appointment of Mark Besca to key committees of its Board of Directors.

Key Updates
Mark Besca, elected to the Board on January 27, 2025, has now been:
Appointed as Chair of the Compliance Committee
Named a Member of the Audit Committee
These appointments are effective immediately as of March 11, 2025.
Board & Governance Impact
Compliance Committee: Mr. Besca will oversee regulatory, legal, and ethical compliance matters.
Audit Committee: He will contribute to financial oversight, risk management, and internal controls.
Compensation
Mr. Besca will receive compensation in accordance with Las Vegas Sands' director compensation policy, as outlined in the company’s 2024 proxy statement.

Las Vegas Sands Corp. Announces CEO Transition and Leadership Changes
LAS VEGAS, March 6, 2025 – Las Vegas Sands Corp. (NYSE: LVS) has announced that Robert G. Goldstein, the company’s Chairman and Chief Executive Officer (CEO), will transition to the role of Senior Advisor on March 1, 2026. Upon this transition, Patrick Dumont, currently serving as President and Chief Operating Officer (COO), will assume the roles of Chairman and CEO.

Key Leadership Changes:
Robert G. Goldstein will step down as CEO and Chairman on March 1, 2026 and transition to Senior Advisor.
Patrick Dumont will be appointed Chairman and CEO.
Goldstein will continue to provide strategic advisory services related to government relations, new development opportunities, and gaming strategies.
Details of Goldstein’s Senior Advisor Role:
Goldstein will serve as Senior Advisor for two years, effective March 1, 2026.
Annual consulting fee of $4.5 million for his services.
Retention of equity awards, with all outstanding stock options fully vested upon his transition.
Corporate benefits include continued healthcare coverage, access to corporate aircraft (up to 125 hours annually), and first-class accommodations for business-related travel.
The agreement includes tax gross-ups for any taxable benefits received.
CEO Succession Plan
Las Vegas Sands' Board of Directors has formally announced its intention to appoint Patrick Dumont as Chairman and CEO upon Goldstein’s transition. Dumont, who has been instrumental in corporate strategy, operations, and expansion, is expected to continue guiding the company’s growth in the global gaming and hospitality sector.

Statement from Robert Goldstein:
"It has been an incredible privilege to lead Las Vegas Sands, and I am proud of all that we have accomplished. I look forward to continuing to support the company in an advisory capacity as it enters a new phase under Patrick’s leadership."

Statement from Patrick Dumont:
"I am honored by the opportunity to lead Las Vegas Sands and build on the company’s legacy of innovation and operational excellence. We remain committed to delivering world-class experiences and driving long-term value for our stakeholders."

Regulatory Disclosure & Forward-Looking Statements
Las Vegas Sands has filed an 8-K report detailing these executive changes with the Securities and Exchange Commission (SEC). The company cautions that forward-looking statements regarding leadership transitions are subject to various risks and uncertainties.

Las Vegas Sands Corp. announced that its subsidiary, Marina Bay Sands Pte. Ltd. (MBS), has fully repaid and terminated its existing credit facility agreement originally dated June 25, 2012. This action follows the company’s entry into a new 2025 Singapore Credit Facility Agreement on February 21, 2025.

As part of the termination process, MBS prepaid all outstanding Facility A and Facility D Loans, repaid all ancillary outstandings, reduced the available facility to zero, and canceled all ancillary commitments. With these steps completed as of February 28, 2025, all outstanding amounts under the prior facility have been discharged, and no commitments remain in force under the previous agreement.

This move marks a strategic financial restructuring for Marina Bay Sands, aligning its credit facilities with its current and future operational needs.

Las Vegas Sands Corp. announced that its subsidiary, Marina Bay Sands Pte. Ltd. (MBS), has entered into a new credit facility agreement on February 21, 2025. The agreement, known as the 2025 Singapore Credit Facility Agreement, includes the following financing:

- A SGD 3.75 billion ($2.81 billion) term loan facility
- A SGD 750 million ($561 million) revolving credit facility
- A SGD 7.5 billion ($5.61 billion) delayed draw term loan facility

The funds will be used for refinancing existing debt, general corporate purposes, and financing development costs related to the Marina Bay Sands integrated resort expansion project. The agreement includes customary conditions, financial covenants, and security interests in MBS’s assets.

Additionally, MBS has issued a prepayment notice for the full repayment of its outstanding obligations under a 2012 credit agreement, contingent on receiving proceeds from the new facilities.

source: Las Vegas Sands Corp., form 8-K filing, February 24, 2025.