Las Vegas Sands said Patrick Dumont will become its chair and chief executive on 1 March 2026, succeeding Robert G. Goldstein. Dumont has also been named chair of Sands China; Goldstein will become a senior adviser and support the company through March 2028.
The leadership change also gives Dumont the chair role at Sands China.
Quarter ended 30 September 2026
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Light & Wonder reported third-quarter net income of US$133 million, up 16.7% year on year, on revenue of US$824 million, down 2.0%. The company also appointed Matthieu Labbat chief executive of SciPlay, effective immediately; Labbat previously led Product Madness at Aristocrat Leisure.
Light & Wonder reported third-quarter net income of US$133m, up 16.7% year on year. Revenue for the three months to 30 September was US$824m, down 2.0%, the company said in a Wednesday announcement.
Las Vegas Sands reported second-quarter 2026 net revenue of $3.15 billion, down from $3.18 billion a year earlier, and net income of $373 million, compared with $519 million. The company attributed the results partly to weak VIP gaming hold in Macao and reduced high-value customer travel during the World Cup; its board also authorised a $6.0 billion share repurchase amount through 21 July 2029.
Las Vegas Sands chief executive Patrick Dumont said the company does not intend to enter online gaming, including through brand licensing. Speaking at a conference in New York, he said the group would focus on markets and products where it already has a strong position. Dumont also said the company is examining artificial intelligence and investing in smart gaming tables.
Las Vegas Sands reported first-quarter 2026 revenue of $3.59bn, a 25.3% increase year on year. Net income rose 57.1% to $641m, while adjusted property EBITDA increased 24.6% to $1.42bn. The company said Singapore and Macau both delivered growth.
Las Vegas Sands reported fourth-quarter 2025 net revenue of $3.65bn, up from $2.9bn a year earlier. Net income rose to $448m from $392m, while consolidated adjusted property EBITDA reached $1.41bn, compared with $1.11bn. Marina Bay Sands recorded adjusted property EBITDA of $806m, reduced by $45m because of high hold on rolling play, the company said.