Las Vegas Sands said Robert Goldstein will leave his roles as chairman and chief executive on 1 March 2026, with president and chief operating officer Patrick Dumont due to take over. Goldstein will move into a senior adviser role, following the transition announced by the company in March.
The leadership transition will change the executive team overseeing Las Vegas Sands' expansion plans.
Quarter ended 30 September 2026
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Marina Bay Sands reported adjusted property EBITDA of $590 million for the third quarter of 2026, down 20.6% from $743 million a year earlier, according to Las Vegas Sands' earnings release. Net revenue fell 9.9% to $1.29 billion, while casino revenue declined 14.9% to $916 million. Las Vegas Sands said the resort's non-rolling chip win rate fell to 18.7% from 24.5%.
Las Vegas Sands chairman and chief executive Patrick Dumont reaffirmed the company’s commitment to Macau and ruled out prediction market expansion. Speaking to Bloomberg TV at The Venetian Macao, Dumont expressed confidence in Macau’s long-term outlook despite four consecutive months of slowing gaming revenue.
Las Vegas Sands CEO Patrick Dumont ruled out entering prediction markets. He said the operator would prioritise international growth, including Macau, and concentrate on its core business.
Las Vegas Sands CEO Patrick Dumont has ruled out a casino hotel at the proposed Dallas Mavericks arena site, citing his interview with The Athletic. Dumont cited space constraints even if Texas changes its gambling laws.
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.