Las Vegas Sands Announces Passing of Company Founder and Industry-Changing Entrepreneur Sheldon G. Adelson

Sands China Ltd. is profoundly saddened and grief-stricken by the news of the passing of our company’s founder and chief executive officer, Mr. Sheldon G. Adelson. Mr. Adelson passed away in the United States on the evening of Jan. 11 at the age of 87 from complications related to treatment for non-Hodgkin’s Lymphoma.

Mr. Adelson was the very definition of a pioneer, entrepreneur and philanthropist. We will never forget his contributions to the development of Macao, which go back to his bold vision of creating the Cotai Strip. His investment in Macao, its industry, its people and its community have both literally and figuratively changed the landscape of our city in more ways than one – something manifestly evident whether examining the shimmering Cotai skyline or reflecting on the rocket-paced professional growth and development of Macao’s integrated resort talent. And his firm belief in philanthropy will continue to have a lasting impact in Macao, where his generosity of spirit lives on in our team members, who serve our community through Sands Cares initiatives like the Sands Cares Ambassador programme.

Mr. Adelson’s contributions to Macao’s tourism industry are well known, beginning with the game-changing Sands Macao in 2004. He then followed up that unparalleled success with yet another game-changer: The Venetian Macao – creating an instantly recognisable and iconic landmark in Macao, including one of the largest convention and exhibition facilities in Asia. That success paved the way for Cotai’s other integrated resort developments, and the transformation of Macao into a world centre of tourism and leisure. Soon after came the opening of the Four Seasons and The Plaza Macao, which was followed by Sands Cotai Central and The Parisian Macao.

Even after the completion of five industry-changing business and leisure properties, Mr. Adelson remained unwavering in his desire to continue to invest in Macao. Our hearts are heavy at the thought of the missed opportunity to enjoy his charisma, charm and pride at the opening of The Londoner Macao, but we are consoled in knowing that his spirit will certainly be present at that unveiling of the latest manifestation of his bold vision – a vision strengthened by his resolute confidence in Macao and its people.

All of us at Sands China will carry forward with further fulfilling Mr. Adelson’s vision for Macao and the Cotai Strip, in continuation of our support of Macao’s development as a world centre of tourism and leisure.

Mr. Adelson’s legacy will forever live on in Macao, as will his memory in our hearts.