Las Vegas Sands Files 2024 10-K
Ticker: LVS · Form: 10-K · Filed: Feb 7, 2025 · CIK: 1300514
| Field | Detail |
|---|---|
| Company | Las Vegas Sands CORP (LVS) |
| Form Type | 10-K |
| Filed Date | Feb 7, 2025 |
| Risk Level | medium |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $0.001, $28.35 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, annual-report, hospitality
TL;DR
LVS 2024 10-K is in. Full year financials and ops details out now.
AI Summary
Las Vegas Sands Corp. filed its 2024 10-K on February 7, 2025, reporting on its fiscal year ending December 31, 2024. The company, incorporated in Nevada, operates in the Hotels & Motels sector. Key financial details and operational highlights for the year are detailed within the filing.
Why It Matters
This filing provides investors and analysts with a comprehensive overview of Las Vegas Sands' financial performance and strategic positioning for the 2024 fiscal year, crucial for understanding the company's current health and future prospects.
Risk Assessment
Risk Level: medium — As a large, publicly traded company in the hospitality and gaming sector, Las Vegas Sands faces inherent market, economic, and regulatory risks.
Key Players & Entities
- LAS VEGAS SANDS CORP (company) — Filer
- 0001300514 (company) — Central Index Key
- 2024-12-31 (date) — Fiscal Year End
- 2025-02-07 (date) — Filing Date
- NV (location) — State of Incorporation
FAQ
What was Las Vegas Sands Corp.'s total revenue for the fiscal year ended December 31, 2024?
The filing does not explicitly state the total revenue figure in the provided snippet, but it indicates the fiscal year end is December 31, 2024.
When was the 10-K filing for Las Vegas Sands Corp. submitted to the SEC?
The 10-K filing was submitted on February 7, 2025.
What is the primary industry classification for Las Vegas Sands Corp.?
The company is classified under HOTELS & MOTELS [7011].
In which U.S. state is Las Vegas Sands Corp. incorporated?
Las Vegas Sands Corp. is incorporated in Nevada (NV).
What is the company's business address?
The business address is 5420 S. Durango Drive, Las Vegas, NV 89113.
Filing Stats: 4,518 words · 18 min read · ~15 pages · Grade level 15.2 · Accepted 2025-02-07 17:11:18
Key Financial Figures
- $0.001 — ange on Which Registered Common Stock ($0.001 par value) LVS New York Stock Exchange
- $28.35 billion — billion patacas in 2024 (approximately $28.35 billion at exchange rates in effect on December
Filing Documents
- lvs-20241231.htm (10-K) — 3462KB
- lvs-ex32_20241231x10k.htm (EX-3.2) — 105KB
- lvs-ex44_20241231x10k.htm (EX-4.4) — 31KB
- lvs-ex191_20241231x10k.htm (EX-19.1) — 80KB
- lvs-ex211_20241231x10k.htm (EX-21.1) — 8KB
- lvs-ex231_20241231x10k.htm (EX-23.1) — 3KB
- lvs_ex232x12312024.htm (EX-23.2) — 6KB
- lvs-ex311_20241231x10k.htm (EX-31.1) — 9KB
- lvs-ex312_20241231x10k.htm (EX-31.2) — 9KB
- lvs-ex321_20241231x10k.htm (EX-32.1) — 5KB
- lvs-ex322_20241231x10k.htm (EX-32.2) — 5KB
- lvs-ex97_20241231x10k.htm (EX-97.0) — 41KB
- image.jpg (GRAPHIC) — 13KB
- image_0.jpg (GRAPHIC) — 49KB
- lvs-20241231_g1.jpg (GRAPHIC) — 24KB
- lvs-20241231_g2.jpg (GRAPHIC) — 97KB
- 0001300514-25-000040.txt ( ) — 18957KB
- lvs-20241231.xsd (EX-101.SCH) — 108KB
- lvs-20241231_cal.xml (EX-101.CAL) — 140KB
- lvs-20241231_def.xml (EX-101.DEF) — 674KB
- lvs-20241231_lab.xml (EX-101.LAB) — 1271KB
- lvs-20241231_pre.xml (EX-101.PRE) — 986KB
- lvs-20241231_htm.xml (XML) — 3298KB
SIGNATURES
SIGNATURES 120 2 Table of Contents PART I
— BUSINESS
ITEM 1. — BUSINESS Our Company Las Vegas Sands Corp. ("LVSC," or together with its subsidiaries "we" or the "Company") is a Fortune 500 company and the leading global developer and operator of destination properties ("Integrated Resorts") that feature premium accommodations, world-class gaming, entertainment and retail malls, convention and exhibition facilities, celebrity chef restaurants and other amenities. We currently own and operate Integrated Resorts in Macao and Singapore. We believe our geographic diversity, best-in-class properties and convention-based business model provide us with the best platform in the hospitality and gaming industry to continue generating growth and cash flow while simultaneously pursuing new development opportunities. We focus on the mass market, which comprises our most profitable gaming segment. We believe the mass market segment will continue to deliver long-term growth as a result of continuing economic growth, expansion of the middle class and an increasing number of high net worth individuals across our markets in Asia. We also offer loyalty programs at our properties, which provide access to rewards, privileges and members-only events. Additionally, we believe being in the retail mall business and, specifically, owning some of the largest retail properties in Asia will provide meaningful value for us, particularly as the retail market in Asia continues to grow. Our properties also cater to high-end patrons by providing them with luxury amenities and premium service levels. These amenities include luxury accommodations, restaurants, lounges, invitation-only clubs and private gaming salons. In each of the regions where we operate, the Paiza brand is associated with certain of these exclusive facilities and represents an important part of our VIP gaming marketing strategy. Our unique convention-based marketing strategy allows us to attract business travelers during the slower mid-week periods while leisure travelers occupy