Las Vegas Sands has confirmed that Mr Sheldon G Adelson, Chairman and Chief Executive Officer of Las Vegas Sands, has passed away. Las Vegas Sands operates The Venetian Resort and Sands Expo in Las Vegas and the iconic Marina Bay Sands in Singapore.
Mr Adelson was also Chairman and Chief Executive Officer of Sands China Limited, which operates a large portfolio of properties on the Cotai Strip in Macao, including The Venetian Macao, The Plaza and Four Seasons Hotel Macao, Sands Cotai Central and The Parisian Macao, as well as Sands Macao on the Macau Peninsula.
Las Vegas Sands has issued a statement, which we reproduce in full out of respect for Mr Adelson:
Our founder and visionary leader, Sheldon G. Adelson, passed away last night at the age of 87 from complications related to treatment for non-Hodgkin’s Lymphoma. Born to immigrant parents and raised in a poor section of Boston, Mr Adelson went from a teenager selling newspapers on a street corner to becoming one of the world’s most successful entrepreneurs.
His achievements in the integrated resort and hospitality industry are well-documented. In Las Vegas, Macao and Singapore, Mr Adelson’s vision for integrated resorts transformed the industry, changed the trajectory of the company he founded, and reimagined tourism in each of those markets. His impact on the industry will be everlasting.
Mr Adelson was the first employee of Las Vegas Sands – “Team Member Number One” he liked to say. Today, more than 50,000 Sands team members have Dr. Adelson and the entire Adelson family in their thoughts and prayers and are grateful to have had their lives touched by a true force of nature.
When the pandemic disrupted daily routines and dramatically impacted his business, Mr Adelson was adamant that our Team Members across the globe continue to receive full pay and health care benefits even while the buildings in which they worked were closed. There are countless additional untold stories of his warmth and generosity – efforts for which he never sought recognition or publicity and would only reply with a smile if asked about them.
While his business credentials – having started or been involved in more than 50 different enterprises – are unquestioned, his dedication to philanthropy and commitment to his family will truly be his legacy. He will be missed by people from all parts of the world who were touched by his generosity, kindness, intellect and wonderful sense of humor.
The Adelson family asks for privacy as they mourn Mr Adelson’s passing. A funeral will be held in Israel, the birthplace of Dr. Miriam Adelson, with plans for a memorial service held in Las Vegas to be announced at a later date.
Dr Wilfred Wong, President of Sands China Limited, said in a separate statement to Macau staff, “Our heartfelt condolences go to Dr Miriam Adelson and the Adelson family.
“We are indebted to this great leader and visionary for what he had created for Macau. His legacy will live on, as will his memory in our hearts.
“May Mr Adelson rest in peace!”
Read IAG’s detailed obituary of Mr Sheldon G Adelson here.
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