Sands China to Organize Pre-Season NBA Games in Effort to Enhance Macau's Sports Landscape
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 22 2025
0mins
Should l Buy LVS?
Source: SeekingAlpha
Sands China and NBA Partnership: Sands China is collaborating with the NBA to host the NBA China Games 2025, featuring preseason games between the Brooklyn Nets and Phoenix Suns at The Venetian Arena in Macau.
Economic Diversification Goals: This partnership aims to enhance sports-driven tourism and support Macau's objective of having non-gaming industries contribute 60% of its GDP by 2028.
Fan Engagement Activities: Alongside the games, there will be interactive fan activities including an NBA Fan Day on October 11, featuring contests and celebrity performances, supported by marketing partners like Taobao and Nike.
NBA Connection: Sands China's connection to the NBA includes Patrick Dumont, who serves as both the President and COO of Las Vegas Sands and as the governor and majority owner of the Dallas Mavericks.
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Analyst Views on LVS
Wall Street analysts forecast LVS stock price to rise
14 Analyst Rating
10 Buy
4 Hold
0 Sell
Moderate Buy
Current: 56.830
Low
56.89
Averages
69.12
High
80.00
Current: 56.830
Low
56.89
Averages
69.12
High
80.00
About LVS
Las Vegas Sands Corp. is a global developer and operator of destination properties (Integrated Resorts). The Integrated Resorts feature accommodations, gaming, entertainment and retail malls, convention and exhibition facilities, celebrity chef restaurants and other amenities. Its properties also cater to high-end players by providing them with luxury amenities and premium service levels. Its other amenities include luxury accommodations, restaurants, lounges, invitation-only clubs and private gaming salons. Its principal operating and developmental activities occur in two geographic areas: Macao and Singapore. In Macao, it owns The Venetian Macao Resort Hotel; The Londoner Macao; The Parisian Macao; The Plaza Macao and Four Seasons Macao, and Sands Macao. In Singapore, it owns Marina Bay Sands. It also has ferry operations. It owns and operates a collection of Integrated Resorts in the Macao Special Administrative Region of the People's Republic of China (PRC) through Sands China Ltd.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Las Vegas Sands Appoints New CEO
- Executive Appointment: Las Vegas Sands (LVS) has appointed Patrick Dumont as the new chairman and CEO, effective March 1, succeeding Robert Goldstein, who will serve as a senior advisor until 2028, indicating stability in corporate governance.
- Succession Planning: Dumont's appointment was anticipated as the board had previously indicated he would likely succeed Goldstein, reflecting continuity and strategic foresight in the company's leadership.
- Extensive Experience: Since joining the company in 2010, Dumont has held several key positions, accumulating over 25 years of experience in management, development, and corporate finance, focusing on driving long-term growth and enhancing shareholder value.
- Transformative Investments: Under Dumont's leadership, the company has undertaken transformative investments in Macau and Singapore to elevate product offerings, enhance customer experience, and increase long-term earnings potential, despite a 12.7% decline in stock price year-to-date.
See More
Las Vegas Sands Appoints New CEO
- Executive Transition: Las Vegas Sands Corp. announced that Patrick Dumont will become the chairman and CEO effective March 1, 2026, succeeding Robert Goldstein, who will serve as a senior advisor until March 2028, indicating the company's focus on strategic leadership planning and stability.
- Succession Planning: Dumont's succession was previously indicated by the board, and he has served as president and COO since January 2021 while being a board member since 2017, reflecting the company's emphasis on internal development and continuity in executive selection.
- Extensive Experience: With over 25 years of experience in management, development, operations, and corporate finance, Dumont has been CFO since 2016, showcasing his deep understanding of the company's financial health and strategic growth, which will be beneficial for future business expansion.
- Career Background: Dumont began his career in investment banking with Bear Stearns & Co and Miller Buckfire & Co, and his extensive financial background will provide strong support for Sands' strategic decision-making.
See More
Las Vegas Sands Appoints New CEO
- Leadership Transition: Patrick Dumont will assume the role of Chairman and CEO of Las Vegas Sands effective March 1, 2026, succeeding Robert Goldstein, who will serve as a senior advisor until March 2028, reflecting the company's commitment to sustained leadership.
- Strategic Growth: Since becoming President and COO in 2021, Dumont has leveraged over 25 years of management and finance experience to drive significant investments in Macau and Singapore, aimed at enhancing product offerings and customer experiences, which is expected to bolster long-term earnings potential.
- New Project Launch: Dumont is overseeing an $8 billion ultra-luxury project in Singapore that broke ground in July 2025, marking a significant expansion into the high-end market, which is anticipated to attract more affluent customers and enhance the brand's prestige.
- Team Stability: Dumont emphasized the stability of the core leadership team and the ongoing focus on investing in employees and local communities to create positive economic impacts and strong shareholder returns, demonstrating the company's commitment to sustainable development.
See More
Las Vegas Sands Appoints New CEO
- Leadership Transition: Las Vegas Sands announced that Patrick Dumont will become CEO effective March 1, 2026, succeeding Robert Goldstein, who will serve as a senior advisor until 2028, highlighting the company's commitment to sustained leadership.
- Strategic Development: Dumont, who has been president and COO since 2021 and has over 25 years of management and finance experience, will continue to drive the company's $8 billion ultra-luxury project in Singapore, aimed at enhancing customer experience and long-term profitability.
- Team Stability: Dumont emphasized the stability of the core leadership team, stating a focus on maximizing investments in assets and communities to ensure strong returns for shareholders, reflecting the company's commitment to sustainable development.
- Market Positioning: As a leading global developer and operator of integrated resorts, Las Vegas Sands is dedicated to driving tourism growth and creating economic benefits, and Dumont's appointment is expected to further solidify its leadership position in the industry.
See More
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- Appointment Announcement: Patrick Dumont has been appointed as the Chairman of Las Vegas Sands Corp.
- Company Overview: Las Vegas Sands Corp. is a prominent player in the gaming and hospitality industry, with significant operations in the United States and Asia.
See More
Patrick Dumont to Assume Role of Chairman and CEO at Las Vegas Sands Corp on March 1, 2026
- Leadership Change: Patrick Dumont is set to become the Chairman and CEO of Las Vegas Sands.
- Effective Date: The transition to his new role will take place on March 1, 2026.
See More
Las Vegas Sands Appoints New CEO
- Executive Appointment: Las Vegas Sands (LVS) has appointed Patrick Dumont as the new chairman and CEO, effective March 1, succeeding Robert Goldstein, who will serve as a senior advisor until 2028, indicating stability in corporate governance.
- Succession Planning: Dumont's appointment was anticipated as the board had previously indicated he would likely succeed Goldstein, reflecting continuity and strategic foresight in the company's leadership.
- Extensive Experience: Since joining the company in 2010, Dumont has held several key positions, accumulating over 25 years of experience in management, development, and corporate finance, focusing on driving long-term growth and enhancing shareholder value.
- Transformative Investments: Under Dumont's leadership, the company has undertaken transformative investments in Macau and Singapore to elevate product offerings, enhance customer experience, and increase long-term earnings potential, despite a 12.7% decline in stock price year-to-date.
See More
Las Vegas Sands Appoints New CEO
- Executive Transition: Las Vegas Sands Corp. announced that Patrick Dumont will become the chairman and CEO effective March 1, 2026, succeeding Robert Goldstein, who will serve as a senior advisor until March 2028, indicating the company's focus on strategic leadership planning and stability.
- Succession Planning: Dumont's succession was previously indicated by the board, and he has served as president and COO since January 2021 while being a board member since 2017, reflecting the company's emphasis on internal development and continuity in executive selection.
- Extensive Experience: With over 25 years of experience in management, development, operations, and corporate finance, Dumont has been CFO since 2016, showcasing his deep understanding of the company's financial health and strategic growth, which will be beneficial for future business expansion.
- Career Background: Dumont began his career in investment banking with Bear Stearns & Co and Miller Buckfire & Co, and his extensive financial background will provide strong support for Sands' strategic decision-making.
See More
Las Vegas Sands Appoints New CEO
- Leadership Transition: Patrick Dumont will assume the role of Chairman and CEO of Las Vegas Sands effective March 1, 2026, succeeding Robert Goldstein, who will serve as a senior advisor until March 2028, reflecting the company's commitment to sustained leadership.
- Strategic Growth: Since becoming President and COO in 2021, Dumont has leveraged over 25 years of management and finance experience to drive significant investments in Macau and Singapore, aimed at enhancing product offerings and customer experiences, which is expected to bolster long-term earnings potential.
- New Project Launch: Dumont is overseeing an $8 billion ultra-luxury project in Singapore that broke ground in July 2025, marking a significant expansion into the high-end market, which is anticipated to attract more affluent customers and enhance the brand's prestige.
- Team Stability: Dumont emphasized the stability of the core leadership team and the ongoing focus on investing in employees and local communities to create positive economic impacts and strong shareholder returns, demonstrating the company's commitment to sustainable development.
See More
Las Vegas Sands Appoints New CEO
- Leadership Transition: Las Vegas Sands announced that Patrick Dumont will become CEO effective March 1, 2026, succeeding Robert Goldstein, who will serve as a senior advisor until 2028, highlighting the company's commitment to sustained leadership.
- Strategic Development: Dumont, who has been president and COO since 2021 and has over 25 years of management and finance experience, will continue to drive the company's $8 billion ultra-luxury project in Singapore, aimed at enhancing customer experience and long-term profitability.
- Team Stability: Dumont emphasized the stability of the core leadership team, stating a focus on maximizing investments in assets and communities to ensure strong returns for shareholders, reflecting the company's commitment to sustainable development.
- Market Positioning: As a leading global developer and operator of integrated resorts, Las Vegas Sands is dedicated to driving tourism growth and creating economic benefits, and Dumont's appointment is expected to further solidify its leadership position in the industry.
See More
PATRICK DUMONT NAMED CHAIRMAN OF SANDS CHINA LTD BY LAS VEGAS SANDS CORP
- Appointment Announcement: Patrick Dumont has been appointed as the Chairman of Las Vegas Sands Corp.
- Company Overview: Las Vegas Sands Corp. is a prominent player in the gaming and hospitality industry, with significant operations in the United States and Asia.
See More
Patrick Dumont to Assume Role of Chairman and CEO at Las Vegas Sands Corp on March 1, 2026
- Leadership Change: Patrick Dumont is set to become the Chairman and CEO of Las Vegas Sands.
- Effective Date: The transition to his new role will take place on March 1, 2026.
See More
