Las Vegas Sands Corp. terminated its digital gaming division. The shutdown eliminates 400 positions. Workers in Las Vegas lost 150 jobs.

Key Points

• The strategic review killed the Sands Digital Services project.
• Las Vegas loses 150 positions while total cuts reach 400.
• Macao and Singapore properties get future investments.

Sands Shuts Down Digital Gaming Division Amid Strategic Shift

The company launched Sands Digital Services to test online gaming markets. Executives killed the unit. Long-term goals changed. Patrick Dumont sent termination letters on 2 October. He serves as President and COO. The board built the project with startup thinking. Directors changed their minds. Group strategy shifted away from digital ventures. Live-dealer studios died with the closure. The company wanted to stream gambling into American markets. Legal barriers blocked expansion.

Six states permit internet gambling. New Jersey operates these markets. Michigan and Pennsylvania joined them. The company sold The Venetian and Palazzo to Apollo Global Management and Vici Properties in 2021. Sands bought Qbet assets. Digital dreams started then. Las Vegas workers can apply for different positions. The company needs other skills. Most employees won’t qualify.

Las Vegas Sands Shifts Focus from Digital to Physical Expansion

Digital investments drain resources from physical casinos. Operators struggle with this balance. Traditional properties demand attention. Singapore is to see an $8B expansion at Marina Bay Sands, which comes into effect in July 2025. Also in the works is a 55-story hotel tower. We also see the addition of a 15,000-seat arena to the project. The company pours money into proven markets. Macao received fresh commitments through new licenses. Singapore’s Marina Bay Sands drives growth plans.

Q1 2025 brought $605m in adjusted EBITDA from Marina Bay Sands. Tourism bounced back. Numbers pleased investors. Dumont explained the decision: “Technology changes fast, but our two markets beat everything else. Shareholders deserve our focus there. Digital experiments end today.” Online gaming dreams died at Las Vegas Sands. International resorts get all the attention now. Southeast Asia hosts their biggest expansion ever.