iGaming move for Las Vegas Sands Corporation
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Las Vegas Sands Corporation wants to become a strategic investor in digital gaming technologies. The company will be led by Davis Catlin, who recently joined the company after 14 years with private investments specialist Sands Capital Management.
Catlin will be tasked with providing Las Vegas Sands Corporation with investments in digital gaming. He has been leading his previous employer's private and public digital game efforts for the past decade. Las Las Sands is determined to grow its leadership position within the industry.
Las Vegas Sands Corporation is moving to offer iGaming services. Online sportsbetting is legal in more than 15 states and real-money online casino gaming is currently legal only in five.
Sheldon Adelson was a fervent opponent of legalized online gambling. He died in January at the age of 87.
Las Vegas Sands Corporation has signed a $6.25 billion deal to sell off its The Venetian Resort Hotel Casino and The Palazzo hotel. The company will be reliant on its remaining properties in the Asian gambling hotspots of Macau and Singapore.
