BRIEF: Sands China chairman to step down in March 2026

1928.HK
LVS.US

Casino operator Sands China Ltd. (1928.HK) announced on Friday that Robert Goldstein will step down as its chairman effective March 1, 2026. It added Goldstein will transition from his role as chairman and CEO of Sands China’s parent, Las Vegas Sands Corp., (LVS.US) to a senior advisor position.

Goldstein joined Las Vegas Sands in 1995 and took over as chairman and CEO in 2021 after the death of the founder Sheldon Adelson. In Las Vegas Sands’announcement, Goldstein expressed gratitude for the support and friendship of the late founder. “This company has transformed the industry from a gaming-centric model to an integrated resort model and has fundamentally reshaped the tourism landscape of Las Vegas, Macau, and Singapore by adopting different strategic approaches in each market,” he said.

The company’s board intends to name Las Vegas Sands President and COO Patrick Dumont as the new chairman and CEO. Following his resignation, Goldstein will serve as a senior advisor until March 2028, assisting the management team in government relations, seeking new development opportunities, and shaping the company’s gaming strategy.

By Lee Shih Ta

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