Las Vegas Sands Corp. Adds One of Las Vegas' Top Executives to Management Team

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Las Vegas Sands Corp. (NYSE: LVS) today announced that Kevin Kelley has joined the organization as senior vice president.

Bringing to Las Vegas Sands Corp. nearly 20 years of hotel and resort experience, Kelley was most recently president and chief operating officer for Hard Rock Hotel and Casino where in his 3 1/2 year tenure they achieved record revenues. Prior to this, he served with Station Casinos for over nine years where he held many positions including president of West Las Vegas operations overseeing all aspects of five properties.

"Kevin is truly a unique individual with experience in all aspects of hotel and casino management, and we are delighted to have him join the organization," said Bradley H. Stone, executive vice president of Las Vegas Sands Corp. "Our company is growing, especially overseas and Kevin's extensive knowledge will help the team execute our vision for the future."

Mr. Stone said the company's growth plans include, The Venetian Macao, which is currently under construction on the Cotai Strip(TM), as well as the development of other hotels in Asia's Las Vegas(TM), including a Four Seasons, Sheraton, St. Regis, Shangri-La, Traders, Hilton, Conrad, Fairmont and Raffles hotels. Additional projects include the recently announced Marina Bay Sands(TM) in Singapore and the $1.8 billion Palazzo Resort Hotel Casino, adjacent to The Venetian on the Las Vegas Strip.

Statements in this press release, which are not historical facts, are "forward-looking" statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve a number of risks, uncertainties or other factors beyond the Company's control, which may cause material differences in actual results, performance or other expectations. These factors include, but are not limited to general economic conditions, competition, new ventures, government regulation, legalization of gaming, interest rates, future terrorist acts, insurance, and other factors detailed in the reports filed by Las Vegas Sands Corp. with the Securities and Exchange Commission.

ABOUT LAS VEGAS SANDS CORP.

Las Vegas Sands Corp. is a hotel, gaming, resort and exhibition/convention company headquartered in Las Vegas, Nevada. The company owns The Venetian Resort Hotel Casino and the Sands Expo and Convention Center, where it hosts exhibitions and conventions, in Las Vegas and the Sands Macao in the People's Republic of China Special Administrative Region of Macao. The company is also developing additional casino hotel resort properties, including The Palazzo Resort Hotel Casino in Las Vegas, The Venetian Macao Casino Resort in Macao and Marina Bay Sands(TM) in Singapore.

Contacts:

Investment Community: Scott Henry, Senior Vice President, Finance, 702-733-5502

Media: Ron Reese, Executive Director of Communications, 702-414-3607


2006-07-07
Casino News > Las Vegas Sands Corp. Adds One of Las Vegas' Top Executives to Management Team
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