Las Vegas Sands (LVS) has confirmed that Patrick Dumont will take over as the company’s new chairman and CEO on March 1st.
As previously indicated by LVS’ Board of Directors, Dumont will succeed Robert Goldstein, who is stepping down and will become a senior advisor to the company through until March 2028.
Dumont has also been appointed chairman of Sands China, the company’s Hong Kong-listed subsidiary.
“It is a true honor for me to serve as chairman and CEO of this iconic company founded by one of the industry’s greatest visionaries,” Dumont said. “Under the leadership of Sheldon Adelson and Rob Goldstein, Sands has reached tremendous heights, and I welcome the opportunity to build on that legacy in the years ahead. I am excited about our company’s future and look forward to getting started in this new role.”
Dumont has served as LVS’ president and chief operating officer since January 2021, and has been a member of the Board of Directors since 2017, having joined the company in 2010.
During his time with the casino operator, Sands has undertaken transformative investment programs in Macao and Singapore to elevate its product offerings, enhance customer experience and increase long-term earnings potential.
Dumont has also been responsible for the company’s new development in Singapore, an $8 billion ultra-luxury project that broke ground in July 2025.
“We are fortunate to have the best assets in the best markets in our industry,” continued Dumont. “Our core leadership team has been together for many years, and we are highly focused on maximizing ongoing investments in our properties, people and local communities.
“Through our more than 41,000 deeply dedicated Team Members and our priority on delivering unparalleled experiences for discerning leisure and business guests, we remain focused on creating positive economic impact for our host regions and strong returns for our shareholders.”
Shares in Las Vegas Sands Corp. (NYSE:LVS) were trading at $56.83 per share in early trading in New York earlier Friday.