Robert Goldstein to exit as CEO of Las Vegas Sands

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Las Vegas Sands has announced that Robert Goldstein is to step down as CEO and chairman of the business and transition to the role of senior advisor.

Goldstein will continue to serve as CEO at Sands until March next year, before moving into his new position. He has agreed to serve as a senior advisor until March 2028.

In his new role, Goldstein will assist management with government relations activities, efforts to pursue new physical development opportunities and gaming strategies.

The Sands board intends to name Patrick Dumont, currently president and chief operating officer, as the new CEO. This remains subject to final approval.

Goldstein has led Sands as CEO since January 2021, taking over following the passing of the operator’s founder, Sheldon Adelson.

He initially served in the role on a temporary basis when Adelson took a medical leave of absence to undergo treatment for non-Hodgkin’s lymphoma. Adelson died in January 2021, after steering Sands since its founding in 1988.

Prior to becoming CEO, Goldstein worked in a series of roles across the business, having joined Sands in 1995. These include spells as president of global gaming operations and executive vice president, then president and chief operating officer of The Venetian and The Palazzo in Las Vegas.

His most recent role before CEO was president and chief operating officer for the casino group. He has also served on the Sands board since January 2015.