Las Vegas Sands shuts digital gaming venture ending 150 US jobs

Las Vegas Sands Corp. has decided to shut down its digital gaming venture, Sands Digital Services (SDS), which aimed to provide live-streamed wagering to U.S. states where online gambling is legal. The company determined that continuing the project was no longer aligned with its long-term strategic goals, as stated by President and COO Patrick Dumont. This closure will affect around 150 employees in Las Vegas and up to 400 jobs in total, though some impacted staff may apply for other roles within the company. Sands will now focus its investments and growth efforts on its established properties in Macau and Singapore, including a significant $8 billion expansion of Marina Bay Sands set to include a new hotel tower and arena. Despite the shutdown, the company remains committed to evolving with the digital landscape but prioritizes opportunities that align with shareholder interests and core business objectives. The move reflects the challenges casino operators face in balancing investments between digital initiatives and land-based resorts.