Las Vegas Sands Corp. (LVS) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript

Richard Clarke
Bernstein Institutional Services LLC, Research Division

Thanks very much for joining the 4:30 session here at the Strategic Decisions Conference, 42nd Annual Strategic Decisions Conference.

Anyone that doesn’t know me, I’m Richard Clarke. I’m the GLL analyst, OTA cruise analyst here at Bernstein. and delighted to have Patrick Dumont here for, I guess, your first Strategic Decisions Conference, if that’s.

Patrick Dumont
Chairman, CEO, President & Treasurer

That’s right. Thanks so much for having me.

Richard Clarke
Bernstein Institutional Services LLC, Research Division

We’re delighted to have you here representing Las Vegas Sands. So maybe for anyone in the room that doesn’t know the business that well, maybe just a short description and then you’ve been in the job now for, I guess, 3 months? Is that about right? Not new to the industry, not new to the business. I appreciate that. But just any first impressions, early impressions of sitting in the hot seat.

Patrick Dumont
Chairman, CEO, President & Treasurer

I think the great thing is I’ve worked for the company for almost 16 years. And so our team is a group that’s worked together for a long time. You asked for a description of our company. We are the premier developer and operator of integrated resorts in Asia. So our founder, Sheldon Adelson, had a vision for large-scale growth in tourism through scale investments for both leisure and business tourism, and he accomplished that. And so today, we’re the scale operator in 2 of the most important markets in the world for our industry.