Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________________ Form 10-Q _________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-32373 __ ...

Las Vegas Sands Corp. (NYSE:LVS) Q1 2023 Earnings Conference Call April 19, 2023 4:30 PM ET Company Participants Daniel Briggs - Senior Vice President of Investor Relations Rob Goldstein - Chairman and Chief Executive Officer Patrick Dumont - President and Chief Operating Officer Grant Chum - EVP of Asia Operations and COO of Sands China Conference Call Participants Joe Greff - J.P. Morgan Carlo Santarelli - Deutsche Bank Robin Farley - UBS Shaun Kelley - Bank of America David Katz - Jefferies Brandt Montou ...

1Q23 Earnings Call Presentation Forward Looking Statements This presentation contains forward-looking statements made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include the discussions of our business strategies and expectations concerning future operations, margins, profitability, liquidity and capital resources. In addition, in certain portions included in this presentation, the words “anticipates,” “believes,” “estimate ...

Financial Performance - Las Vegas Sands Corp. generated 53% of its total adjusted property EBITDA from Macao and 47% from Singapore over the past five years[10] - In 2022, Macao's annual gross gaming revenues were 42.20 billion patacas (approximately $5.25 billion), a decrease of 51.4% compared to 2021[18] - Singapore welcomed approximately 6.3 million international visitors in 2022, a 1,810.5% increase compared to 2021[22] - The company has unrestricted cash and cash equivalents of $2.57 billion and restricted cash of $125 million as of December 31, 2022, with approximately $2.06 billion available for repatriation[60] - The company suspended its quarterly dividend program in April 2020 due to the impact of the COVID-19 pandemic, with plans to reassess resumption based on future conditions[60] Market Share and Operations - The company holds approximately 30% market share in the mass gaming segment in Macao, with mass market table revenues contributing to about two-thirds of total gross gaming revenue at Marina Bay Sands[10] - The mass market segment is anticipated to continue delivering long-term growth due to the introduction of high-quality gaming facilities and non-gaming amenities[11] - The mass market gaming segment generated approximately 30% market share for combined SCL properties in Macao, with mass table revenues yielding a significantly higher gross margin than VIP table revenues[10] - The company operates approximately 2.9 million square feet of global MICE space, catering to business and leisure travelers[10] Investments and Expansion Plans - Las Vegas Sands Corp. plans to invest in the renovation and expansion of Marina Bay Sands and The Londoner Macao as part of its growth strategy[11] - The company has a financial commitment to spend approximately $3.77 billion (30.24 billion patacas) through 2032 on both capital and operating projects, including $3.46 billion (27.80 billion patacas) in non-gaming projects[36] - The company plans to develop a new approximately 18,000-square-meter MICE facility to enhance its convention offerings[36] - The MBS Expansion Project in Singapore has a total project cost of approximately 4.5 billion SGD (approximately $3.3 billion)[15] - The total project cost for the MBS Expansion Project is approximately SGD 4.5 billion (approximately $3.3 billion) with a significant portion allocated for additional MICE facilities and a new hotel tower[48] Sustainability and Community Engagement - Las Vegas Sands Corp. has been recognized in the Dow Jones Sustainability North America Index and the Dow Jones Sustainability World Index for three consecutive years[6] - The company is committed to responsible gaming and community engagement through its Project Protect and Sands Cares programs[6] - The company is committed to environmental sustainability through its Sands ECO360 program, aligning with the United Nations Sustainable Development Goals[34] - The Drop by Drop Project aims to promote sustainability in local regions and reinvest capital into innovative water projects in Macao and Singapore[34] Regulatory and Legal Considerations - The company has entered into a concession agreement with the Macao government for a duration of ten years, starting January 1, 2023, with annual payments of 750 patacas per square meter for the first three years[41] - The company is obligated to pay a special gaming tax of 35% on gross gaming revenues and a special annual gaming premium if revenues fall below specified minimums[46] - The company must contribute 5% of gross gaming revenue to designated utilities, which may be reduced or exempted if the company successfully expands to foreign tourist markets[46] - The Macao gaming authorities require prior approval for any loan or financing transaction above 100 million patacas (approximately $12 million)[45] - The SEC's Holding Foreign Companies Accountable Act could impose trading prohibitions if the company is identified as a "Commission-Identified Issuer" for two consecutive years[59] Employee and Workforce Management - The company employs approximately 35,700 employees worldwide, with about 50% being female[32] - The company has implemented various employee programs, including competitive pay and healthcare benefits, to attract and retain talent[32] - The company focuses on creating a diverse and inclusive workforce[32] Gaming Operations and Facilities - The Venetian Macao features approximately 503,000 square feet of gaming space with around 630 table games and 1,180 slot machines[12] - The Londoner Macao includes approximately 400,000 square feet of gaming space with about 480 table games and 860 slot machines[12] - Marina Bay Sands offers approximately 160,000 square feet of gaming space with around 500 table games and 2,900 slot machines[15] - The Sands Macao includes approximately 176,000 square feet of gaming space with about 160 table games and 560 slot machines[14] - The Londoner Macao has approximately 369,000 square feet of meeting space and a 6,000-seat arena[12] Visitor Trends and Tourism Impact - Approximately 6 million visitors were welcomed to Macao in 2022, down from 8 million in 2021, with expectations for a return to pre-pandemic visitation levels driven by various factors[18] - Changi Airport in Singapore saw 32 million passengers in the twelve months ended December 31, 2022, a 955% increase compared to 2021 but a 53% decrease compared to 2019[23] - Tourism receipts in Singapore were estimated at SGD 1.89 billion (approximately $1.41 billion) in 2021[22]

4Q22 Earnings Call Presentation Forward Looking Statements This presentation contains forward-looking statements made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include the discussions of our business strategies and expectations concerning future operations, margins, profitability, liquidity and capital resources. In addition, in certain portions included in this press release, the words “anticipates,” “believes,” “estimat ...

Las Vegas Sands Corp. (NYSE:LVS) Q4 2022 Earnings Conference Call January 25, 2023 4:30 PM ET Company Participants Daniel Briggs - SVP of IR Rob Goldstein - Chairman, CEO & Treasurer Patrick Dumont - President, COO & Director Grant Chum - EVP of Asia Operations & SVP of Global Gaming Strategy Conference Call Participants Joseph Greff - JPMorgan Carlo Santarelli - Deutsche Bank Stephen Grambling - Morgan Stanley Robin Farley - UBS Shaun Kelley - Bank of America Merrill Lynch Chad Beynon - Macquarie Brandt Mo ...

4Q22 Earnings Call Presentation Forward Looking Statements This presentation contains forward-looking statements made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include the discussions of our business strategies and expectations concerning future operations, margins, profitability, liquidity and capital resources. In addition, in certain portions included in this press release, the words “anticipates,” “believes,” “estimat ...

Las Vegas Sands Corp. (NYSE:LVS) Q3 2022 Earnings Conference Call October 19, 2022 4:30 PM ET Company Participants Daniel Briggs - Senior Vice President of Investor Relations Rob Goldstein - Chairman and CEO Patrick Dumont - President and COO Wilfred Wong - President of Sands China Grant Chum - EVP of Asia Operations and CEO of Sands China. Conference Call Participants Joseph Greff - JPMorgan Carlo Santarelli - Deutsche Bank Robin Farley - UBS Daniel Politzer - Wells Fargo Shaun Kelley - Bank of America ...