Las Vegas Sands (LVS) has announced of its plans to invest and expand in digital gaming technologies. It has formulated a team of experts having decades of experience in in building digital gaming spaces.
The digital gaming investment team shall be focused on developing the business-to-business space.
As per Gambling Insider, LVS CEO Robert Goldstein said: “Sands is determined to grow its leadership position within the industry and is committed to doing that through strategic steps we think best position the company for future growth. Digital gaming and other related offerings are still very much in the early stages of development, and we believe there is an outstanding opportunity for us to invest in the technologies being developed.”
He added: “He believe our company’s platform, expertise, and financial resources, together with the investment team led by Davis, will provide meaningful opportunities to make investments that will generate significant long-term benefits for the company.”
The CEO emphasized that developing of iGaming and other digital endeavors is next line of action of the company to branch out and serve as long term investment and return for its shareholders.