Gambling News by Gambling Headquarters

Las Vegas Sands Corp. today announced the promotions of several key executives to further reflect the company's ever-expanding presence in Asia. "As we move forward with our visionary expansion plans in Macao we have taken the opportunity to bolster our management team," said William Weidner, president and chief operating officer of Las Vegas Sands Corp. As part of an overall plan to position LVS for its future growth, Stephen Weaver has been named president of the company's Asian subsidiary. In this role Mr. Weaver will be responsible for overseeing all of the company's efforts in Macao, including real estate development transactions, retail mall leasing, and other business-related activities. Mr. Weaver, who has been with the company since 2005, will in addition assume the supervisory activities previously performed by Frank McFadden, who has been relieved of his responsibilities. Mr. Weaver has vast experience in all elements of property development and business management, initially gained through 12 years practice as a property lawyer, and subsequently in senior management positions with Savills and Jones Lang LaSalle. Mark Brown, who joined the company in April, has been named president of Sands Macao and The Venetian Macao Resort. With nearly three decades of gaming and resort experience, Mr. Brown will oversee all operational aspects of both The Venetian Macao Resort and the Sands Macao. Mr. Brown started his career as a dealer at Resorts Hotel and Casino and quickly worked his way up the Trump Entertainment Resorts management ladder. During his tenure with Trump Entertainment he held a variety of senior level positions and was chief operating officer, president and CEO of Trump Hotels & Casino before joining Las Vegas Sands. Dr. Jorge Neto Valente has been the company's managing director since its inception and will continue to serve in that role as the company's opportunities expand. Dr. Valente has played a key role in the company's success in Macao and will continue to spearhead the company's legal and government relations functions. Additionally, David Sylvester, who has been with the company since 2005, has been promoted to vice president of retail development. Mr. Sylvester has worked closely with Stephen Weaver for the past year and will now be responsible for the company's ambitious retail plans for The Venetian Macao and the Cotai Strip(TM). Mr. Sylvester has over 22 years of experience in development and managing of shopping centers in Asia Pacific. Over the course of his career, he has been involved in more than 40 major retail developments. Having started his career with Westfield and Lend Lease, Mr. Sylvester went on to head up Jones Lang LaSalle's International Retail Leasing for Asia, based in Hong Kong. His most recent appointment before joining the company was as Group General Manager of GIC's retail assets in Australia.