SOURCE: Las Vegas Sands
LAS VEGAS, NV–(Marketwire – July 29, 2010) – Las Vegas Sands Corp. (
“Wing Chao is a world renowned master planner and architect. We have admired his work and remarkable achievements for a long time,” said Las Vegas Sands Chairman and Chief Executive Officer Sheldon G. Adelson. “We are very excited that Wing is joining our board at a time in which our company continues to implement our current development plans and explores future growth opportunities in Asia as well as other parts of the world.”
Mr. Chao retired from Disney in 2009. While there, he oversaw master planning, architecture and development of Disney’s land holdings in California, Florida, Paris, Tokyo and Hong Kong. He also was vice chairman of development for Disney Parks and Resorts, Asia Pacific. In all, Mr. Chao played a key role in developing and implementing projects worth more than $8 billion.
Mr. Chao has worked with many of world’s most renowned architects and designers in creating resort hotels, parks, retail/dining/entertainment centers, sports complexes, new town development, and cruise ships. Mr. Chao was a key member in the successful negotiation with the French government to build the Paris Disneyland Resort. Subsequently he also played a vital role in the successful negotiation with the Hong Kong government for the Hong Kong Disneyland Resort which opened in 2005.
Wing Chao is also widely admired in the hospitality industry, where among his many awards and distinctions he has been recognized as one of the top 20 Hospitality Industry Leaders and Innovators by Hospitality Design Magazine. Mr. Chao holds Bachelor of Architecture and Master of Architecture degrees from UC Berkeley and a Master of Architecture degree with a focus in urban design from Harvard University.
Statements in this press release, which are not historical facts, are “forward-looking” statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve a number of risks, uncertainties or other factors beyond the Company’s control, which may cause material differences in actual results, performance or other expectations. These factors include, but are not limited to general economic conditions, competition, new ventures, government regulation, legalization of gaming, interest rates, future terrorist acts, insurance, and other factors detailed in the reports filed by Las Vegas Sands Corp. with the Securities and Exchange Commission. Las Vegas Sands Corp. assumes no obligation to update such information.
ABOUT LAS VEGAS SANDS CORP.
Las Vegas Sands Corp. (
THE VENETIAN® and THE PALAZZO®, Five-Diamond luxury resorts on the Las Vegas Strip, are among the company’s properties in the United States. In Singapore, the iconic MARINA BAY SANDS® is the most recent addition to the company’s portfolio.
Through its majority-owned subsidiary Sands China Ltd., the company also owns a collection of properties in Macau, including THE VENETIAN® Macao, Four Seasons Hotel Macao and the Four Seasons-branded serviced-apartments at its COTAI STRIP® development, as well as the SANDS® Macao on the Macau peninsula.
The company is currently constructing a 6,400-room complex at the COTAI STRIP, which will feature the Shangri-La, Traders, Sheraton, and St. Regis hotel brands.
Las Vegas Sands is also committed to global sustainability through its SANDS Eco 360 program and is an active community partner through its various charitable organizations.