Las Vegas has explored an opportunity regarding iGaming and online sports betting. This has been told to analysts on Wednesday by Rob Goldstein who is working as the CEO of the casino group and hospitality management.
The shift of CEO in LVS
After Sheldon Adelson, Rob Goldstein has been appointed as the successor of LVS. Sheldon was the long-serving chairman, and he passed away earlier of this month. He has outlined online verticals in gaming. In both of the national and regional market, he has raised multiple opportunities. At present, a great number of opportunities are there, and they have nothing to report about any negative, said Rob Goldstein, who is the present CEO and the chairman of the Las Vegas Sands company.
Goldstein has clearly stated that LVS has no desire to leave the region. But it needs to go through with some of the speculations which may raise from the great offer in Las Vegas Strip property. The deal can be done with 6 billion dollars USD. There is a rumour that after the change in the CEO position, the popularity of this company has not decreased; rather increased. The demand has increased both in the mobile and online gaming platform. MGM Resorts and Caesars Entertainment have got a growth with the help of the Mergers and Acquisitions (M&A).
Making money has become the top priority
For the casino and hospitality operators, the admission has also signalled a 180 which has an opposition history in the online gaming. The restoration of America’s Wire Act campaign was possible because of the great effort of the Sheldon Adelson. He contributed to online betting by seeking the restoration of the previous federal prohibition in online gaming.
To stress on the activities of Adelson, Goldstein has stated that the U-turn was not for the decrease of productivity; rather, it was for the change in the online betting sector. Adelson was very aware of the potential of the gambling industry. He strongly believed in his decision and tried his best for the improvement of this sector. His ethical concern for the gamers was prioritized above all.