Las Vegas Sands Chairman and CEO Robert Goldstein, who took the helm in January 2021 following the passing of company founder Sheldon Adelson, was among several top American executives who met with Chinese Premier Li Qiang last week in New York.
Goldstein, long regarded as Adelson’s trusted lieutenant, played a key role in expanding Sands’ footprint in Asia. Under Adelson’s leadership, Sands transformed Macau into the world’s premier gaming destination through the development of the lavish Cotai Strip.
Li’s visit to the US coincided with the United Nations General Assembly, where he also met privately with business leaders from major American firms operating in China. According to Bloomberg, the Sands boss was one of at least eight executives at the closed-door meeting.
“China and the US need to find the right way to get along in this new era,” Li said during an event hosted by the National Committee on US-China Relations. He emphasized that “economic and trade relations are an important part of our bilateral relationship,” and that both nations “can and should become friends and partners.”
That message was well received by Sands, which operates five integrated resorts in Macau — The Venetian, Sands, The Londoner, The Plaza & Four Seasons Hotel, and The Parisian — along with the Marina Bay Sands in Singapore. In 2024, Sands’ Macau properties generated more than $7.1 billion in net revenue.
As geopolitical tensions and trade disputes between Washington and Beijing continue to create uncertainty, Li’s remarks signaled that China is eager to maintain stability and foster collaboration with US firms. “Regardless of changes in the external environment, China will make every possible effort to ensure greater certainty for the growth of foreign companies,” he said.
Other American executives reportedly in attendance included representatives from BlackRock, Citadel Securities, Visa, FedEx, Estée Lauder, and Amphenol.
Since becoming premier in March 2023, Li has been viewed as a pro-business figure focused on strengthening China’s economic ties abroad. Meanwhile, Goldstein is preparing to step down as Sands CEO next year, with President and COO Patrick Dumont — Sheldon Adelson’s son-in-law — slated to succeed him.
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