The land-based gaming giant will create a digital gaming investment team to focus on business-to-business opportunities in the casino games industry. The team will be led by Davis Catlin, a senior managing director of Sands Capital, which handles the operator’s investments. Robert Goldstein, Sands’ CEO, stated that the company is committed to growing its leadership position in the industry and sees online gambling as a sector with significant growth opportunities. Goldstein believes that digital gaming technology is still in its early stages and sees great potential in investing in the technologies being developed. He expressed confidence that Sands’ platform, expertise, and financial resources, combined with the leadership of the investment team, will result in long-term benefits for the company. Goldstein compared the patient and long-term approach taken in building their integrated resorts to the expected returns from investments in digital gaming technology. Earlier this year, Goldstein mentioned the company’s interest in expanding into online gambling, and subsequently, Sands agreed to sell its portfolio of properties in Las Vegas to focus on the Asian market.
Sands Casino Announces New Digital Investment Team to Support iGaming Suppliers
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