Business

Casino operator pays off big — to investors

Sheldon Adelson is the CEO of Las Vegas Sands.

AFP/Getty Images/File 2008

Sheldon Adelson is the CEO of Las Vegas Sands.

Las Vegas Sands Corp. said it will pay a special dividend of $2.75 per share, distributing about $2.26 billion to shareholders before year’s end. This month, the company increased its regular annual dividend by 40 percent to $1.40. The company runs casinos in Las Vegas, Pennsylvania, Singapore, and Macau. CEO and chairman Sheldon Adelson is the majority shareholder, with 52 percent; he stands to receive $1.19 billion from the special dividend payment.

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.